A Review of the Nigerian Energy Industry

Nigerian content generates 30, 000 jobs in three years

Commissioning of the Itut and Abang platforms built by Nigerdock28 April 2013, Yenagoa – Three years after its establishment, the Nigerian Content Development Monitoring Board, NCDMB, says it has generated over 30,000 direct jobs.

Executive Secretary of the board, Engr. Ernest Nwapa disclosed this weekend when the House of Representatives Committee on Local Content visited the board’s headquarters in Yenagoa.

Engr. Nwapa said since the Nigerian Content Law was passed three years ago, the nation oil industry has not been the same again, adding that so many milestones have been achieved.

He lauded the huge support the board had received both from the executive and legislative arms of government which according to him, had boosted its effectiveness in regulating local content development and enforcing compliance of the law by operators in the nation oil and gas sector.

Nigeria, he said, would soon join the league of big industrialized and producing nations when the industrial parks being planned by the board comes on stream.

According to him, a pilot programme on the pipe mill that would be a catalyst for industrialization is already on and thanked the lawmakers for the visit, saying it would provide an opportunity for the committee to have a clearer understanding of what the board is doing.

“It will be difficult for the country to maximize the opportunities inherent in the oil and gas industry, especially as the PIB bill is being awaited without enforcing compliance of the local content law by operators in the oil and gas sector,” he declared.

Commending the committee members for the visiting, he said, “We are always disposed to this committee because this committee was actually set up to ensure that our work is effective and that we succeed in doing what we are doing from the side of the executive.

“We have tremendous support in all manner from this committee.”

In his remark, Chairman of the committee, Hon. Asita O Asita, pointed out that the oversight visit was to enable the committee know how the board was faring and lauded the leadership of the board.

He explained that the Nigerian Content development is a programme that is very close to the heart of the committee and that they want to see Nigeria move from being a completely consuming nation to a producing one.

“We import almost everything and this local content board is the catalyst required to drive manufacturing and participation of Nigerians in the manufacturing sector. So we are satisfied with what we have seen. We wish we had started much earlier,” he said.

Hon Asita assured the board of the committee’s support in ensuring that the construction of its proposed head office building is realized on time so that they can settle down and continue with its good job.
Samuel Oyadongha, Vanguard

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  • Implementation of the Nigerian Content Act has fared fairly okay given the stiffling environment under which the Board has been forced to operate. We believe that given the right atmosphere – government stedfastness and support of the policy, more that 500,000 jobs could have been created during the period.