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NCDMB vows to achieve 70% local content in petroleum industry by 2027

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The Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, Engr. Felix Ogbe has maintained that the board would achieve its target of pushing local participation in the oil and gas industry to 70 percent by 2027.

Engr. Ogbe who stated this in Abuja at the opening of the Nigerian Content Seminal to mark the beginning of the 2024 Nigerian Oil and Gas conference, said jobs in the industry can only be out-sourced when there was no in-country capacity.

He added the NCDMB would continue to ensure that all services provided in the industry “generate values within the country”. Komolafe who stated this during the launch of African Petroleum Regulatory Forum, AFRIPERF, said the launch marked “a significant milestone in our collective journey towards fostering a more collaborative, innovative, and sustainable petroleum industry in Africa.Wike, Kingibe trade tackles

 

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