Oil & Energy

NCDMB Targets 70% Local Content Policy Implementation By 2027

Published

1 year ago

February 10, 2025

The Nigerian Content Development and Monitoring Board (NCDMB) has expressed hopes that a 70 per cent local content policy implementation in the execution of projects and programmes in the nation’s oil and gas industry will be achieved in the next two years, 2027.
At the moment, the country has been able to achieve a 56 per cent implementation, being one of the major gains of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010.
The Executive Secretary, NCDMB, Felix Omatsola Ogbe, made the remark during an interactive session with the visiting team of ranking military officers from the Nigerian Army Resource Centre (NARC), at the NCDMB Corporate Headquarters, Yenagoa, Bayelsa State, Last Thursday.
Represented by the Director, Corporate Services and Capacity Building, Dr. Ama Ikuru, Ogbe observed that the Nigerian Army had raised the bar in research and development as well as local content, in relation to human capital development and local manufacturing of some components used in military operations.
According to him, the earlier phase was marked by capital flight amounting to an estimated US$380 billion, loss of two million jobs as a result of human capital deficits, and less than five per cent in local content.
He said upon the enactment of the NOGICD Act, there has been a phenomenal development of in-country capacity and capabilities as a result of creative enforcement and monitoring of industry operations as well as strategic interventions by the NCDMB.
Ogbe declared that the NCDMB aimed to ensure that equipment and tools as well as services required for oil and gas operations are made and procured in Nigeria.
“We take research and development seriously”, he noted, citing the centres of excellence established, equipped and funded by the Board in the six universities, one in the six geopolitical zones of the country.
While conducting the guests, which comprised officers between the ranks of Lieutenant Colonel and General currently undergoing an 11-month leadership and strategic course 3/2024 and on local study tour round different sections and facilities of the board, Ogbe took the team through the board’s Technology Innovation and Incubation Centre (TIIC), underscoring the success story in aiding individuals with innovative ideas and facilitating technology adaptation and process improvement.
In further elaboration of the board’s activities and engagements, the Director, Monitoring and Evaluation, Alhaji Abdulmalik Halilu, noted that there was a history of “mutually beneficial partnership between the army and the NCDMB”, citing the involvement of the board’s personnel as resource persons at the Nigerian Defence Academy, Kaduna.
According to him, “It is good the military sees NCDMB as a partner”.
In his remarks, the General Manager, Corporate Communications and Zonal Coordination, Esueme Dan Kikile, said the visit of the military officers afforded the board and guests a useful platform for interaction and knowledge sharing, urging the guests to tell the success story of the NCDMB everywhere.
Team leader for the military officers, Major General Abubakar A. Tarfa (rtd), explained that the local study tour was part of an 11-month course revealing that members of the team were made up of professionals in diverse fields including engineering, medicine, nursing, and administration.
He said the course was designed to prepare participants for higher responsibilities, adding that the tour would provide necessary exposure to having the officers acquainted with the NCDMB and its role and monitoring programmes that “ensures steady growth in local content in the oil and gas industry”.
Tarfa explained that there is a relationship between leadership, strategy and national security, insisting that the training and associated activities underline such realities.
He said, “military assistance to civil authority for oil production in the Niger Delta toward national development” was a major motivating factor in their study tour of the state.
Speaking on behalf of participants, Lt. Col. Juliet Aziekwu expressed appreciation for the interactive session, saying “We are better informed about the NCDMB and its role, we’ll put the knowledge into use”.
Earlier in his opening remarks, the Deputy Manager, Corporate Communications and Zonal Coordination, Dr. Obinna Ezeobi, noted that “there is a nexus between what the military officers were in the state to do and what the NCDMB does, that is, capacity building”.

Oil & Energy

Take Concrete Action To Boost Oil Production, FG Tells IOCs

Published

5 days ago

February 9, 2026

The Tide

The Federal Government has called on urged International Oil Companies (IOCs) operating in Nigeria to take concrete steps to ramp up crude oil production, following the country’s ambitious target of reaching 2.5 million barrels per day by 2027.

Speaking at the close of a panel session at the just concluded 2026 Nigerian International Energy Summit, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said the government had created an enabling environment for oil companies to operate effectively.

Lokpobiri stressed that the performance of the petroleum industry is fundamentally tied to the success of upstream operators, noting that the Nigerian economy remains largely dependent on foreign exchange earnings from the sector.

According to him, “I have always maintained that the success of the oil and gas industry is largely dependent on the success of the upstream. From upstream to midstream and downstream, everything is connected. If we do not produce crude oil, there will be nothing to refine and nothing to distribute. Therefore, the success of the petroleum sector begins with the success of the upstream.

“I am also happy with the team I have had the privilege to work with, a community of committed professionals. From the government’s standpoint, it is important to state clearly that there is no discrimination between indigenous producers and other operators.

“You are all companies operating in the same Nigerian space, under the same law. The Petroleum Industry Act (PIA) does not differentiate between local and foreign companies. While you may operate at different scales, you are governed by the same regulations. Our expectation, therefore, is that we will continue to work together, collaborate, and strengthen the upstream sector for the benefit of all Nigerians.”

The minister pledged the federal government’s continued efforts to sustain its support for the industry through reforms, tax incentives and regulatory adjustments aimed at unlocking the sector’s full potential.

“We have provided extensive incentives to unlock the sector’s potential through reforms, tax reliefs and regulatory changes. The question now is: what will you do in return? The government has given a lot.

Now is the time for industry players to reciprocate by investing, producing and delivering results,” he said.

Lokpobiri added that Nigeria’s success in the upstream sector would have positive spillover effects across Africa, while failure would negatively impact the continent’s midstream and downstream segments.

