NCDMB: Community Content Guidelines Will End Security Challenges in Oil Industry - THISDAYLIVE

The coming of the Community Content Guidelines initiated by the Nigerian Content Development and Monitoring Board will significantly help to address many of the security challenges being experienced by operators in the Nigerian oil and gas industry as well as members of the oil bearing communities.

Ginah, said the board is currently collecting names of communities that make up the host communities to oil companies operating in the countries, particularly the Niger Delta oil producing communities. He, however, disclosed that the board has achieved 30 per cent local content in the nation’s oil and gas industry barely two years into its 10-year Roadmap. Ginah, equally revealed that the NCDMB has succeeded in ensuring that 40 per cent of marine vessels deployed to the nation’s oil and gas industry operations are owned by indigenous companies.

He further said: “At the NCDMB, we work collaboratively with all companies to achieve results. We prefer not to be engaging companies in legal battle to avoid keeping projects in standstill. We work proactively as we pursue our local content mandate. We have achieved 40 per cent local content in the ownership of marine vessels, today, 40 per cent of the Marines vessels deployed to the Nigerian oil and gas industry operations is owned by Nigerian companies.

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