Oil & Energy
NCDBInaugurates Sectorial Committees
In an effort to generate ideas
for content development in Nigeria’s oil and gas industry, the Nigerian Content Development Monitoring Board (NCDB) has inaugurated ten sectorial committees.
The committees include fabrication; finance; Insurance and legal services, shipping and logistics, Education and training; petroleum technology and multinationals.
Others are, Materials and Manufacturing; Information and Communication Technology; Engineering and Essential Services, which covers Medical. Services, Health, Safety and Environmental, Catering and Hospitality.
The Executive Secretary of the board, Mr. Ernest Nwapa, while inaugurating the committees in Abuja last week said they were set up under section 57 of the Nigerian Content Act.
He noted that the objective of constituting the content consultative forum committees is to provide a platform for information sharing on upcoming projects and local capabilities.
According to the Executive Secretary, the various committees would also be expected to articulate and recommend strategies for developing Nigerian content, and urged members not to use the forum for unhealthy debate.
Nwapa emphasised that the committees would only be effective of the various groups, initiate policies that would benefit the generality of the members.
He stressed that the present administration listens to messages that are intended to benefit the entire group and not one or two persons and charged them to make useful inputs that could proffer solutions to move the system forward.
The Nigerian Content Development boss expressed joy over laudable progress recorded with the implementation of the Nigerian Content Act over the past four years and stated that some challenges had been thrown up thereby necessitate the need to tap ideas from stakeholders through the committees.
He further said that Nigerian content had been positioned to make they inputs into government’s policies and advised stakeholders to harness and utilize the opportunity appropriately.
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Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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