“We have talked enough. This is the time to take concrete actions that will deliver measurable results and transform this industry,” he stated.

It would be noted that Nigeria’s daily average oil production stood at about 1.6 million barrels per day in 2025, a significant shortfall from the budget benchmark of 2.06 million barrels per day.

Oil & Energy

Host Comm.Development: NUPRC Commits To Enforce PIA 2021

Published

5 days ago

February 9, 2026

The Tide

The Chief Executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has restated the commission’s commitment to ensuring oil companies comply with the Petroleum Industry Act (PIA) 2021 to promote sustainable development in host communities.

Eyesan made the remark at a Sensitization Programme in Owerri, Imo State, explained that the PIA 2021 mandates oil companies to contribute 3% of their annual operating costs to Host Communities Development Trusts (HCDTs) for community development projects.

Represented by Atama Daniel, Eyeso said “The funds will be used for education, healthcare, infrastructure, and economic empowerment”.

Eyesan assured that the commission would facilitate a smooth implementation process and ensure compliance by oil companies.

She, however, urged oil-producing communities to protect oil facilities in their areas as well as stop all illegal oil exploration activities within their communities.

The chief executive also disclosed that NUPRC has established Alternative Dispute Resolution Centres to resolve disputes between oil companies and host communities.

Earlier, the National President, HOSTCOM, Dr. Benjamin Tamarenebi, advised the host communities to always embark on sustainable development projects rather than frivolous projects.

He warned traditional rulers against bidding for contracts for execution of projects approved for their communities in line with the provisions of the Petroleum Industry Act.”

Tamarenebi noted that monarchs, as heads of Host Communities Board of Trustees, have the responsibility of supervising the awarding and execution of projects approved for the communities and ensuring accountability, adding that awarding contracts to themselves will lead to compromise.

He disclosed that funds disbursed to the communities are now higher than before and urged the communities to take good advantage of it.

“They can build schools and other sustainable projects and think of something that will always be a more economical variable in the community; if this is done there would be economic activities and development. In order not to waste the funds, manpower, train your children with the funds, give them scholarships instead of buying vehicles or renting apartments in the city”, he said.

In his remarks, the Deputy Executive Director, Environmental Defenders Network (EDEN), Johnson Abiye, urged regulators to ensure smooth implementation of the Petroleum Industry Act as it relates to the oil producing communities.

Abiye noted that many communities that were supposed to be part of HOSTCOM were omitted and called for the situation to be redressed.

Oil & Energy

PETROAN Cautions On Risks Of P’Harcourt Refinery Shutdown

Published

5 days ago

February 9, 2026

The Tide

The Petroleum Products Retail Outlets Owners Association (PETROAN) has expressed fears of rust, corrosion, abandonment, lack of lubrication, and eventual destruction of installed equipment at the PortHarcourt Refinery due to continued Shutdown.

PETROAN said it would also result in rendering the entire revamp effort futile if urgent action is not taken.

The Public Relations Officer and Spokesperson of the Association, Dr. Joseph Obele, in a statement, noted that over $1.5 billion of public funds were reportedly expended on the rehabilitation of the Port Harcourt Refinery, which was reopened in November 2024 and shut down again in May 2025 due to alleged financial losses.

Speaking on the sidelines of the recent remarks credited to the Group Chief Executive Officer of NNPC Limited, Engr. Bayo Ojulari, in which he described the re-operationalisation of the Port Harcourt Refinery and Petrochemical Company as a ‘waste of resources’ and admitted that NNPC lacks the capacity to operate refineries profitably, Obele expressed disappointment, describing the statement as troubling, demoralising, and deeply disturbing, and raising fundamental questions about institutional responsibility, governance, and the stewardship of public resources.

With the huge funds already spent on the rehabilitation process, Obele stated

therefore, that for the GCEO of NNPC to dismiss the entire exercise as a waste of resources, without clear attribution of responsibility, performance audits, or accountability measures, is unacceptable to Nigerians.

“If NNPC truly lacks the capacity to run refineries profitably, as admitted by its own GCEO, then Nigerians deserve to know who advised the investment, who supervised the rehabilitation, who certified the restart, and who benefited from the contracts and operations.

“Public institutions cannot casually dismiss a multi-billion-dollar national asset as a mistake without consequences”, he said.

The PETROAN spokesperson also faulted the narrative by Ojulari that Nigerians should be “thankful” solely because of the success of the Dangote Refinery.

While acknowledging the strategic importance and commendable achievement of the privately owned refinery, he stressed that private investments cannot replace the constitutional and economic obligation of government to efficiently manage public assets.

“Dangote Refinery is a private investment driven by profit and efficiency. NNPC, on the other hand, holds national assets in trust for Nigerians. One cannot be used as an excuse for the failure of the other,” Dr. Obele emphasized.

The energy expert further warned that repeated public admissions of incompetence by NNPC leadership risk eroding investor confidence, weakening Nigeria’s energy security framework, and undermining years of policy efforts aimed at domestic refining, price stability, and job creation.

He described as most worrisome the assertion that there is no urgency to restart the Port Harcourt Refinery because the Dangote Refinery is currently meeting Nigeria’s petroleum needs.

“Such a statement is annoying, unacceptable, and indicative of leadership that is not solution-centric,” he said.

The PETROAN National PRO reiterated that Nigeria cannot continue to normalise waste, institutional failure, and retrospective justification of poor decisions stressing that admitting failure is only meaningful when followed by accountability, reforms, and a clear, credible plan to prevent recurrence.

By: Lady Godknows Ogbulu