New Governing Council for Nigerian Content Development Inaugurated

The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has inaugurated the fourth governing council of the Nigerian Content Development and Monitoring Board (NCDMB), under the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.

The council, announced by President Bola Tinubu in December, includes representatives from key institutions in the oil and gas sector. Lokpobiri will chair the council, with Engr. Felix Omatsola Ogbe as the secretary. Members comprise executives from the Nigerian National Petroleum Co., the Nigerian Upstream Regulatory Commission, the Ministry of Petroleum Resources, and other significant industry and regulatory bodies. Lokpobiri highlighted the council’s role in leveraging the expertise of its members to advance the oil and gas industry and emphasized the NCDMB’s achievements over the past 13 years.

He urged the new members to contribute to further developing Nigerian content in the industry. NAICOM CEO Olorundare Sunday Thomas expressed commitment to continuing the NCDMB’s impactful work, underscoring the value added to the industry and the Nigerian economy through the NOGICD Act.