The Nigerian Content Development and Monitoring Board (NCDMB) has insisted that compliance with Nigerian content regulations in the oil and gas industry is non-negotiable. Executive secretary of the board, Felix Ogbe stated this last week at the 2026 Nigerian Oil and Gas Midstream and Downstream Stakeholders Summit in Lagos.
Ogbe, represented at the summit with the theme, ‘Unlocking, Growing and Sustaining Nigerian Content Development in Nigeria’s Oil and Gas Midstream and Downstream Sectors,’ by the head of Directorate of Planning, Research and Statistics, Austin Uzoka, said the midstream and downstream sectors remained vital to Describing the summit as a strategic platform for shaping the future direction of Nigeria’s energy industry and strengthening indigenous participation, Ogbe said reforms, improved regulatory clarity and growing investor confidence were repositioning Nigeria as a leading oil and gas investment destination in Africa.
He noted that the board, established under the Nigerian Oil and Gas Industry Content Nigeria’s economic expansion, industrialisation and job creation efforts.
Development Act 2010, continued promoting local capacity development and technology transfer. The NCDMB boss added that the board had also advanced employment opportunities for Nigerians across several segments of the oil and gas industry.
He said Nigerian companies had recorded significant achievements in upstream operations, particularly in exploration, drilling, engineering, fabrication and project management activities.
According to him, the next growth phase lies within the midstream and downstream sectors of the nation’s petroleum industry.
He identified gas processing, transportation infrastructure, storage facilities, LPG and CNG distribution, refining and petrochemical development as major investment opportunities.
Ogbe said Nigeria was gradually reducing dependence on imported refined petroleum products through increased local refining and processing capacity.
He described the Dangote Refinery as a strong symbol of Nigeria’s industrial ambition, energy independence and economic self-sufficiency.
