President Bola Ahmed Tinubu has made four new appointments to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB).
This move aims to reinforce the board’s capacity to drive local content growth in Nigeria’s oil and gas industry. The
new members include Mr. Olusegun Omosehin from the National Insurance Commission (NAICOM) and Engr. Wole
Ogunsanya of the Petroleum Technology Association of Nigeria (PETAN).
Also appointed are Mazi Sam Azoka Onyechi, representing the Nigerian Content Consultative Forum (NCCF), and
Barrister Owei Oyanbo from the Ministry of Petroleum Resources.
These appointments follow the exit of previous institutional representatives, ensuring the council remains fully
constituted and capable of fulfilling its mandate. The NCDMB Governing Council plays a crucial role in overseeing and
promoting Nigerian participation in the oil and gas sector.
The council consists of representatives from key institutions, including the Ministry of Petroleum Resources, the
Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian National Petroleum Company Limited (NNPCL).
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Tinubu urged the newly appointed members to apply their expertise and dedication to further enhance local content
development. This aligns with his administration’s commitment to economic growth and job creation in the oil and gas sector.
The NCDMB Governing Council’s primary objective is to promote Nigerian content in the oil and gas industry. The
council’s efforts aim to increase local participation, stimulate economic growth, and create employment opportunities.
The appointments demonstrate Tinubu’s commitment to strengthening institutions and promoting local content
development. The new members bring a wealth of experience and expertise to the council, ensuring it remains effective in its mandate.
The oil and gas industry is a critical sector in Nigeria’s economy, and the NCDMB Governing Council plays a vital role in shaping its future. The new appointments are expected to have a positive impact on the industry and the country’s economy.
