Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to partner with Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises (DPRP) on the effective implementation of the Local Content Act in the country.
Executive Secretary, NCDMB, Simbi Wabote, disclosed this at the weekend during the DPRP Nigerian Content Sensitization/Awareness Creation Programme, titled,
‘Let’s walk the Nigerian content talk together’, in Lagos.
Wabote said the Dangote Refinery project is expected to close a major gap in the supply of petroleum products in the country, stating that the board considers the project as an important with intent to partner with the company to ensure full implementation of the local content policy.
“We embarked on this journey with the company a long time ago and we are ready to partner with the Dangote Group. Part of what you see to today is part of our efforts to ensure that the company and its contractors comply with the local content policy.”
He described the Local Content Act as the quantum of composite value added to, or created in the Nigerian economy by a systematic development of capacity and capabilities, through the deliberate utilization of Nigerian human, material resources and services in the Nigerian oil and gas industry.
Wabote who was represented by Director, Monitoring and Evaluation, NCDMB, Mr. Akintunde Adelana, said the country recorded loses prior to the enactment of the local content policy, which he noted, came from jobs executed abroad by International Oil Companies (IOCs), operating in the country.
“The narrative then was that nothing can be done in-country.
Plants and modules were fully fabricated offshore without any structure in place to achieve knowledge transfer. Before 2010, we had no active dry-dock facilities.
The few we had were abandoned and left to rot away. Today, we have four active dry docking facilities in Port Harcourt, Onne, and Lagos,” he added.
He said the board’s mandate is to develop local capacity in key areas such as manufacturing and fabrication and promote indigenous ownership of assets and utilization of indigenous assets in oil and gas operations.