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NCDMB Warns Against Tinkering With Petroleum Industry Act

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First with the News

NOGOF 2023 Set To Drive Industrialization, Economic Growth In Nigeria’s Oil And Gas Industry – NCDMB

April 20, 2023
in Economy, Top Stories
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NCDMB Warns Against Tinkering With Petroleum Industry Act

NCDMB Executive Secretary, Engr. Simbi Wabote.

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By John Ikani

The Nigerian Content Development and Monitoring Board (NCDMB) is gearing up to hold the fourth edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) 2023.

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The biennial event, which will be held in Bayelsa State on the 18th and 19th of May 2023, aims to promote local content development, maximize the participation of Nigerians in the oil and gas industry, and link the industry to other sectors of the economy.

In a press statement signed by the Board’s Executive Secretary, Engr. Simbi Wabote, the theme for this year’s event is “The Oil and Gas Industry – Catalyst and Fuel for the Industrialization of Nigeria.”

According to him, NOGOF 2023 will showcase opportunities available in the oil and gas industry and foster partnerships that will drive growth and development in the sector.

While noting that this year’s event will extend its reach beyond Nigeria to the entire African continent, Engr. Wabote added that “the oil and gas industry has the potential to catalyse industrialisation and promote economic growth, not just in Nigeria, but across the continent.”

To ensure the success of NOGOF 2023, the NCDMB has prepared a Compendium of Nigerian Content Opportunities in the Oil and Gas Industry 2023, which will be made available to all delegates at the event.

The Compendium will guide the investment strategies of interested parties in the Nigerian oil and gas industry, providing a valuable resource that aligns with the local content requirements of the industry.

Engr. Wabote went on to canvass the support and cooperation of all participants and experts, saying “Our goal is to use NOGOF as a platform to promote the key objectives of the Nigerian Oil and Gas Industry Content Development Act 2010, and drive growth and development across the Nigerian oil and gas value chain.”

The first and second editions of NOGOF were hosted in Akwa Ibom and Bayelsa states, respectively, while the third edition was hosted virtually due to the COVID-19 pandemic.

This year’s event marks the fourth edition of NOGOF, with delegate registration starting on 17 May, followed by a welcome cocktail event on the same day.

Interested stakeholders are advised to visit the dedicated NOGOF 2023 website for information on how to get involved in any capacity.

Although the NCDMB has already secured some sponsors and exhibitors, there are still opportunities to be a sponsor and an exhibitor.

Tags: breakingEngr. Simbi WaboteHeritageheritage timesheritagetimesmedialatestnewsNigerian Content Development and Monitoring Board (NCDMB)Nigerian Oil and Gas Opportunity Fair (NOGOF) 2023the heritage timesthtthtafricatop stories
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