The maiden sensitization and enlightenment workshop on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act ended recently in Uyo, Akwa Ibom State with a call by the host government on the Board to stiffen penalties for non-compliance of the law to make Nigerians believe in the concept of indigenous participation as a major […]

The Nigerian Content Development and Monitoring Board in executing its mandate stipulated in the Nigerian Oil and Gas Industry Content Development, (NOGICD) Act signed into law in 2010 by President Goodluck Jonathan, organized a maiden sensitization and enlightenment workshop recently in Calabar to create awareness on business opportunities in the oil and gas industry as […]

FORMER president Olusegun Obasanjo has commended the courage and doggedness of Mrs Florence Seriki as an entrepreneur in the nation’s fledgling IT industry despite of  gruelling challenges, saying that the local content policy, if well implemented, will drive spontaneous growth of the national economy.  Local content advocacy achieved front burner status during Chief Obasanjo’s eight-year tenure as […]

THE House of Representatives has unveiled plans to strengthen the Nigeria Oil and Gas Industry Content Development Act and help to create an enabling environment for partnership and business growth. Chairman of House Committee on Local Content, Asita O Asita, made this disclosure recently at an investment forum hosted by Shell and the United Kingdom Trade […]

The golden era of easy oil is over…Today the rules of the game have changed: Developing local economies, stimulating industrial development, increasing local capability, building a skilled workforce and creating a competitive supplier base – also referred to as local content – are minimum requirements for doing business with host countries and national oil companies,” a […]

The signing of the Nigerian Content Act on April 22, 2010 by President Goodluck Jonathan marked the beginning of the turn around in the activities of indigenous contractors in the Nigerian Oil and Gas industry.   Indeed, the immediate result of the implementation by the Nigerian Content Development and Monitoring Board (NCDMB) through the effective supervision […]

At the recently concluded Offshore Technology Conference, OTC, in Houston Texas, USA, the Executive Secretary, Nigerian Content Management Board, NCDMB, Mr. Ernest Nwapa, spoke on three years enactment of the Nigerian Content Act and other industry-related issues, as captured by Clara Nwachukwu and Sebastine Obasi. Excerpts: A lot have been said about the PIB, what is […]