Nigerian Content Development and Monitoring Board, NCDMB, has stressed the need for indigenous oil and gas companies to embrace and exploit new investment opportunities in Nigeria’s oil and gas industry.
He said: “As always, one of the key objectives of NOGOF is to bring together governments, national oil companies, investors, corporate players and independents, we can give them a unique space within our country to network, discuss and share knowledge. The Fair attracts the highest quality of speakers as our sessions are led by leaders of industry, Ministers, head of NOCs, leading geoscientists and CEOs from major local and international oil and gas companies.”Mr.
He listed five key areas the PMO will focus on to include managing the ongoing process and refinement of Project 100 strategy, managing the selection, acceleration and graduation process of Project 100 beneficiaries and managing the implementation of initiatives for the various target beneficiaries. Wabote also directed the members to identify the various areas of interest of the beneficiaries and provide them opportunities in collaboration with theNational Petroleum Investment Management Services, NAPIMS.
He said the project hoped to support beneficiary companies to grow their annual turnover from about N100m to over N500m, increase job creation and their local content level, train more manpower and acquire cutting edge technology.
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