Gas
Nigeria reaches 42% Nigerian Content as Oil Industry spends $20.4bn on Fabrication, Engineering
Precious ADELOLA
YENAGOA-THE Nigerian Oil and Gas Industry spent approximately $20.4billion between 2016 and 2020, particularly in key areas such as Engineering, Procurement, Fabrication, Project Management, and Services.
Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote revealed this at the opening of the 10th Practical Nigerian Content Conference held at the Nigerian Content Tower in Yenagoa, Bayelsa State from 29th November -2nd December, with the theme “Driving Nigerian Content in the New Dawn of the Petroleum Industry Act (PAI)”.
He hinted that the aggregate industry spend was captured from the projects covered by the Board’sMonitoring and Evaluation Directorate.
The computation was part of a Checkpoint Review of the implementation of the Nigerian Content 10-Years Strategic Roadmap, to analyse the journey to 70 percent Nigerian Content and determine the level of the various initiatives introduced by the Board.
According to him, the top industry spend are $8.07bn on Fabrication representing 39 percent of spend; $4.74bn on Engineering services representing 23 percent of spend, and $5.67bn on Procurement of manufactured materials, representing 28 percent of spend.
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He listed the low spend areas to include $1.18bn on Services representing 6 percent of spend and $746m on project management representing 4 percent of spend, adding that the aggregated level of Nigerian Content across the five categories is 42 percent.
Noting the Nigerian Content performance in Engineering is above the 70 percent target, Wabote said areas for focus included fabrication and procurement of materials if the industry is to realise the 70 percent target by 2027.
He said: “That is why we are keen to ensure that the established in-country fabrication yards are utilized for sanctioned projects such as NLNG Train-7 as well as drive local manufacturing of goods such as chemicals, hardwares, spares, accessories, and other consumables via our commercial venture partnerships and our oil and gas industrial parks. Overall, we believe we are on track towards the 70 percent Nigerian Content target but we will need the support of all industry stakeholders to make it happen.”
Giving insight into the Board’s focus for 2022, the Executive Secretary said the Oil and Gas parks in Cross River and Bayelsa states would be commissioned in the 4th quarter of 2022. He emphasised that the provision of reliable power generation and distribution was one of the key requirements to commence operations at the park.
To guarantee this, the Board signed an arrangement at the 2nd day of the PNC with the Gas Aggregation Company of Nigeria (GACN) and INFINI Power Limited for provision of reliable power to the two industrial parks.
He listed other plans of the Board for 2022 to include the completion of the engineering design of Brass Island Shipyard and commencement of roadshows to secure investment partners. Other scheduled programmes include the commissioning the 2,000 barrels per day Atlantic Modular Refinery in Brass and commissioning the 400,000 per year Rungas LPG composite cylinder manufacturing plant in Polaku, Bayelsa State.
He said the Board also plans to commission the 48,000 litres per day Base Oil production plant located in Omagwa Rivers State and commission the 30MMscf Nedo gas processing plant and the 300 MMscfd gas hub tied to the OB-3 pipeline in Kwale, Delta State as well as progress the Human Capacity Development interventions in institutions of learning, vocational centers, ICT centers in secondary schools and others.
Speaking further, the Executive Secretary announced that the Board has acquired land for the construction of 200-room NCDMB Conference Hostel accommodation in Yenagoa for delegates and guests to the various conferences hosted by the Board. He noted that the calendar of conferences hosted by NCDMB is getting busy with events, especially with the opening of the Bayelsa State Airport. He said: “it is only logical that we put in place a decent Conference Hostel to further enrich the experience of our conference participants.”
On the area of funding, Wabote stated that the Nigerian Content Intervention Fund has been expanded the from $200million to $400million, with $350 million from NCDMB and $50million from NEXIM Bank. “Additional products for working capital and loans for Women in oil and gas were also introduced. NEXIM Bank has completed processing of the loan approval for the first set of beneficiaries of the funds under their management.”
He also announced that the Board intends to implement modalities to extend the Nigerian Content Intervention Fund to the manufacturing sector in year 2022.
In furtherance of the Board’s intent of commercializing Research findings, the Executive Secretary confirmed the approval of the partnership with Amal Technologies for the setting up a state-of-the-art factory to produce hardware, embedded systems, and other technological devices in Nigeria, the first fully commercially printed circuit board manufacturer in Sub-Saharan Africa.
He later signed the shareholders agreements on behalf of the Board with the Managing Director of Amal Technologies for the unique partnership in Research and Development.
