The Nigerian content initiative of the Federal Government has received a big boost as Technova Africa Group (TAG) Limited, will this week perform a groundbreaking ceremony for a 200,000metric tonnes per annum (MTPA)-capacity line pipe mill and coating facility in Nigeria.
The project, which will be the first of its kind in Nigeria and the West Coast of Africa, will be implemented in two phases in Ologbo area of Edo State at a total of $200million.
The company said in a statement at the weekend that it was venturing into Helical Submerged Arc Welded (HSAW) line pipe manufacture and coating in compliance with globally accepted standards.