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NCDMB to host Africa Local Content Investment Forum

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NCDMB to host Africa Local Content Investment Forum

Lucky MOMOH

ABUJA-THE Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to host the Africa Local Content Investment Forum (ALCIF) at Eko Hotels and Suites, Lagos on Monday, 7th March, 2022.

The event will provide a platform for African leaders in the oil and gas industry and financial sector, financial institutions, regulators, and regional bodies to meet and shape the future of the oil and gas industry in the continent amidst energy transition realities.

Expected at the event are delegates from 18 countries – mostly from the African Petroleum Producers Association (APPO), 140 financial institutions, and 400 participants from around Africa. The event is being facilitated by the Heritage Times and has its theme as “Developing a Pan African Strategy towards Sustainable Funding of Africa Oil and Gas Projects”.

The ALCIF is a sequel to the 1st African Local Content Roundtable hosted by the Board in June 2021 at the NCDMB Towers in Yenagoa, Bayelsa State.

Speaking ahead of the event, the Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote stated that the Africa Local Content Investment Forum would seek to elevate Africa’s indigenous oil producers and national oil companies as the next generation of project producers involved in equity financing of exploration and field development activities.

He said the forum would also position Africa’s oil and gas service companies as funding blocks for research and development of technology required for exploration and production operations and position Africa’s financial institutions as providers of debt financing for oil and gas projects.

He noted that “the ongoing global energy transition is driving most international oil companies (IOCs) to declare commitments to reduce carbon emissions thereby scaling down investments in hydrocarbons development in favour of expanding renewable portfolios.” He added that leading global financial institutions are also reducing or eliminating portfolio allocations to oil and gas projects.

The Board’s sponsorship of the Africa Local Content Investment Forum (ALCIF) is in furtherance of the Nigerian Content 10-Year strategic Roadmap, which has a key aspiration to promote Local Content across the African continent and ensure access to market for oil and gas capacities that have been developed locally. The Board had consistently provided guidance to several African countries on the implementation of local content policies in their jurisdictions.

According to the organisers, the local content policy which has been implemented successfully in the Nigerian Oil and Gas Industry offers one of the most appealing economic development models for a self-reliant and resilient African economy.

They also noted that the energy transition agenda is posing new challenges to Africa in its quest to develop without dependence on finance, technology, and manpower from other geographical locations.

Africa accounts for eight percent of the world’s hydrocarbon reserves, with an estimated 126.388 billion barrels equivalent. The continent contributes three percent of global Gross Domestic Production despite having a population of over 1.373 billion people and being the second largest and second-most-populous continent on earth.

Analysts believe that the continent has the human resource base to leverage its hydrocarbon, minerals, and other natural resources to improve its Gross Domestic Product (GDP) contribution.

 

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With Sights Restored, NNPC/Shell Vision First Outreach Makes Mark in Badagry

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Nearly 3,000 people in Badagry Local Government Area of Lagos State benefitted from the latest edition of the Vision First initiative of the Nigerian National Petroleum Company Limited (NNPC Ltd) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), last week.

Biztellers reports that on the first day alone, 38 patients had surgeries which restored their sights.

The beneficiaries expressed gratitude to the NNPC Ltd/SNEPCo for the treatment, saying the restoration of their sights would help reintegrate them into society.

READ ALSO: Pipeline Surveillance Crucial for $50bn Upstream Investment

A total of 2,297 people were seen by the medical team of which 1,458 had eye care services with 154 surgeries for cataract and 878 spectacles dispensed. This was in addition to more than 200 general surgeries. There were long queues as people turned out early from different parts of the local government area to take advantage of the services in the five-day outreach.

SNEPCo Managing Director, Ronald Adams commented: “We believe that caring for people goes beyond business; it is a responsibility and a privilege. That is why we remain committed to supporting initiatives that strengthen communities and create lasting impact.”

The Badagry outreach was the 6th since the inception of the Vision First initiative in 2022. Late last year, the first session outside Lagos was held in Asaba, Delta State where nearly 2,000 people received healthcare.

The Vision First programme incorporates other aspects of health care such as cardiovascular screening, consultations and treatment for mild and chronic illnesses, laboratory services, pharmaceutical services and distribution of insecticide-treated nets.

The programme has been delivered in collaboration with Kolmarg Eyesight Foundation, an NGO based in Jos, Plateau State, which aims “to provide comprehensive eye care to the poor and underprivileged in Sub-Saharan Africa.”

SNEPCo, which pioneered deepwater oil production in Nigeria through the Bonga field in 2005, also supports the socio-economic development of the country through investments in education, health, employment generation and infrastructural development.

