NCDMB Shares Local Content Expertise with Mozambique

The Nigerian Content Development and Monitoring Board (NCDMB) hosted a two-day knowledge-sharing session with a delegation from Mozambique’s national oil company, Empresa Nacional de Hidrocarbonetos (ENH), on developing and implementing effective local content policies.

Key Takeaways:

• NCDMB’s leadership: The session highlighted NCDMB’s commitment to supporting African nations in maximizing in-country value from their oil and gas resources.
• Experience sharing: Presentations covered key areas like regulatory frameworks, capacity building, funding models, and project monitoring.
• Mozambique’s interest: The Mozambican delegation actively engaged, seeking insights on NCDMB’s successful strategies.

Key Points:

• NCDMB Executive Secretary Engr. Felix Omatsola Ogbe emphasized the importance of choosing value maximization over mere revenue generation.
• He outlined key parameters for sustainable local content growth, including:
  • Regulatory framework: A strong legal foundation is crucial.
  • Gap analysis: Identifying skill, facility, and infrastructure gaps is essential.
  • Capacity building: Developing local capabilities and utilizing them in projects is key.
  • Funding and incentives: Dedicated funding and attractive incentives are needed.
  • Research and development: Fostering innovation is vital for long-term success.
  • Market access: Ensuring local companies have access to market opportunities is critical.
• The NCDMB shared its experience with the Nigerian Content Development Fund (NCDF), a successful model for funding local content initiatives.
• The session also covered project planning, certification, monitoring, and evaluation, providing valuable insights for Mozambique.

  

Impact:

• This knowledge-sharing aligns with NCDMB’s strategic goal of supporting other African oil producers.
• It promotes regional collaboration and creates opportunities for Nigerian companies in the continent’s growing oil and gas sector.
• NCDMB has previously assisted Senegal, Tanzania, and Uganda in developing their local content frameworks.

  

Overall:

This knowledge-sharing session demonstrates NCDMB’s leadership in local content development and its commitment to fostering regional collaboration within Africa’s oil and gas industry.