NNPC Ltd Champions Local Content Development at 13th Practical Nigerian Content Forum
In a strong display of dedication to fostering local content and driving sustainable growth in Nigeria’s energy industry, NNPC Limited has reiterated its resolve to empower local businesses and innovate for a robust oil and gas sector.
Speaking at the 13th Practical Nigerian Content (PNC) Forum held in Yenagoa, Bayelsa State, the Group Chief Executive Officer (GCEO), Mallam Mele Kyari, represented by the Executive Vice President, Upstream, Mr. Udobong Ntia, highlighted the transformative impact of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010. Kyari hailed the legislation as a catalyst for positioning Nigerian businesses on a competitive global platform.
“The PNC forum provides a unique opportunity for stakeholders to reflect, share insights, and identify strategic growth opportunities. Our shared responsibility is to empower local firms and drive innovation to ensure Nigeria’s energy sector meets local and global demands,” Kyari stated.
Local Content as a National Priority
Underscoring the government’s commitment to prioritizing local content, Kyari pointed to the recent Presidential Directive on Local Content Compliance Requirements for 2024 as a landmark strategy. “This directive strengthens our resolve to implement a robust local content agenda,” he added.
This year’s forum theme, “Defining the Next Frontier for Nigerian Content Implementation,” served as a rallying call for stakeholders to redefine strategies for maximizing local content in the evolving energy landscape.
Highlights of NNPC Ltd’s Local Content Strategy
- Reaffirming Commitment to the NOGICD Act of 2010: The Act continues to empower Nigerian businesses to compete globally, ushering in a transformative era for the oil and gas industry.
- Presidential Directive for Local Content Compliance in 2024: The directive underscores the Federal Government’s resolve to prioritize local content as a key pillar of its national strategy.
- Strategic Restructuring Initiatives:
- Restructuring NNPC Exploration and Production Ltd (NEPL) to optimize local participation.
- Positioning NNPC Engineering and Technical Company (NETCO) Ltd as a full-scale engineering enterprise.
Forum Theme: Defining the Next Frontier for Nigerian Content Implementation
The forum’s theme resonated with participants, driving discussions on innovative approaches to deepen local content and promote economic sustainability within Nigeria’s energy sector.
Distinguished Speakers and Dignitaries
The event was graced by an array of esteemed speakers and participants, including:
- Senator Lawrence Ewhurdjakpo: Deputy Governor of Bayelsa State
- Senator Heineken Lokpobiri: Minister of State, Petroleum Resources (Oil)
- Hon. Ekperikpe Ekpo: Minister of State, Petroleum Resources (Gas)
- Amb. Nicholas Agbo Ella: Permanent Secretary, Ministry of Petroleum Resources
- Engr. Felix Omatsola Ogbe: Executive Secretary, Nigerian Content Development & Monitoring Board (NCDMB)
- Dr. Omar Farouk Ibrahim: Secretary General, African Petroleum Producers’ Organisation (APPO)
- Senator Natasha Akpoti-Uduaghan: Chairperson, Senate Committee on Local Content
- Hon. Boma Goodhead: Chairperson, House Committee on Local Content
Key Takeaways and Call to Action
Kyari urged participants to actively engage, share best practices, and forge partnerships to enhance Nigeria’s journey toward energy sufficiency. “Together, we can build a robust local content ecosystem that not only drives economic development but also ensures long-term benefits for all Nigerians,” he concluded.
The 13th PNC Forum, hosted by the Nigerian Content Development and Monitoring Board (NCDMB), continues to serve as a critical platform for shaping local content strategies, underscoring the collective responsibility to redefine Nigeria’s energy future.
This forum solidifies Nigeria’s ambition to harness its vast human and material resources, transforming the energy sector into a globally competitive industry while fostering inclusive growth across the nation.
