The Nigerian Content Policy seeks to promote a framework that guarantees active participation of Nigerians in oil and gas activities without compromising standards. The policy also focuses on the promotion of value addition in Nigeria through the utilization of local raw materials, products and services in order to stimulate growth of indigenous capacity. The Federal Government is optimistic that this policy will result in steady measurable and sustainable growth of Nigerian Content throughout the oil and gas industry.
In order to provide solutions to challenges impeding the smooth implementation of the Nigerian Content Policy, this Three (3) Day Stakeholders Interactive workshop being midwifed by the Senate Committee on Petroleum Resources (Upstream) in collaboration with Ministry of Petroleum Resources, Nigerian National Petroleum Corporation (NNPC), Petroleum Technology Development Fund (PTDF), Nigerian Content Development and Monitoring Board (NCDMB) and Messrs New Planet Projects Ltd was designed.
The objective of the workshop is to provide a forum for all stakeholders in the Oil and Gas Industry to discuss freely on the Policy Framework while obtaining valuable inputs on identifying issues, challenges and as well determine actions required to further strengthen and maintain the Nigerian Content Policy on one hand and to learn how to make use of the policy to attract investment on the other, thereby domiciling the best global productivity and performances in Nigeria. It was also targeted at improving the local communities and the supply chain through the preparation of an effective framework for government in line with international best practices. Equally, it was intended to afford participants the opportunity to engage experts on various subjects affecting the development of the indigenous capacities in the industry, also to obtain valuable inputs and further enhancing the capability and collaborative efforts of the Committee, Relevant Government Agencies and other Industry Stakeholders in ensuring total compliance with the Nigerian Oil and Gas Industry Content Development (NOGICD Act 2010) while ensuring that the workshop complements the efforts of government in proffering immediate and lasting solutions to the challenges confronting the industry.
The previous edition was held at The Calabar International Conference Center, from Tuesday April 12th to Thursday, April 14th 2016. It was attended by 450 participants drawn from the National Assembly, MDAs, the Private Sector, and NGOs.