By Chioma Iruke
Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has affirmed that the Board has built innovative systems that is promoting Local Content in the nation’s Oil and Gas sector.
The ES disclosed this on Thursday in Abuja while speaking at the ongoing One-Day Workshop on “The NCDMB Roadmap, a Catalyst for the Industrialization of Nigeria 2017-2027” organized by the Reform Coordination & Service Improvement Department of the Ministry of Petroleum Resources at the Nigerian National Petroleum Corporation (NNPC) Towers.
While giving an overview of the Board’s Mandate, Journey so far achievements and challenges, Wabote noted that before the Act which saw the establishment of the NCDMB and the promotion of Local Content as a priority, “Nigeria spent $380 billion on Capital flight (est.), recorded about 2 million jobs losses and less than 5% in-country value addition in the oil and gas industry.”
He listed the various tools used by the Board in managing their activities and operations in the industry as: “Nigerian Oil and Gas Industry Content Joint Qualifications system (NOGICJQs), Nigerian Content Plan (Certificate of Authorization), Nigerian Content Compliance Certificate (NCCC), Nigerian Content Equipment Certificate (NCEC), Expat Quota Administration and Compliance and Performance Monitoring, Litigation and Prosecution.”
The workshop was attended by the Permanent Secretary, Ministry of Petroleum Resources, Nasir Sani Gwarzo, Directors and other staff of the Ministry.
Engr. Wabote was accompanied by the Director, Planning Research & Statistics, NCDMB, Mr. Patrick Daziba Obah, General Manager, Strategy and Transformation Projects, NCDMB, Engr. Abayomi Bamidele and other staff of the Board.