Majorwaves Energy Report September edition

Page 12

LOCAL CONTENT

NCDMB‘ve laid foundations for 10-Year Roadmap-Wabote… to collaborate with N/Assembly on NC Act Amendment

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h e Ni g e r i a n C o nte nt Development and Monitoring Board (NCDMB) have put fundamentals in place for the attainment of the Nigerian Content 10Year Roadmap, which would enable the nation to start reaping the full benefits of its oil and gas resources, with clear linkage to other sectors of the economy. The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote stated this recently in Abuja at the Quarter 3 Media Engagement organized to inform stakeholders about its activities and achievements. Listing the Board’s accomplishments under his two and half year tenure, Wabote stated that “one of the first framework we put resources into was in the development of Nigerian Content 10-Year Strategic Roadmap. The roadmap documents the short, medium, and long-term targets to increase Nigerian Content performance from 28% to 70% by 2027.

The key rewards from the implementation of the 10-year roadmap are the creation of 300,000 jobs from industry activities and the retention of US$14bn in-country

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Majorwaves Energy Report

out of the US$20bn annual industry spend.” He noted further that ”the 10-yearroadmap has five pillars namely: Technical Capability Development, Compliance and Enforcement, Enabling Business Environment, Organisation Capability and Sectorial and Regional Market Linkage. It has four enablers, na mely F und i ng, Reg u lator y Environment, Collaboration and Stakeholders Engagement and Research and Development.” On the Technical Capability pillar, Wabote said the Board ”moved the Nigerian Oil and Gas Park Scheme (NOGAPS) from mere plans on paper to actual construction in two pilot locations – Odukpani in Cross River and Emeyal 1 in Ogbia Local Government of Bayelsa State. Each of the parks will create employment for 2000 persons when they are fully operational and will spur manufacturing of critical oil and gas equipment, tools and spare parts close to oil fields.” He noted that the Board is spearheading the Project 100 Initiative and 60 oil and gas start-ups have been identified and the Board is sponsoring the deployment of special interventions for their incubation, maturation and

SEPTEMBER 2019, Vol 2 No 6

growth into world class service companies. This intervention would include capacity building, funding and access to market, he said. He further confirmed that the Board has also commenced International Certification program for 20 marine personnel. ”The cadets are already on board foreign vessels and would stay for 12 months, which would qualify them to be awarded the Certificate of Competence (COC), with which they can work in the Nigerian waters and overseas. The program will address the deficit of trained cadets in the maritime and oil and gas industries and reduce the dependence on foreign personnel in the marine operations.” The Executive Secretary also reported the Board’s provision of equity investment to catalyze the establishment of 5,000barrels per day modular refinery by Waltersmith Refining & Petrochemical Company Limited in Ibigwe, Imo State and in the 12,000barrels per day Hydroskimming Modular refinery by Azikel Petroleum Limited at Obunagha, Gbarain, Bayelsa State. ”The Waltersmith refinery is on track for completion in May 2020 while the Azikel Refinery would be completed in 2021. We expect about 300,000 liters of diesel daily in addition to various volumes of naphtha, kerosene, www.majorwavesenergyreport.com


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