Industry Leaders Defend Local Content, Rally Behind NCDMB At NOG Energy Week

Industry Leaders Defend Local Content, Rally Behind NCDMB At NOG Energy Week

At the NOG Energy Week in Abuja, industry leaders robustly defended Nigeria’s local content policy, rejecting claims that it inflates business costs in the oil and gas sector. They cautioned that such criticisms jeopardize the nation’s industrial progress and lauded the Nigerian Content Development and Monitoring Board (NCDMB) for its pivotal role in building indigenous capacity and fostering innovation, according to a statement by Dr. Obinna Ez…

NCDMB to champion “Nigeria First” Policy in Oil and Gas sector

…revamps N50bn community contractors fund The Nigerian Content Development and Monitoring Board (NCDMB) has pledged its full commitment to implementing the recently introduced “Nigeria First” policy, a key directive of President Bola Ahmed Tinubu’s administration aimed at boosting local production and patronage of locally made goods and services, reducing dependence on imported items. The Executive […]