Oil & Energy
Board Tasks Stakeholders On Local Content Development
The Nigeria Content Development and Monitoring Board (NCDMB) has urged stakeholders in the oil nad gas industry to key into the objective of the Nigeria Oil and Gas Industry content Development (NOGICD) Act to promote local content in the country.
Executive Secretary of the Board, Engr Simbi Wabole, gave the urge while speaking with newsmen in Port Harcourt at the weekend.
He said the achievement of Nigerian content and diversification of the economy was a key agenda of the Federal Government, adding that the NOGICD act was enacted in 2010; “With a ten years vision and strategic initiative to increase diversification in the oil and gas sector and the wider economy”.
He pointed out that, “Before the enactment of the (NOGICD) Act in 2010, all fabrication, engineering and procurement were done abroad, resulting in estimated capital flight of about $380 billion in 50 years, with attendant estminated job loss of 2 million, especially in the Niger Delta region”.
He added that the level of Nigeria content then was far less than 5 per cent as the focus was mainly on oil revenue.
To avert the dwindling trend in local content development, he said the Federal Government had placed priority on the development of capacity of local supply claim for effective and efficient service delivery to the oil and gas industry, without compromising standards.
He restated the commitment of the Board towards the promotion, development and implementation of the provisions of the NOGICD Act to enhance local participation in the oil and gas industry.
According to the executive secretary, part of the strategies of achieving set goals was the introduction of the Economic Recovery and Growth Plan (ERGP) by the Federal Government.
He explained that the vision was to steer the country back on track and achieve structural economic change with a more diversified economy, on six key priority sectors, namely agriculture, manufacturing, solid minerals, services, construction, real estate and oil and gas.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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