NCDMB donates Economics Lab to Niger Delta University (NDU)

The Nigerian Content Development and Monitoring Board (NCDMB) on Monday commissioned an ultramodern Econometrics Laboratory it built at the Department of Economics, Niger Delta University, Wilberforce Island, Bayelsa State.
The laboratory is equipped with state of the art computers, modern economics software, projectors, printers, photocopiers and is powered by a 30 KVA generating set with a backup 10 KVA inverter to ensure stable and constant power supply.
Speaking at the event, the Executive Secretary, NCDMB Engr. Simbi Wabote, represented by a Supervisor in the Capacity Building Division, Mr. Timbiri Augustine, said the project was part of the Board’s efforts to close existing gaps in the Nigerian educational system. He added that the laboratory will enhance the quality of teaching and learning in the Department of Economics and impact positively on the graduates.
He explained further that the mandate of the Board was to build human and material capacities and capabilities and ensure the utilization of local facilities, technology as well as goods and services in the operation of the Nigerian Oil and Gas Industry.
He urged the university to ensure effective use of the laboratory and assured that the Board would continue to collaborate with institutions of higher learnings in Nigeria to boost the standards of learning for undergraduates.
In his remarks, the Vice Chancellor of the University, Prof. Samuel G. Edoumiekumo commended the Board for donating the laboratory, which would enhance the value of the graduates and lecturers. He also requested the NCDMB to establish a Research and Development Centre of Excellence in the Engineering Faculty, to upscale the capacities of young Nigerians with skills required in the Oil and Gas Sector.