Nigerian Content Development and Monitoring Board Disowns News Report On Steel Industry and PIGB

NCDMB boss


By Izuchukwu Ozoemena



The Nigerian Content Development and Monitoring Board (NCDMB)  has restated that as an agency of government championing the cause of developing and infusing local expertise in the country’s oil and gas sector, she is determined to collaborate with other stakeholders including the Nigerian Maritime Administration and Safety Agency (NIMASA) to implement and enforce the provisions of the Nigerian Oil and Gas Industry Content Development Act for the benefit of Nigeria and all Nigerians.

The NCDMB General Manager, Corporate Communications, Dr Ginah Ginah stated this Tuesday while debunking media reports which credited the agency with saying that the Board recently picked holes in the infrastructural development in the country’s rail sector and the delayed passage of the Petroleum Industry Governance Bill (PIGB).

In a statement from the agency, Dr Ginah who represented the NCDMB Executive Secretary/Chief Executive Officer in Lagos recently at a one-day sensitization seminar on Local Content Development in Shipping, Oil and Gas Logistics Operations in Nigeria organized by the Maritime Reporters Association of Nigeria (MARAN), described as absurd the way and manner such a story in certain media could be credited to an agency of government established by law to be at the forefront of local content development.

 Refuting the news reports which he referred to as shocking and embarrassing, Dr Ginah categorically stated that it was a complete misrepresentation and distortion of facts. He recalled that his position during the seminar was that “the Federal Government’s focus on rail projects abandoned for three decades are impactful and will positively impact on commerce across the country  and enhance the revamping of the steel industry which will, in turn, accelerate local content development and performance in the oil and gas industry and other linkages sectors”. He recalled that participants at the seminar agreed that there was the need for all to quicken the passage of all petroleum industry bills, not just the PIGB so as to spur more investments.

Among other stipulations in the NCDMB Act 2010, all regulatory authorities, operators, contractors, subcontractors, alliance partners and other entities involved in any project, operation, activity or transaction in the Nigerian oil and gas industry shall consider Nigerian content as an important element of their overall project development and management philosophy for project execution.

 Nigerian independent operators shall be given first consideration in the award of oil blocks, oil field licences, oil lifting licences and in all projects for which contract is to be awarded in the Nigerian oil and gas industry subject to the fulfillment of such conditions as may be specified by the Minister.

There shall be exclusive consideration to Nigerian indigenous service companies which demonstrate ownership of equipment, Nigerian personnel and capacity to execute such work to bid on land and swamp operating areas of the Nigerian oil and gas industry for contracts and services contained in the Schedule to the Act.