DEEPENING NIGERIAN CONTENT OPPORTUNITIES IN THE DECADE OF GAS
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote, has announced the theme of the 11 th annual Practical Nigerian Content (PNC) Forum as “Deepening Nigerian Content Opportunities in the Decade of Gas”.
In 2021, President Muhammadu Buhari launched the “Decade of Gas” which set the tone for Nigeria’s drive to harness the nations gas reserves, aiming to increase Nigeria’s utilisation of gas for power, as well as emerging as a major gas exporter.
Earlier in the year, Engr Simbi Kesiye Wabote shared the Federal Government’s plans to provide 20 million homes with power through the National Gas Expansion Programme. Coupled with the increase in global demand for gas, the untapped domestic and international opportunities for indigenous companies are becoming clearer.
Following various global events, gas has become the globally accepted transition fuel. This has increased the demand for gas across the world, thereby increasing the demand for a new skill sets in the sector.
Also read: NCDMB Regulatory Role is to Create Enabling Business Environment — Wabote
Twelve years on from the enactment of the Nigeria Oil & Gas Industry Content Development Act, 2010, the Nigerian oil and gas sector can boast of an increase in Nigerian Content from 5% to 42%. From 5 – 8 December 2022, industry stakeholders will gather at PNC to explore the emergent opportunities within the evolving domestic gas sector, identify opportunities for cross sectorial linkages to utilise existing capacity and devise strategies for Nigeria to become a major gas exporter.
H.E. Dr. Timipre Sylva, Honourable Minister of State for Petroleum Resources, Federal Republic of Nigeria commented during the 10 th annual PNC Forum; “The Practical Nigerian Content Forum has consistently reached its objectives and I want to sincerely commend the management and staff of NCDMB for making it such a high value event where oil industries gather annually to review the successes, opportunities and challenges of local content in the industry.”
Organised in partnership with the Nigerian Content Development and Monitoring Board, for over 10 years, the Practical Nigerian Content, has gathered over 600 delegates to the Strategic Forum, Showcase Arena and the Site Visit. For more information, please visit www.pncnigeria.com
About Practical Nigerian Content Forum
For over 10 years, Practical Nigerian Content has gathered over 600 delegates to the Strategic Forum and features a Showcase Arena for indigenous and international companies to display their capacity, capabilities, and expertise from a Nigerian Content perspective to potential clients, partners and investors. This year’s Practical Nigerian Content Forum will be celebrating the successes of the Nigerian Oil and Gas Industry Content Development Act over the past decade, with a focus on deepening Nigerian Content opportunities in the decade of gas.
About DMG Events In Nigeria
Over the last 22 years, our energy industry events have gathered the top echelon of the Nigerian oil and gas industry including presidents, ministers, heads of government agencies and CEOs. Senior industry stakeholders annually convene for the opportunity to hear new policy
announcements, deliberate challenges, explore solutions and identify investment opportunities. Our team of experts have a diverse range of skills and backgrounds including government relations, energy publishing, project and event management, marketing, research and sales disciplines.
dmg Nigeria events is a subsidiary of dmg events. Headquartered in Dubai, UAE since 1989 with operations in Saudi Arabia, Egypt, Singapore, Canada, South Africa and the UK. dmg events is an international exhibitions and publishing company, attracting more than 425,000 attendees to its portfolio of 84 exhibitions each year.
