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First with the News

Nigeria’s Simbi Wabote To Chair African Energy Week’s Local Content Summit

July 20, 2023
in Economy, Top Stories
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Nigeria: NCDMB Discredits Misleading Report Regarding Shell, Other Multinational Oil Companies In Nigeria

NCDMB Executive Secretary, Engr. Simbi Wabote.

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By John Ikani

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote will be the esteemed chair of the African Local Content and Entrepreneurship Summit during the prestigious African Energy Week (AEW) 2023.

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The event scheduled to run from October 16-20, 2023 will be held at Cape Town, South Africa

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With a wealth of experience spanning over two decades in international, multinational, and national business environments, Engr. Wabote has earned the reputation of a change agent, adept in strategic business models, engineering, supply chain management, and stakeholder engagement.

Notably recognized for his significant contributions to Nigeria’s oil and gas industry, especially in the realm of local content development, Engr. Wabote’s expertise makes him the perfect choice to lead the African Local Content and Entrepreneurship Summit at AEW.

His presence will undoubtedly drive engaging discussions, foster collaboration, and shape strategies that bolster the growth of local content and entrepreneurship within Africa’s energy sector.

Having previously served as Shell C&P’s Global Local Content Manager, Engr. Wabote’s experience in developing and implementing local content strategies in upstream and downstream operations sets the stage for comprehensive discussions during the summit.

Under his guidance, local procurement strategies were successfully executed, local and international partnership frameworks were established, cross-functional teams were managed, and global supply chains were aligned with local ones in multiple countries, including Nigeria, Gabon, Brunei, Oman, Kazakhstan, Australia, Iraq, Qatar, Jordan, the Americas, the U.S., and new frontier countries for Shell.

Recently, the NCDMB and Senegal’s National Content Monitoring Committee have joined forces by signing a Memorandum of Understanding (MoU) in a significant move to promote local content growth.

The collaboration focuses on crucial aspects such as energy law development, workforce and skills training, and data collection.

The overarching goal of the partnership is to ensure that Senegal maximizes the advantages of its oil and gas reserves while tackling industry challenges and capitalizing on emerging opportunities.

Such cooperation promises to yield substantial benefits for both nations and contribute to the sustainable growth of local content and entrepreneurship in Africa’s energy sector.

Anticipation is high for the African Local Content and Entrepreneurship Summit during AEW, where participants can expect dynamic discussions addressing the challenges and opportunities within Africa’s energy sector.

The summit, a key highlight of AEW, aims to foster growth, job creation, and economic empowerment across the continent by unlocking crucial economic opportunities and driving overall development.

The expected outcomes of the summit hold the potential to create lasting impacts, promoting sustainable growth and advancing the cause of local content and entrepreneurship in Africa’s thriving energy sector.

Tags: African Energy Week (AEW) 2023breakingEngr. Simbi WaboteHeritageheritage timesheritagetimesmediahtlatestnewsNigerian Content Development and Monitoring Board (NCDMB)the heritage timesthehtafricathtthtafricatop stories
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