President Bola Tinubu has approved the appointment of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). The appointments are part of the administration’s ongoing efforts to strengthen key government institutions and promote local content development in Nigeria’s oil and gas sector.
The newly appointed members bring a wealth of experience and expertise from various industries. Their inclusion in the council is expected to enhance the implementation of policies that promote indigenous participation in the energy sector. The NCDMB plays a critical role in ensuring compliance with local content laws, fostering partnerships, and driving capacity-building initiatives.
According to a statement from the presidency, the appointments align with Tinubu’s commitment to economic reform and sustainable development. The government has reiterated its focus on improving governance structures, boosting local industries, and creating job opportunities through strategic policy implementation. The newly constituted council is expected to accelerate progress in these areas.
The NCDMB, established under the Nigerian Oil and Gas Industry Content Development Act, is responsible for ensuring that Nigerian companies have a significant role in the sector. With these fresh appointments, stakeholders anticipate improved efficiency and innovative approaches to strengthening local content policies. The government has urged the appointees to uphold professionalism and transparency in carrying out their duties.