He explained that the “plant will produce Smart Gas/Smoke Detector Alarm devices that monitors and detects smoke and all types of gas leakages (especially LPG), calls the user’s mobile phone if the intensity of the gas is getting high and automatically shut off the valve of the gas cylinder using Internet of Things and Artificial Intelligence technology. The facility, also has the capacity to produce more than two million Advanced Smart Electric Meters in Nigeria, to support the Federal Government’s initiatives towards the national mass metering program thus bridging the gap in local production of electric meters,” he added.
In his address, the Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva noted that the signing of the Petroleum Industry Act would enable rapid development of projects in the Nigerian oil and gas industry. He stressed that new projects were needed in the industry to increase the nation’s production volume, grow national revenues, engage the local supply chain, create more employment for Nigerians and promote national security.
He also hinted that the recent conclusion of bid rounds for marginal fields was part of Federal Government’s determination to reinvigorate the Local Content in the production side of the business and open a basket of opportunities for local capacities across the industry value chain.
The Minister who was represented by the Director Human Resources, Dr. Famous Eseduwo charged NCDMB to continue on their upward trajectory, focused on the implementation of the Nigerian Content 10-Year Strategic Roadmap to grow Nigerian Content to the targeted level.
Business
Sahara Group expands fleet with new 40,000 cbm LPG Carrier
Modupe Asudo
Sahara Group, a leading global energy and infrastructure conglomerate, has commissioned MT Asharami Ghana, a 40,000‑cubic‑metre Liquefied Petroleum Gas (LPG) carrier, expanding its fleet capacity, while strengthening Ghana’s clean energy supply chain and LPG distribution network.
The dual‑fuel vessel improves operational efficiency, enhances supply reliability, and supports lower‑emission LPG logistics as consumption grows across Ghana and the wider sub‑region.
Speaking at the commissioning in Ulsan, South Korea, President John Dramani Mahama described the vessel as “a significant milestone in strengthening the infrastructure that underpins the global LPG supply chain,” noting that expanded shipping capacity is critical to improving supply security, reliability and efficiency for countries that rely partly on LPG imports.
He commended Sahara Group, WAGL Energy and all partners involved for their “leadership, technical expertise and strategic foresight,” adding that the project reflects “the power of partnership” in advancing safe, efficient, and responsible energy distribution.
President Mahama wished the MT Asharami Ghana safe sails, expressing confidence that the vessel would inspire further investment and collaboration across Africa’s energy value chain.
According to Wale Ajibade, Executive Director, Sahara Group, the vessel supports Ghana’s clean energy ambitions through integrated infrastructure.
“MT Asharami Ghana is more than a vessel; it is part of a deliberate strategy to strengthen LPG supply security and support Ghana’s clean energy ambitions. It secures an additional 25,000-Metric-tonne stock security for the Ghana economy, alongside the soon to be commissioned 6000-metric-tonee of 12.000-metric-tonne land storage in Tema,” he said.
With the addition of Asharami Ghana, Sahara Group’s LPG carrier fleet now comprises six delivered vessels with a combined capacity of 202,000 cubic metres. Supported by partnerships with WAGL Energy, NNPC Limited and other stakeholders, an additional 270,000 cubic metres of capacity is under construction and due for delivery by September 2028.
Temitope Shonubi, Executive Director, Sahara Group, said Asharami Ghana is part of Sahara’s integrated LPG infrastructure strategy spanning shipping, storage, and downstream distribution globally, including the development of a 12,000‑metric‑tonne land‑based LPG storage terminal in Tema, with a 6,000‑metric‑tonne first phase scheduled for completion in May 2026.
He thanked Yaa Serwaa Alifo, MD of Asharami Ghana, for her resilience and insistence to dedicate a ship of “this magnitude solely to the Ghana Market and its landlocked neighbours.”
Ghana is targeting LPG adoption of 50 per cent of households by 2030, up from about 30 per cent today. Sahara’s investments will support clean energy access for more than 35 million people, while strengthening Ghana’s role in regional LPG trade to neighbouring and landlocked West African markets.
The commissioning comes in Sahara Group’s 30th anniversary year, guided by the Sahara Beyond XXX milestone, underscoring Sahara’s focus on building an enduring enterprise that delivers responsible growth, shared prosperity and long‑term impact across its markets.
Business
NCDMB reinforces commitment to inclusive energy growth
Modupe ASUDO
The Nigerian Content Development and Monitoring Board has reiterated its commitment to advancing gender inclusion and sustainable capacity development in Nigeria’s oil and gas industry, spotlighting a $20m Women in Oil and Gas Intervention Fund.
