NCDBM EXAMINES NIGERIAN CONTENT, THE NEXT FRONTIER 

NCDBM EXAMINES NIGERIAN CONTENT, THE NEXT FRONTIER 

Originally published on July 4, 2018

The 17th Nigeria Oil and Gas Conference and Exhibition, 2018, being hosted by Total E&P Nigeria Limited, has commenced on Monday at the Nicon Luxury Hotel in Abuja. 

The conference kicked off with a seminar which focuses on consolidating Nigerian content successes and outlining the strategy for increased national capacity in the next five years. 

In her welcome address, Wemimo Oyelana, Vice President, Production CWC Group Limited, revealed that the opportunities for investors are quite in place such as the one presented by the Deep Water Project.

"We will engage stakeholders in order to maximize the great content," she said. 

Engineer Simbi Wabote, Executive Secretary, Nigerian Content and Monitoring Board (NCDBM), stated that local content is not about Nigerialization, but more about domiciliation and domestication of activities and services in the country. 

Speaking on the theme of "Driving Nigerian Oil and Gas Industry towards sustained economic development and growth," Wabote said that various strategies must be adopted. 

He further emphasized on basic strategies like allowing stakeholders engagement in order to foster the progress of Local Content development like NEXA, NACA, NNPC, and PTDF.

The key strategies include "stakeholders’ engagement, collaborating to overcome key challenges, unskilled gaps, with sectorial linkages, policy inconsistency and other issues," he explained.

Other strategies outlined by Wabote include ways to fast track establishment of site development, architectural work, land acquisition, establishment of similar parks that are relevant to the geo-political zone, hold research and development Fair (R&D), Provision of support for the ongoing third party investment s( EGINA), streaming the contracting cycle to 6months( SLA signing with OPTS, SLA signing with NLNG), launched the upgraded NOGIC JQS improvement, partnership on mechanized barties, petroleum Industry Roamap (7 Big wins, and LPG), signed shareholders agreement between water smite and NCDMB in Calabar, and launch of the 200million dollar NCIN fund with BOI.

Equally examined at the event was Outlining the Next Phase for Re-energizing Content Initiative's in Today's Business Environment.

Engineer Adamu Kida Musa, Deputy Managing Director, Deep Water District, Total E&P Nigeria Limited, expressed that "the underlying philosophy of objectives of Nigerian Content today includes the focus points of competency development, technology development, job creation, revenue retention, research and development and industrialization.”

The seminar also adopted the strategy of forum discussions where a number of panelists discussed major topics about Nigerian Content, with a focus on expanding Nigeria's capabilities for the Oil and Gas Industry.

One of the questions the panel discussed is - To what degree are the government, academia and the private sector collaborating to develop the necessary technical capabilities of graduates? 

The Director, Planning, Research and Statistics Nigerian Content Development & Monitoring Board (NCDMB), Patrick Obah, said that the intention is to improve academia in Universities and to collaborate with NUC and Universities to adopt particular faculty in areas of interest.