Tuesday, October 7, 2025
23.3 C
Lagos

NCDMB Co-Chair, Ekpo, Meets ES, Pledges Support for Local Content Programmes

L-R: The newly appointed Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo with the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe at a recent meeting.

The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe.

The meeting provided an opportunity for the Executive Secretary and the Board’s top management to brief the Minister on the agency’s mandate, activities and initiatives.

The presentation dwelt extensively on the Board’s third-party investments, over 60% of which are gas based. The NCDMB team informed the minister that the investments are in furtherance of the Federal Government’s plan to power the Nigerian economy with gas resources as well as the provisions of the Nigerian Oil and Gas Industry Content Development Act.

In his remarks, the Minister commended the Board for investing in worthy third-party projects, which have helped to create jobs and deepen local content, with some beginning to yield return on investments. He pledged his commitment to support NCDMB to achieve its mandate, which is key to meeting the economic aspirations of President Bola Ahmed Tinubu’s administration.

He stressed that due process must be followed in carrying out the operations of the Board, in line with the instructions and example set by Mr. President.

He also promised to visit the Board’s third-party projects as well as the beneficiaries of the Nigerian Content Intervention Fund, especially the projects that focus specifically on gas.

The Co-Chair of the NCDMB’s Governing Council also commended the Board for its strategic role in approving the Nigeria LNG Train 7 project, noting that the project had brought a lot of benefits to the Nigerian economy.

Some of the senior management of the Board at the meeting included the Director Monitoring and Evaluation, Mr. Abdulmalik Halilu, Director, Projects Certification and Authorization, Engr. Abayomi Bamidele, Acting Director Legal Services, Mr. Naboth Onyesoh, Esq and Acting Director Finance and Personnel Management, Mr. Ifeanyi Ukoha.

The appointment of Hon. Ekpo as the Co-Chair of the Governing Council of the NCDMB had been approved by Mr. President in mid-April, and announced publicly on Thursday via a statement by the Special Adviser Media & Publicity to the President, Chief Ajuri Ngelale.

spot_img
spot_img
spot_img

Hot this week

Ecobank Nigeria Launches Upgraded Mobile App for Faster, Smarter Banking Experience

Ecobank Nigeria, a subsidiary of the leading pan-African banking...

Ortom, NOA DG, Others to Feature as Panelists at GOCOP 2025 Conference

The Guild of Corporate Online Publishers (GOCOP) has announced...

AIICO Celebrates Retiring Employees: Honouring Decades of Service with Gratitude

Left - right: Adeleke Adeshina (rtd), Lanre Oladehinde (rtd.),...

Nigeria’s Banking Woes: How One South African Bank Outvalues an Entire Industry

It is a sobering reality that one South African...

Topics

NCC at 18th Nigerian Guild of Editors Conference, Owerri 2022

L-R: Mrs. Nnenna Ukoha, Head, Corporate Communication, Nigerian Communications Commission...

Adeosun: FG Committed to Infrastructure Development

The Minister of Finance, Mrs. Kemi Adeosun has told...

NAIPCO 2022 Confab: The Importance of SMEs in Micro Insurance, Pension

As the November 3, 2022 date for the Annual National Conference...

Polaris Bank, Eventful to Showcase Nigeria’s Vibrant Fashion Industry at 2023 Souk

Polaris Bank, a leading Digital Retail Bank, is partnering...

Mutual Benefits Assurance Celebrates 27th Annual Thanksgiving Service

Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc and...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

Samsung Plans $1.2bn Investment in IoT Tech

Samsung Electronics has announced plans to spend $1.2 billion...

Study: 61 US Cities’ Retirement Systems Face $217bn Gap

Sixty-one key cities across America have emerged from the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img