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

NCDMB, Chevron Train 16 Nigerian Youths in Catalyst Processing

My Kumo AmgbareThe Nigerian Content Development and Monitoring Board...

Fire Outbreak Guts 4 Blocks of Flats in Asokoro District

By Joyce Remi-BabayejuA fire outbreak gutted four out of...

Mahmoud Calls on Nigerians to Imbibe the Cultural Patriotism

By Joyce Remi-BabayejuThe FCT Minister of State, Dr. Mariya...

Real Madrid Willing to Listen to Offers for Camavinga, Set €100m Price Tag

Real Madrid are reportedly open to the possibility of...

Why I Don’t Mention the Name of Jesus in My Songs — Shola Allyson Explains

Nigerian singer Shola Allyson has opened up on why...

Groups Demand Probe of Dangote’s Corruption Allegations Against NMDPRA Boss

Civil society organisations have called on the Federal Government...

Kano Cleric Killed While Calling Muslims to Prayer

An elderly Islamic cleric, identified as Ladan Zubairu, was...

US Warns Nigerians Against Visa Fraud

The United States Embassy in Abuja has warned Nigerians...

John Terry Admits He Considered Suicide After Champions League Final Miss

Chelsea legend John Terry has revealed the depth of...

‘No Protection’ for Maresca After ‘Premeditated’ Comments – Rooney

Former Manchester United striker Wayne Rooney believes Chelsea head...

Real Madrid Willing to Listen to Offers for Camavinga, Set €100m Price Tag

Real Madrid are reportedly open to the possibility of...

Related Articles

Popular Categories

spot_imgspot_img