The Nigerian Content Development and Monitoring Board (NCDMB) has intensified its drive to attract Chinese investment, technology and manufacturing capacity into Nigeria’s oil and gas industry.
The board during it’s participation at the just concluded 15th China Shale Oil and Gas Summit engaged over 100 Chinese original equipment manufacturers in Chengdu, China.
The summit held at the Chengdu Century City International Conference Centre with the theme: “Empowering Efficient and Green Development via Intelligent Technologies, Innovating to Lead the Shale Oil and Gas Revolution”
The event provided a platform for NCDMB and representatives of key groups in the oil industry to showcase Nigeria’s local content framework and investment opportunities in manufacturing, technology and broader oil and gas services.
Representing the Executive Secretary of NCDMB, Felix Ogbe, the Director, Project Certification and Authorization Division (PCAD) and Senior Technical Adviser to the Executive Secretary, Austin Uzoka, delivered a keynote address on the first day of the summit titled: “Nigeria’s Local Content Journey and Opportunities for Chinese Collaboration in Oil and Gas Equipment Manufacturing.”
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He explained that NCDMB is seeking to move the relationship between Nigerian oil and gas industry and Chinese manufacturers beyond the conventional buyer-seller model towards investment, manufacturing, technology transfer and stronger integration into global supply chains.
He assured that the Nigerian Oil and Gas Content Development (NOGICD) Act guarantees that any oil and gas equipment manufacturing facility that is established in the country will be patronised by the oil and gas industry, with further opportunities across the Gulf of Guinea.
“We are looking beyond the traditional buyer-seller relationship. What can we build together? We want Chinese companies to see Nigeria not simply as a market for their products, but as a strategic investment destination, a platform for manufacturing and technology development, and a gateway to opportunities across the wider African market,” he said.
The executive secretary highlighted the Nigerian Oil and Gas Park Scheme (NOGaPS) as a platform for industrial investment, encouraging Chinese firms to establish manufacturing, assembly and service operations in Nigeria, with opportunities for technology transfer, technical arrangements and integration of Nigerian businesses into their supply chains.
He also identified China’s strength in manufacturing, engineering, technology and energy infrastructure as an opportunity to support Nigeria’s industrial development.
“China has developed tremendous capabilities in manufacturing, engineering, technology and energy infrastructure.
“We want to explore how those capabilities can be connected with the opportunities that exist in Nigeria, for mutual benefits” he added.
On Nigeria’s local content journey, Austin explained that the agenda has evolved from increasing Nigerian participation in oil and gas projects to a broader drive for industrial capacity, manufacturing, technology ownership and global competitiveness.
