NCDMB’s Felix Ogbe urges an Africa-wide local content framework to boost energy partnerships and economic growth. He highlights AfCFTA as a key opportunity for industrialization.NCDMB’s Felix Ogbe stresses policies, partnerships, and local value retention to unlock Africa’s energy potential. He reaffirms NCDMB’s commitment to collaboration and praises Tinubu’s Executive Orders for boosting oil and gas investments.NCDMB’s Felix Ogbe highlights policies, partnerships, and local value retention as key to Africa’s energy growth. He stresses commitment to capacity building and collaboration. Ogbe also praises Tinubu’s Executive Orders for making Nigeria a top oil and gas investment hub.
NCDMB’s Felix Ogbe highlights Tinubu’s Executive Order, which cut project approval time from 36 to 6 months, boosting investor confidence and securing four FIDs in a year.
He emphasizes local content’s role in job creation and economic growth. NCDMB prioritizes skill development, local manufacturing, and asset ownership, supported by initiatives like the Nigerian Content Intervention Fund (NCIF) for affordable financing.NCDMB’s Felix Ogbe highlights Human Capacity Development programs and Project 100, which train Nigerians and grow indigenous service companies.
The Board is developing seven industrial parks for local manufacturing, set for completion by year-end. Key initiatives include the Nigerian Content Equipment Certificate (NCEC) and the Marine Vessel Categorization Strategy, which boosted indigenous vessel ownership from 8% in 2010 to over 60% today.
