Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Zimbabwe’s President Mnangagwa signs law extending presidency to 2030

July 8, 2026

US launches ​strikes against Iran after attacks on vessels in strait ​of ​Hormuz

July 8, 2026

Tinubu Inaugurates Panel to Draft National Policing Bill for State Police

July 8, 2026
Facebook X (Twitter) Instagram
Trending
  • Zimbabwe’s President Mnangagwa signs law extending presidency to 2030
  • US launches ​strikes against Iran after attacks on vessels in strait ​of ​Hormuz
  • Tinubu Inaugurates Panel to Draft National Policing Bill for State Police
  • Argentina stage stunning late comeback to beat Egypt in World Cup last 16
  • Tinubu Orders ICPC Probe into Alleged Fake Presidential Council, Gives 30-Day Deadline
  • NDDC Strengthens Anti-Corruption, Transparency Unit
  • NCDMB, NUPRC, NMDRA, Others, to Conduct Joint Industry Capacity Audits
  • Dangote Confirms Lamu, Kenya For East Africa Mega-refinery
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Oil & Gas»NCDMB, NUPRC, NMDRA, Others, to Conduct Joint Industry Capacity Audits
Oil & Gas

NCDMB, NUPRC, NMDRA, Others, to Conduct Joint Industry Capacity Audits

VardiafricaBy VardiafricaJuly 7, 2026Updated:July 7, 2026No Comments3 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Nigerian Content Development and Monitoring Board (NCDMB), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), as well as the Nigerian Petroleum Exchange (NIPEX) and the Oil Producers Trade Section (OPTS), comprising all international oil companies, have jointly developed a framework to harmonise the grading system for ranking various in-country capacities and capabilities.

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, made the disclosure on Monday in Abuja at the 25th Edition of the Nigeria Oil and Gas (NOG) Week, where he also listed capacity expansion, industrialisation, manufacturing, sustainability, and global competitiveness as chief focus of the next phase of local content growth, marking a strategic progression beyond preoccupation with indigenous participation and compliance.

The earlier phase, corresponding to the first 15 years of implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010, witnessed the phenomenal surge of indigenous participation from marginal levels of less than 5 per cent to 61 per cent, with Nigerians now owners and managers of critical operational assets, providing services, executing projects, and contributing significantly across the oil and gas value chain.

In a keynote address the NCDMB boss, represented by the Director, Capacity Building Directorate (CBD), Engr. Abayomi Bamidele, declared that Nigeria’s energy sector now has the capacity to support a vibrant manufacturing ecosystem, and that many local manufacturers are faced with difficulties associated with limited market access, technology gaps, and financing constraints.

He pointed out that addressing the challenges “requires strategic collaboration among regulators, operators, service companies, financial institutions, and manufacturers,” and noted that within the regulatory and business environment of the Nigerian oil and gas industry, there is potential for robust collaboration on the back of the Presidential Directives on Local Content Compliance Requirements.

He explained that under the Harmonisation Road Map drawn up by the oil and gas industry regulatory agencies in concert with the OPTS, the next key action is to commence modification of their various certification portals in readiness for joint industry capacity audits of in-country manufacturers and service providers operating within the oil and gas industry. The outcome of the audit will provide a detailed understanding of existing capabilities, eliminate intermediaries, improve contracting cycle timelines, and ensure direct patronage of established service providers for business sustainability and growth.

The capacity audit, he emphasised, would aid in identifying service providers able to support major capital projects such as the seven Deepwater Projects, while the industry through the Harmonisation Framework has adopted five classes of service providers, which recognizes new entrants into the oil and gas industry that require support in one form or the other.

 According to him, “Class 4 and Class 5 of the Framework tagged ‘Emerging Players’ and ‘Essential Vendors’ [respectively] will form the foundation for a robust vendor development programme designed to support the evolution of such service providers into manufacturers and original equipment manufacturers.” He expects the joint industry capacity audit to commence within this third quarter.

“As we look ahead,” he stated, “I believe that the next phase of local content development should be guided by three strategic priorities.” The first of the three is competence, that is, continuous investment in human capital, technology transfer, innovation, and technical excellence to ensure Nigerian companies can deliver at global standards.

For the second priority, namely, capacity expansion, he said, “We must move deliberately towards manufacturing, industrialization, and the development of scalable productive assets. For collaboration, the third priority, he said industry operators, service companies, government agencies, financial institutions, original equipment manufacturers (OEMs) and research institutions must work together to build sustainable industrial ecosystems.  

On recent initiatives on capacity building by the Board, the Executive Secretary, highlighted the release of the Nigerian Content Equipment Certificate (NCEC) Application Guidance Notes to provide clarity on requirements to secure approval of applications, the Field Readiness Training Programme, which focuses on top-10 high-demand areas, the Nigerian Content Trainers Registration Certificate (NCTRC), Back-to-the-Creek Initiative, and the Cradle-to-Career Academic Excellence Recognition and Advancement Programme. The NOG Energy Week 2026, as the Executive Secretary explained, is dedicated to providing further clarity to oil and gas industry stakeholders on the provisions of the NOGICD Act, the Board’s processes

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

NDDC Strengthens Anti-Corruption, Transparency Unit

July 7, 2026

Nigeria becomes first OPEC member to join IEA as associate member

July 7, 2026

NCDMB Intensifies Drive for Community Inclusion in Oil and Gas Sector through Community Content Guideline Workshop

July 7, 2026

Leave A Reply Cancel Reply

Top Posts

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025303

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202497

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202453

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202551
Don't Miss
Africa
Africa By VardiafricaJuly 8, 20262 Mins Read3

Zimbabwe’s President Mnangagwa signs law extending presidency to 2030

By VardiafricaJuly 8, 20263 Africa Updated:July 8, 202602 Mins Read

Zimbabwean President Emmerson Mnangagwa has signed into law constitutional changes extending his time in office…

US launches ​strikes against Iran after attacks on vessels in strait ​of ​Hormuz

July 8, 2026

Tinubu Inaugurates Panel to Draft National Policing Bill for State Police

July 8, 2026

Argentina stage stunning late comeback to beat Egypt in World Cup last 16

July 8, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: [email protected]
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Zimbabwe’s President Mnangagwa signs law extending presidency to 2030

July 8, 2026

US launches ​strikes against Iran after attacks on vessels in strait ​of ​Hormuz

July 8, 2026

Tinubu Inaugurates Panel to Draft National Policing Bill for State Police

July 8, 2026
Most Popular

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025303

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202497

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202453

Type above and press Enter to search. Press Esc to cancel.