The Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote gave the assurance on Monday at the Board’s liaison office, Abuja...
The Nigerian Content Development and Monitoring Board is ever ready to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization from hydrocarbons and mineral resources.
Wabote recalled that other African nations like Senegal, Tanzania, and Uganda and others have benefitted from Nigeria’s guidance on local content and the Board would continue to provide similar support to any interested Africannation that requests for its assistance. He added that the Board’s objective is to extend local content practice across the content, in line with the Sectorial and Regional Market LinkagePillar of the Nigerian Content 10-year strategic roadmap.
Speaking further, the Executive Secretary advised the Guinean delegation to remain committed to the implementation of local content policy, describing it as a long journey, which would require strong political will from their leaders and the development of tools, processes, communications strategies, and stakeholder engagements.
He informed that the enactment of the Nigerian Oil and Gas Industry Content Development Act and the focussed implementation in the past 12 years have resulted in the growth of in-country capacity to 54 percent at the end of 2022.
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