shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » 10-Year Strategic Roadmap Increases Content In Oil, Gas Industry – Wabote

10-Year Strategic Roadmap Increases Content In Oil, Gas Industry – Wabote

by Joshua
December 12, 2022
in Oil and Gas

The Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, said the launching of its 10-year Strategy Roadmap is aimed at increasing Nigerian Content in the oil and gas industry to 70 per cent by 2027.

Simbi Kesiye Wabote

Wabote said this in his keynote address at the 11th Nigerian Content Forum (NCF), with the theme “Deepening the Nigerian Content Opportunity in the Decade of the Gas”, in Uyo last week.

He said since the launching of the Strategic Roadmap, the board is proud of the achievements realised in the last five years in spite of the general and specific challenges faced across the oil and gas industry locally and globally.

“We are now midway into the 10-year Strategic Roadmap and we are back here to provide feedback on the journey so far in our quest to deepen Nigerian Content in the Nigerian oil and gas industry.

“Since 2018, our objective has always been to give status report of the various initiatives to industry stakeholders using the annual forum as a key platform.

“We are proud of the achievements realised in the last five years despite the general and specific challenges faced across the oil and gas industry locally and globally.

“It is gratifying that the push for Nigerian Content as envisaged in our 10-year Strategic Roadmap has continued to yield results in the last five years,” he said.

He said that Nigerian Content level in the Nigerian oil and gas industry was 54 per cent based on “our monitoring and evaluation of industry activities which bring the average in the last five years to 44 per cent Nigerian Content level”.

The executive secretary added that out of the 96 initiatives under the strategic roadmap, the board had completed 77 initiatives, largely under the short- and medium-term categories as at November 2022.

In his goodwill message, the Group Managing Director (GMD) of the Nigeria National Petroleum Company (NNPC), Mr Mele Kyari, said NNPC has concluded plans to fix the Trans-Morocco Pipelines from Nigeria across 11 countries for onward transmission to the rest of the world.

Kyari expressed the hope that the investment, when completed, would engender prosperity in Nigeria and other partner countries.

He said that the importance of gas as the major driver of the world energy needs could not be over emphasised, adding that the importance of energy transition is hinged on effective and seamless transformation for efficient utilisation.

Read Also:  NMDPRA Assures Of Stable Fuel Supply In South-South

“Gas resources provide the opportunity to power the global economy in a sustainable manner because gas is the enabler of energy transition.

“That is why we are focusing with our partners to make sure we create the necessary infrastructure to bring gas on the surface, process it and convert it to the value it can give.

“Therefore, in deepening gas utilisation, we decided to focus on in-country utilisation, and that’s critical to us,” Kyari said.

Declaring the event open, Gov. Udom Emmanuel of Akwa Ibom, said the theme of the conference is apt because it draws attention to gas utilisation while fostering the growth of Nigerian Content Implementation within the energy industry.

Emmanuel, who was represented by the Deputy Governor, Mr Moses Ekpo, said since there had been global shift from fossil fuel to renewable energies, industry players in the country have to continually engage in discussions to ensure that the country is ready for this transition.

“The theme of this year’s meeting draws attention to gas utilization, while fostering the growth of Nigerian Content Implementation within the energy industry.

“It will also help in assessing our commitment as a nation to contribute to the development of the petroleum and energy industry,” Emmanuel said.

Emmanuel said that State Government is making concerted efforts in promoting local content in industrialisation drive which has led to massive training of indigenes outside the country to enable them manage critical operations in Aviation, Health, and Manufacturing.

shippingposition

Kindly like us on Facebook/twitter


Tags: Wabote

Related Posts

Nigeria Bounces Back, Emerges As Africa’s Highest Crude Oil Producer For November 2022

Nigeria Bounces Back, Emerges As Africa’s Highest Crude Oil Producer For November 2022

December 19, 2022
Fuel Scarcity: Marketers Kick Against NNPCL Import Monopoly

Fuel Scarcity: Marketers Kick Against NNPCL Import Monopoly

December 19, 2022
Financial Constraints Threaten Non-Oil Exports In Nigeria

Financial Constraints Threaten Non-Oil Exports In Nigeria

December 19, 2022
Don’t Embark On Strike Over Fuel Scarcity — IPMAN Appeals To Members

Don’t Embark On Strike Over Fuel Scarcity — IPMAN Appeals To Members

December 19, 2022

Latest News

LASWA Trains School Children in Riverine Public Schools in Epe Swimming Lessons 

LASWA Trains School Children in Riverine Public Schools in Epe Swimming Lessons 

January 30, 2023

QUESTION OF THE WEEK: What is “Shipped On Board” in Logistics?

SHIP TALK: Different Types Of Bill Of Lading

Shipping Company Sentenced in MARPOL Violation Case, Engineer Acquitted

INCREDIBLE: Boy Ends up Accidentally Traveling 1600NM in a Locked Shipping Container

Minister Hails Military’s Fight Against Piracy In Gulf Of Guinea

U.S. Naval Commander Attributes Drop In Piracy To Obangame Exercises

Here’s Welcoming Lekki Deep Seaport

Do you think the Federal Government is sincere about the CVFF disbursement?

BREAKING: President Buhari Commissions Dala Inland Dry Port

VESSELS EXPECTED AT LAGOS PORTS AS AT 30TH JANUARY, 2023.

Despite Commissioning, Infrastructure Deficits Delay Actual Commercial Operations At Lekki Port By Months  

kindly like our Facebook page

Health

Unhealthy Environment Causes 12.6m Deaths Worldwide, WHO Says
Health

Unhealthy Environment Causes 12.6m Deaths Worldwide, WHO Says

December 19, 2022

The World Health Organisation has said that the number of people estimated to have died as a result of living...

Health Benefits And Side Effects Of Bitter Leaf

Health Benefits And Side Effects Of Bitter Leaf

December 12, 2022
More Women May Die During Childbirth In West Africa — Report

More Women May Die During Childbirth In West Africa — Report

December 12, 2022
The Many Wonderful Uses Of Onions

The Many Wonderful Uses Of Onions

December 5, 2022
Nigeria Yet To Achieve 70% COVID-19 Immunisation Coverage, Says NPHCDA

Nigeria Yet To Achieve 70% COVID-19 Immunisation Coverage, Says NPHCDA

December 5, 2022
COVID-19 Cases Increasing, Continue With Preventive Measures — UITH-ARD Warns

COVID-19 Cases Increasing, Continue With Preventive Measures — UITH-ARD Warns

December 5, 2022
Panic As Monkeypox Spreads To 32 States, Cases Now 604

Panic As Monkeypox Spreads To 32 States, Cases Now 604

November 28, 2022
Over 1bn Youths Risk Hearing Loss From Headphones, Loud Music — Study

Over 1bn Youths Risk Hearing Loss From Headphones, Loud Music — Study

November 28, 2022
Consuming Undercooked Meat May Lead To Tuberculosis — Epidemiologist

Consuming Undercooked Meat May Lead To Tuberculosis — Epidemiologist

November 28, 2022
Infertility Red Flags Men, Women Should Not Ignore – Experts

Infertility Red Flags Men, Women Should Not Ignore – Experts

November 28, 2022

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition