The Nigeria Content Development Monitoring Board (NCDMB) has achieved 80% success in its 10-year Strategy Roadmap, recording success in 77 initiatives out of 96 initiatives.
One of its major achievements in 2022 is the 54% increase in its 2022 Content level which is based on the monitoring and evaluation of industry activities.
Its General Manager, Corporate Communications and Zonal Coordination, Dr. Ginah O. Ginah said this at the Nigerian Content Media Workshop held on Monday in Port Harcourt.
The theme of the workshop was “Enhancing Media competencies to support Nigerian Content in a gas economy”.
He said, “We are happy to report that we have recorded huge achievements in the implementation of this roadmap since we launched it in 2017 when Nigerian Content performance was at 26 percent.
“Just last week at the Practical Nigerian Content Workshop held at Uyo, Akwa Ibom State, our Executive Secretary, Engr. Simbi Kesiye Wabote announced that Nigerian Content performance for 2022 has increased to 54 percent, surpassing the 42 percent target that was set for the year. Our statistics also reveal that the average Nigerian Content performance in the last five years is 44 percent, which is also beyond the set targets.”
Dr Ginah who highlighted many achievements by the agency, informed that out of 96 initiatives of the Roadmap, 77 initiatives have recorded success.
He said that the Roadmap is in tune with President Muhammadu Buhari’s statement on gas transition , declaring 2021 – 2030 as Nigeria’s Decade of Gas and announced the Federal Government’s determination to fully exploit the nation’s abundant gas resources to accelerate the development of the economy.
He also recalled that President Buhari made a commitment at COP26 held in November 2021 at Glasgow that Nigeria will seek to achieve net zero by 2060, which means cutting greenhouse gas emissions to as close to zero as possible.
He said, “As a responsive agency, the NCDMB has also taken deliberate steps to actualize the Federal Government’s declarations in gas and other aspects of the oil and gas value chain. We have partnered with credible investors to develop critical projects in the sector to take Nigeria towards the goal.
“In total, we have partnered with 15 firms to set up projects covering modular refining, gas processing, gas distribution, power generation, manufacturing and others.
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“It is worthy of note that 70 percent of our investments are on gas-based activities, especially midstream and downstream gas. Our investments underscore the importance of gas to Nigeria’s economic sustainability, apart from its role in the energy transition.
“We know for certain that gas can lead Nigeria to food sufficiency, industrialization, increase in Gross Domestic Product, and electric power sufficiency.
“Above all, the investments by the NCDMB are helping to create employment opportunities for Nigerian youths, catalyze the local economy and achieve the Nigerian Content 10-Year Strategic Roadmap.”
He further noted that the agency also have partnerships with investors who have initiated their interest in Nigeria’s gas development.
He said, “Some of our gas-based projects include our partnership with Rungas to produce 1.2million LPG Composite cylinders per annum in Bayelsa and Lagos States and our collaboration with NEDO Gas Processing Company in Kwale, Delta State for the establishment of 80 million standard cubic feet per day gas Processing Plant and a 300 million standard cubic feet per day Gas Gathering hub.
“The Board is also working with Duport Midstream to establish an Energy Park at Egbokor, Edo State. The park would include a 40 million standard cubic feet per day gas processing plant, 2,500 barrels per day modular refinery and 20 megawatts power plants.
“The Board partnered with the NNPC to invest in Brass Fertilizer and establish 10,000 tonnes per day Methanol Production plant at Odioama, Brass, Bayelsa State, just as we are investing with Triansel Gas Limited in Koko, Delta State to establish a 5,000 Metric Tons per day LPG Storage and Loading Terminal Facility.
“Up north, we supported Butane Energy Limited to establish LPG Bottling Plants and Depots in Abuja and 10 Northern States, just as we are investing with MOB Integrated Services for the construction of the 500 Million Tons Inland LPG terminal in Dikko, Niger State. The project will include the construction of a Cylinder Refurbishment plant, procurement of 80,000bottles of LPG Cylinders and acquisition of distribution assets.
“Another important partnership is with Southfield Petroleum to establish 200 million metric standard cubic feet of gas processing plant at Utorogu, Delta State. The project will produce 123,000 Million Tons Per Annum of LPG, about 10 percent of current LPG demand nationwide.
“In the same vein, the Board is collaborating with Amal Technologies to set up a plant in Abuja to produce Smart Gas/Smoke Detector Alarm devices.”
Dr Chido Nwakanma, one of the keynote speakers at the Workshop, also urged Journalists to embrace solutions Journalism, data Journalism and investigative Journalism to improve on reporting issues related to local content.
NatureNews reports that the 10 year Strategic Roadmap was launched in 2017 with the aim of increasing Nigerian local content to 70% by 2027.
