The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has said since the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD Act) in 2010, the country has recorded significant achievements in the oil sector.
These include, “The creation of over 30,000 direct jobs, over 15 million training man hours, award of over 90% of contracts to Nigerian-owned businesses, utilization of the expatriate management system to ensure 80% of oil companies’ management positions are held by Nigerians.
Speaking during the 2024 Namibia Oil and Gas Conference at Windhoek, Namibia, Ogbe represented by the General Manager, Corporate Communications and Zonal Coordination of NCDMB, Esueme Dan Kikile, explained that the growth of successful indigenous operators, who are now responsible for the production of more than 60% of Nigeria’s domestic gas requirements and over 15% of crude oil production, are part of the successes of NOGICD Act.
Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.
