Kenya, Congo move to adopt Nigeria’s local content policy

The two countries have already made their interests known to the Nigerian Content Development and Monitoring Board, NCDMB. The Executive Secretary of the NCDMB, Mr. Earnest Nwapa, said this shortly after he returned from Kenya’s oil and energy local content convention in Nairobi.

Nwapa was invited to the convention to share his experiences with Kenyans on how to help them design local content policies and guidelines.

The convention was organised by the Oil and Energy Services Limited in partnership with the Kenya Ministry of Energy and was in furtherance of the visit of the Kenyan President and his delegation to Nigeria in May 2014 to advance Kenya-Nigeria Partnership.

In January 2014, the Government of Congo Brazzaville also invited NCDMB to help it put in place policies on national content, privatization and commercialization.

The invitation to the NCDMB by African countries follows several commendations it has received within the country.

The Minister of Petroleum Resources, Mrs. Diezani Alison- Madueke, stated that the Federal Government was pleased with the contributions of Nigerian Content to the transformation agenda of President Goodluck Jonathan.

She said, “We are all extremely pleased at the federal level with the various achievements this board has recorded within this period of time.” The minister said, “It is quite clear from our various movements particularly when we go to international fora and see the numbers of Nigerians that are now exhibiting the services they deliver to the industry.”

She said, “It is progressing robustly every year and going from strength to strength. Within Nigeria, the success of Nigerian Content is incredible.”

The minister also underscored the adoption of the Nigerian content philosophy by other sectors of the economy like the Ministry of Communications Technology and Ministry of Power as further proof that the implementation of the Act has been effective.

Recently, the Minister of Power, Prof Chinedu Nebo also commended NCDMB on the achievements it recorded with the implementation of the Nigerian Content Act in the past four years, noting that managers of the power sector were desirous of replicating similar successes for the benefit of the economy.

Meanwhile, Nwapa has remarked that the $350m Nigerian Content Fund is meant to facilitate funding agencies to give money to indigenous operators. “So, we designed it such that in the first five years of the fund, it will only be a fund that people will see as a guarantee, believing that it will grow.

It is growing and it has grown to the point where we are looking at remodeling it because now, there is cash in that fund but it will never be a fund that people will treat as grant,” he said.

[National Mirror]



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