The Managing Director of Mudiame International Limited, and Mudiame Welding Institute, Prof. Sunny Eromosele Eboh, in this interview with KINGSLEY JEREMIAH, said the Nigerian Content Development and Monitoring Board (NCDMB) needs to stay the course in order not to lose focus of its primary objective of developing in-country capacity in terms of human resources and facilities for the oil and gas sector. He also urges the government to consider extending the local content development initiative to other sectors of the economy.
How do you rate the country’s 10-year journey towards deepening local content in the oil and gas sector?
IT has not been an easy trip since the enactment of the Local Content Law. The act brought a little stability even though in the beginning, it was not accepted by most International Oil Companies (IOCs). The oil majors did not want to accept the reality, but the outcome of the entire process is something that we must all commend because, for some strange reasons, they never thought that it was possible for local companies to participate in some oil and gas activities.
However, I think this was because they have been in the oil and gas industry for over 50 years. With the efforts put in, and efficient monitoring by the Nigerian Content Development and Monitoring Board (NCDMB), I can say that the situation is a little bit okay. So, kudos to the NCDMB executive team, starting from the first executive secretary who ensured that oil companies complied with the act.