The Board made this known at the 3rd edition of the Diversity Sector Working Group’s Women in Oil and Gas Conference and Mentorship Programme, held on March 3, 2026, at Eko Hotels and Suites, Lagos.
The conference, organised in collaboration with the Nigerian Content Consultative Forum, was themed ‘Breaking Barriers, Shaping the Future’, with a strong focus on building bridges and empowering women for a sustainable energy future.
Delivering his goodwill message, the Executive Secretary of NCDMB, Engr Felix Omatsola Ogbe, described women’s empowerment as a strategic lever for strengthening Nigeria’s energy ecosystem, particularly at a time the global industry was undergoing profound structural change.
He explained that the sector’s navigation of energy transition, rapid technological innovation and rising sustainability expectations increasingly requires broader perspectives, adaptive leadership and inclusive participation to remain competitive and resilient.
Represented by the General Manager Midstream PCAD, Ms. Lekoma Phimia, the Executive Secretary framed inclusion not as social advocacy but as sound economics, stressing that diversity consistently delivers measurable performance outcomes across industries.
“Inclusive organisations are more innovative, more resilient and more profitable. When women thrive, industries thrive. When women lead, economies grow. When women are empowered, communities prosper,” he stated.
To illustrate this point, the Executive Secretary referenced the leadership impact of Ms. Oritsemeyiwa Eyesan, Executive Chairman of the Nigerian Upstream Petroleum Regulatory Commission, describing her tenure as clear evidence of women’s capacity to drive sector-wide transformation at the highest levels.
According to him, such leadership exemplifies how competence and inclusion are helping to steer the industry through a period of accelerated change.
While acknowledging the progress recorded, Ogbe observed that systemic barriers had continued to limit the full participation of women across segments of the oil and gas value chain, stressing that addressing the constraints requires deliberate, structured and sustained interventions.
At the centre of NCDMB’s empowerment showcase, the Executive Secretary highlighted the Women in Oil and Gas Intervention Fund, a landmark $20m initiative established in partnership with the Nigerian Export-Import Bank to provide affordable financing exclusively to women-owned businesses operating within Nigeria’s oil and gas sector.
He explained that the fund offers single-digit interest rate loans with repayment tenors of up to three years, targeted at eligible companies with approved industry contracts. According to him, the initiative is designed to accelerate local capacity and enable women entrepreneurs to transition from peripheral participation to ownership and leadership across the oil and gas value chain.
Ogbe further disclosed that a complementary intervention, implemented in partnership with the Bank of Industry, extends structured business training and additional access to capital to women-owned enterprises. He noted that many beneficiaries have expanded from small service providers into competitive vendors now supporting major oil and gas operators nationwide, particularly in logistics and marine services, safety equipment supply and environmental management — segments where female entrepreneurs have historically faced limited access to financing.
Beyond financing, the Executive Secretary highlighted NCDMB-supported skills development programmes executed in collaboration with institutions such as the Petroleum Training Institute and accredited industrial training centres in Rivers and Bayelsa states. He cited the training of women in welding and fabrication, noting that many graduates are employed in fabrication yards and contribute directly to major oil and gas projects.
“These women are earning dignified livelihoods, breaking stereotypes and inspiring a new generation,” Ogbe said, emphasising that collaboration remains critical to scaling impact, citing partnerships with financial institutions, development partners, training institutions and industry stakeholders.
He commended the NCCF Diversity Sector Working Group for sustaining advocacy and dialogue on inclusion. “We must move beyond inclusion towards leadership — more women in technical leadership roles, executive positions and industry boards,” he added.
In her remarks, the Chairman of NCCF Diversity Sector Working Group, Dr Alero Onosode, described the conference as a celebration of progress, leadership and possibility, noting that NCDMB’s sponsorship reflects its strong institutional commitment to inclusion and shared prosperity. She observed that convening the conference in March — International Women’s Day month — was symbolic, coming at a time of renewed activity and reform across Nigeria’s oil and gas industry.
“Alongside this momentum, we are seeing the rise of women into visible and influential leadership roles — regulators, CEOs, directors, engineers and policymakers shaping strategy and transforming spaces that were once dominated by a single voice,” Onosode said.
She explained that the conference theme challenged stakeholders to move from representation to impact, urging deliberate collaboration across sectors, generations and perspectives.
“Building bridges means women and men working together, turning diversity into strength and collaboration into results,” she stated, calling on industry leaders to prioritise mentorship, sponsorship and intentional partnerships.
