x

Ogbe’s Appo Role Boosts Africa’s Energy Future

Amgbare Ekaunkumo, Yenagoa 

 In a major boost for Africa’s oil and gas industry, Engr. Felix Omatsola Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), has been appointed to the Executive Board of the African Petroleum Producers’ Organization (APPO).

 The appointment, announced via a letter from Mrs. Philomena Ikoko, APPO’s Director of Support Services, on behalf of Secretary General Dr. Omar Farouk Ibrahim, was facilitated by Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources (Oil) and NCDMB Governing Council Chairman.

Dr. Ibrahim praised Ogbe’s expertise, stating, “Your leadership is critical at this pivotal moment for Africa’s energy sector. APPO is committed to supporting your success.” As Nigeria’s representative on the 18-member board, Ogbe will drive policies to enhance local participation, secure funding, and reduce reliance on foreign financiers, collaborating with key oil-producing nations like Angola, Algeria, and Libya.

Ogbe’s leadership at NCDMB has positioned the agency as a leader in local content development. The African Local Content Roundtable (ALCR), a flagship initiative, has fostered collaboration among African nations, with Nigeria’s local content framework serving as a model for countries like Ghana and Senegal.

 The ALCR has driven dialogue on policies that prioritize indigenous involvement in the oil and gas sector.

A key achievement under Ogbe is the Africa Energy Bank, set to launch in Abuja by June 2025. With Nigeria, Angola, and Ghana contributing 44% of its startup capital, the bank will fund major oil and gas projects, addressing funding gaps that have hindered Africa’s energy growth.

 “This bank will empower African nations to control their energy future,” Ogbe told reporters, highlighting its role in supporting exploration, production, and infrastructure.

Industry insiders are optimistic, with one NCDMB official calling Ogbe’s appointment a “game-changer.” His role on the APPO board is expected to amplify Nigeria’s influence and accelerate Africa’s push for energy independence, positioning the continent as a global energy powerhouse

Hot this week

Gov Mutfwang Visits Attacked Communities in Barkin Ladi LGA of Plateau

By Israel Adamu, JosGovernor of , Barr. , has...

CSO Urges States to Roll Over Uncaptured 2026 Hajj Pilgrims

By Jabiru HassanAn independent faith-based civil society organisation, (IHR),...

Peter Obi Reacts to Edo Incident, Says Experiences of Lawlessness ‘Not New’

Former presidential candidate Peter Obi has said that experiences...

Group decries ‘Sustained political attacks’ on Deputy Speaker Kalu

A civil society organisation, the Igbo Mandate Movement Group,...

Manchester City F.C. & Crystal Palace F.C.: Could They Still Play in Gameweek 31?

As things currently stand, Manchester City and Crystal Palace...

Importance of Institute for Peace and Conflict Resolution(IPCR) to Security Challenges

By Jemimah LamiNigeria’s security environment remains one of...

Ex-CAN Secretary Disputes First Lady’s Comment on Nigeria’s Religious Demographics

A former National Secretary of the Christian Association of...

Mercy Johnson-Okojie and Daughter Purity Lead Girls Tag: Advancing Women’s Empowerment Through Period Care

Across Nigeria, conversations about gender equality and women’s empowerment...

Policie nab child abductor in A’ibom

By Ogenyi Ogenyi,UyoThe Police in Akwa Ibom has arrested...

Bayelsa NUJ Commends Diri’s Appointments, Seeks Urgent Action on Power Supply

The Nigeria Union of Journalists (NUJ), Bayelsa State Council,...

CBN RATE CUT OF 26.5: VOICES, UPSETS AND PROSPECTS

Adefolarin A. OlamilekanArguably, the latest 26.5% Central Bank of...

Related Articles

Popular Categories

spot_imgspot_img