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Osun 2026: Tinubu Congratulated Adeleke Before INEC Declared Him Winner — Accord Chieftain

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President Bola Tinubu congratulated Osun State Governor, Ademola Adeleke, on his victory in the 2026 governorship election before the Independent National Electoral Commission formally declared him winner, an Accord Party chieftain, Pelumi Olajengbesi, has disclosed.

Olajengbesi made the disclosure while speaking with journalists at the INEC collation centre in Osogbo shortly after Adeleke was declared winner of the election.

He commended Tinubu for what he described as the President’s decision not to interfere with the electoral process, saying it demonstrated his commitment to ensuring that the election was free, fair and credible.

SEE MORE: Osun 2026: Oyebanji Applauds Adeleke, Says Voters Have Spoken

According to him, the President had earlier directed INEC and security agencies to ensure that the election met the required standards.

However, Olajengbesi said the poll could not be considered entirely free and fair, alleging that opposition supporters were subjected to oppression and arrests.

“Let me be honest with you, we are also appreciative of Mr. President because at the commencement of this election, Mr. President himself announced to the world and gave a directive to INEC and all security agencies that this election must be free, fair, and credible.

“We want to believe that this election is very credible, but we do not agree that this election is free and fair because it was oppressive. Our people are still in detention. As I speak to you today, even during the election, over 11 persons were arrested in the process.”

Despite his concerns, Olajengbesi praised Tinubu for allowing the electoral process to continue and respecting the outcome.

“We are glad that the president was able to stand by his word and insist that the right thing must be done,” he said.

He further revealed that Tinubu had contacted Adeleke to congratulate him before INEC formally announced the result.

“Let me tell you this quickly: even before the result was declared yesterday night, Mr. President called Mr. Governor and congratulated him, and that is good leadership,” Olajengbesi said.

Adeleke won the election with 511,067 votes, defeating his closest challenger, Bola Oyebamiji of the All Progressives Congress, who secured 444,815 votes.

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Empower Police Wives to Boost Officers’ Morale — NPTF

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The Nigeria Police Trust Fund (NPTF) has called for greater empowerment of police officers’ wives, saying economically empowered families can boost the morale, stability and effectiveness of personnel.

The Fund made the call after training and equipping 100 wives of police officers in Kogi State with tailoring and hairstyling starter packs.

SEE MORE: State Police Bill: FG Extends Deadline for Nigerians to Submit Memoranda

The empowerment programme, which was held at the 37 Squadron, Police Mobile Force (MOPOL) Barracks, Lokoja, was designed to equip the beneficiaries with vocational skills and tools to establish sustainable sources of income.

Speaking at the closing ceremony, the Executive Secretary of the NPTF, Alhaji Mohammed Sheidu, represented by Salihu Aliyu, said the initiative was aimed at strengthening the families behind police officers who often operate under demanding and hazardous conditions.

He said, “By providing these starter packs, the Fund is creating opportunities for beneficiaries to become economically empowered, develop sustainable sources of income and contribute meaningfully to the wellbeing of their families.

“These starter packs represent opportunity, empowerment, hope and a pathway towards self-reliance.”

Sheidu urged the beneficiaries to regard the equipment as an investment in their future and utilise the skills acquired during the training to establish viable businesses.

Also speaking, the Kogi State Commissioner of Police, CP Naziru Bello Kankarofi, represented by DCP Baba Mallam, stressed the importance of supporting police wives as part of efforts to improve the welfare and effectiveness of police personnel.

He said, “The welfare of the police extends beyond our officers to the families who support them and make their service possible. Our officers make enormous sacrifices in the service of our nation.

“An empowered family is a stronger family. Such families contribute significantly to the morale, stability and effectiveness of officers.”

Kankarofi commended the Inspector-General of Police, IGP Olatunji Disu, for his commitment to the welfare of police personnel and their families, while appreciating the NPTF for sponsoring the empowerment programme.

He urged the beneficiaries to put the skills and equipment to productive use and turn them into sustainable sources of livelihood.

The Chairperson of the Police Officers’ Wives Association (POWA), Kogi State Chapter, Mrs Asmau Kankarofi, described the starter packs as “seeds of economic independence” for the beneficiaries.

She said police wives remained a vital source of encouragement, strength and support to their husbands and families, particularly given the sacrifices associated with policing.

“We understand the sacrifices that come with the policing profession. As wives, we remain a vital source of encouragement, strength and support to our husbands and families,” she said.

She urged the beneficiaries to utilise the equipment judiciously and support one another in building sustainable businesses.

The beneficiaries expressed appreciation to the NPTF and pledged to make productive use of the equipment to improve the welfare of their families.

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