The conference concluded with a renewed call for inclusive capacity development, with NCDMB reaffirming its commitment to empowering women, strengthening Nigerian content and ensuring that Nigeria’s energy future is sustainable, inclusive and economically transformative.
Business
NCDMB’s wants 70% of oil and gas spendings domiciled in Nigeria by 2027
Modupe ASUDO
The Nigerian Content Development and Monitoring Board (NCDMB) has said that its 10-year strategic roadmap was designed to strengthen Nigeria’s industrial base by retaining 70 per cent of oil and gas industry spending within the country by 2027, while creating employment opportunities for about 300,000 Nigerians across the oil and gas value chain and its linkage sectors.
This position was made known during a high-level panel session at the maiden West Africa Industrialisation, Manufacturing and Trade Summit and Exhibition, held in Lagos under the theme “Accelerating West Africa’s Sustainable Industrial Revolution for Economic Prosperity”.
The session focused on maximising human capital as a catalyst for competitive and resilient industries in the region.
Speaking on behalf of the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, the General Manager, Human Capacity Development, Mr. Esueme Kikile, congratulated the organisers for convening the summit, noting that “the theme strongly aligns with the Board’s long-standing mandate in the oil and gas sector.”
He explained that NCDMB’s core responsibility is to build the capacity of Nigerians and Nigerian companies to participate actively in the oil and gas industry, stressing that industrialisation, manufacturing and trade were critical drivers of sustainable economic growth.
To achieve this, Kikile said the Board launched a 10-year strategic roadmap in 2017 aimed at developing in-country fabrication and integration capacity, while strengthening local manufacturing capabilities.
According to him, the oil and gas industry alone is capital-intensive and limited in direct employment, but its linkage sectors provide vast opportunities to absorb Nigeria’s growing youth population.
“Our plan is to ensure that at least 70 per cent of Nigerian oil and gas spend is domiciled in-country by 2027. That is why fabrication, manufacturing and industrialisation are so critical. Through this approach, we project employment opportunities for about 300,000 Nigerians, not just in oil and gas, but across its supporting industries,” he said.
Moderating the panel, the Head of Operations at Jobberman Nigeria, Ms Samantha Ifezulike, set the tone by raising concerns about whether West Africa has sufficient human capital to sustain rapid industrial scale-up, both at entry and senior levels. She challenged the panelists to examine barriers to talent deployment and the role of collaboration between industry and government.
In response, Kikile described West Africa’s population of over 450 million people, nearly 60 per cent of whom are young, “as a significant demographic advantage that remains largely untapped due to structural constraints.”
He identified policy fragmentation across borders as a major barrier, and noted that limited mobility of skills within the sub-region restricted optimal use of available talent.
He also pointed to the disconnect between academia and industry, observing that many education systems still prepared graduates for civil service roles rather than practical, industry-driven careers.
He called for deeper collaboration between universities and industry to align curricula with real-world needs, including technology-driven and hands-on training.
On technical and vocational education, Kikile stressed the need to revive and modernise training institutions to meet the demands of the Fourth Industrial Revolution, recalling how vocational pipelines once fed directly into industrial and oil and gas hubs.
He further advocated policies that enabled innovation and entrepreneurship, allowing students to translate viable ideas into businesses, supported by streamlined regulatory frameworks.
Highlighting the NCDMB’s role in talent development, Kikile said human capacity development was central to the Board’s mandate, especially in correcting decades of overreliance on expatriate labour in the oil and gas industry. He noted that the steady growth of indigenous companies over the years reflected the impact of Nigeria’s local content policy.
He said the NCDMB was implementing an Oil and Gas Field Readiness Programme designed to train 10,000 young Nigerians in critical skill areas identified through industry studies, addressing significant skill gaps in the sector. The programme combines classroom learning with compulsory six-month on-the-job training to ensure participants are truly industry-ready.
“We rolled out this programme recently and are already working with operating companies. The goal is not just certification, but field-ready talent. Properly trained Nigerians should be able to compete locally and globally as industry leaders,” he said.
Kikile concluded by emphasising three priorities: strengthening regional capacity and absorptive ability, ensuring industry actively co-creates curricula with government, and enforcing compliance with well-designed policies and regulations.
Wrapping up the session, Ifezulike underscored the need for stronger alliances, effective policy development and practical implementation, calling for broader stakeholder participation to translate discussions into measurable outcomes.
The industry leadership panel reinforced the growing recognition that unlocking West Africa’s human capital is essential to achieving sustainable industrialisation, trade expansion and long-term socio-economic transformation across the region.






