Lokpobiri Charges New NCDMB Council on Growth of Nigeria’s Energy Sector

March 1, 2024
NCDMB Council

By Adedapo Adesanya 

The Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, has charged the newly inaugurated fourth Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) to continue advancing the country’s oil and gas industry.

The NCDMB Governing Council is set up under the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and draws membership from representatives of select institutions connected with the energy sector.

The fourth NCDMB Governing Council would be chaired by Mr Lokpobiri, while the Executive Secretary of NCDMB, Mr Felix Omatsola Ogbe, would serve as the Secretary.

Others are the Executive Vice President, Gas, Power, and New Energy, NNPC Ltd, Mrs Oritsemyiwa Eyesan; the Chief Executive Officer of the Nigerian Upstream Regulatory Commission, Mr Gbenga Komolafe; the representative from the Ministry of Petroleum Resources, Mrs Bekearedebo Augusta Warrens and the Chairman of the Petroleum Technology Association of Nigeria, Mr Nicholas Odinuwe.

Others include the Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission, (NAICOM), Mr Sunday Thomas; Chairman of the Council for the Regulation of Engineering, COREN, Mr Sadiq Abubakar; and the representative of the Nigerian Content Consultative Forum, Mr Raphael Samuel.

Chairing the inaugural meeting of the Council, the Minister said the NOGICD Act provided for institutional representation on the Governing Council, to enable the agency to benefit from the expertise and professionalism of key organisations and change the narrative in the oil and gas industry.

Mr Lokpobiri confirmed that NCDMB had recorded tremendous achievements in the oil and gas industry in the last 13 years of its existence and had achieved many of the set objectives.

He solicited the cooperation of the new Council members to raise the bar of Nigerian Content development, adding that many African countries are coming to understudy Nigeria’s Local Content model and it was incumbent on Nigeria to deepen the level of implementation and stay ahead of other nations.

Speaking further, the Minister stated that one of the core mandates of the NCDMB was to build indigenous human and infrastructural capacities so that Nigerians can play critical roles in the oil and gas industry.

He highlighted that NCDMB was one of the few agencies chaired by the Minister, attributing it to the importance of the organisation to the national economy, noting that section 75 of the NOGICD Act mandates the Governing Council to manage and superintend the affairs of the Board among other duties.

Responding on behalf of the newly constituted council, the Chief Executive Officer of the National Insurance Commission, NAICOM, Mr Thomas, thanked the Minister for the nomination and promised to uphold the confidence reposed in them.

Mr Thomas affirmed that NCDMB has performed creditably, and Nigerian Content implementation has become the envy of many countries.

“A lot of value has been added to the oil and gas industry and the Nigerian economy and I thank those who originated the NOGICD Act. We will do our best and we will continue the good work started by the NCDMB,” he said.

Also, the Executive Secretary of NCDMB, Mr Ogbe promised to work closely with all the members of the Governing Council to take the board to greater heights.

Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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