x

NNPCL Commits to Boosting Local Content in Nigeria’s Energy Sector

By  Milcah   Tanimu

The Nigerian National Petroleum Company Limited (NNPCL) has reiterated its dedication to enhancing local content development in Nigeria’s energy sector. Speaking at the 13th Practical Nigerian Content (PNC) Forum in Bayelsa State, Group Chief Executive Officer Mallam Mele Kyari, represented by Executive Vice President, Upstream, Udobong Ntia, emphasized the forum’s role in fostering growth and innovation.

Kyari highlighted the transformative impact of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010, which positioned local businesses for global competitiveness. He urged stakeholders to leverage initiatives from the PNC forum to strengthen Nigeria’s oil and gas sector.

Focusing on sustainability, Kyari stressed the importance of empowering local firms, adopting advanced technologies, and building partnerships. He referenced the 2024 Presidential Directive on Local Content Compliance, underscoring the Federal Government’s commitment to prioritizing local content as part of its national strategy.

This year’s forum, themed *“Defining the Next Frontier for Nigerian Content Implementation,”* brought together key industry stakeholders, including government officials and energy leaders, to explore strategies for advancing local content.

Kyari outlined NNPCL’s initiatives, including the restructuring of NNPC Exploration and Production Ltd (NEPL) and the evolution of NNPC Engineering and Technical Company (NETCO) into a full-scale engineering firm. He encouraged participants to collaborate, share ideas, and drive Nigeria toward energy self-sufficiency.

The forum, hosted by the Nigerian Content Development and Monitoring Board (NCDMB), continues to serve as a crucial platform for fostering sustainable growth in Nigeria’s energy sector.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Setting the Record Straight on Nigerian workers in Central Africa Republic

PRESS RELEASE In a recent viral video, six Nigerians in...

Fulani terrorist leader ”Ɗari biyar ta fi Bahaushe” neutralized – Security sources

…Masterminder of murder of over 300 innocent souls, while...

Bayelsa U15 Athletics Meet Showcases Rising Stars for National Youth Games

Amgbare Ekaunkumo, Yenagoa   Over 200 young athletes from across Bayelsa...

Diri Calls for Tech-Driven Education, Pledges Housing for UniPort Staff

Amgbare Ekaunkumo, Yenagoa   Bayelsa State Governor, Senator Douye Diri, has...

Outcry as woman buried with 8 months pregnancy in Kaduna

By Achadu Gabriel, Kaduna Barely one week later, tongues are...

Senate approved $21.8bn loan: Mortgaging Nigeria’s future for its present

By Patrick Wemambu Variously described as ludicrous, escalating and unsustainable,...

Chinese Embassy Probes Alleged Abandonment of Nigerian Miners in CAR

The Chinese Embassy in Nigeria has launched an investigation...

APC’s Future Bright Under Nentawe’s Leadership — Daduut

By Israel Adamu, Jos Senator Nora Ladi Daduut has congratulated...
spot_img

Related Articles

Popular Categories

spot_imgspot_img