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NCDMB Plays Leading Role at SAIPEC 2024

By Ese Ufuoma

Nigerian Content Development and Monitoring Board (NCDMB), Africa’s beacon of local content development took centre stage at the 8th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos.

With a steadfast commitment to nurturing indigenous participation and value optimization in the oil and gas sector, NCDMB played a vital role in shaping discussions and initiatives aimed at driving Africa’s economic empowerment.

Under the visionary leadership of NCDMB’s Executive Secretary, Engr. Felix Omatsola Ogbe, the Board spearheaded strategic sessions at SAIPEC, showcasing Nigeria’s unparalleled expertise in local content policies and implementation strategies.

Through interactive panel sessions and presentations, NCDMB shared insights on regulatory frameworks, capacity building and funding mechanisms, highlighting the importance of sustainable growth and in-country value addition.

In collaboration with industry partners and stakeholders, NCDMB facilitated discussions on the impact of local content across African oil-producing countries, emphasizing the need for collective action and cooperation to unlock the continent’s vast potential. By leveraging its extensive experience and resources, the Board reiterated its commitment to supporting other African nations on their journey towards local content excellence.

Importantly, SAIPEC 2024 served as a platform for NCDMB to showcase its achievements and ongoing initiatives, including the successful deployment of the Nigerian Content Development Fund (NCDF) and the promotion of research and development initiatives through partnerships with organizations like the Petroleum Technology Association of Nigeria (PETAN).

As Africa embarks on a new era of economic growth and integration, NCDMB remains at the forefront, driving innovation, fostering collaboration, and empowering local communities across the continent. Through its unwavering dedication to promoting indigenous participation and value creation, NCDMB continues to shape the future of Africa’s oil and gas industry, paving the way for a more prosperous and sustainable tomorrow.

At SAIPEC, NCDMB showed support to developing local content through a two-day Knowledge-Sharing Session with a delegation from Mozambique’s national oil company, Empresa Nacional de Hidrocarbonetos (ENH).

During the knowledge-sharing, the Mozambican officials sought clarifications on the Board’s model of enforcing local content compliance, monitoring projects, supervising third-party investments, and many other areas.

NCDMB’s delegation was led by Engr. Ogbe, while Mozambique’s team was led by the Chairman of Empresa Nacional de Hidrocarbonetos, Mr. Estevao Rafeal Pale.