The executive secretary of the Nigerian Content Management and Development Board (NCDMB), Mr. Simbi Wabote, has said that Nigeria has the minister of state petroleum resources, Mr. Timipre Sylva to appreciate for the pride of place enjoyed currently by the country in the comity of oil and gas nations.

The NCDMB boss who spoke at a stakeholders summit organised by the board in Lagos, emphasised that Nigeria has laid the foundations towards achieving the potentials in the midstream and downstream sectors of the economy.

Wabote asserted that the minister has recorded ‘superb initiatives’ over which Nigeria is naturally waiting for the ‘windfall.’

“The dedication and focus to ensure that the Petroleum Industry Act (2020) became a reality, securing FID for NLNG Train-7 Project in the peak of COVID-19 pandemic, and the launch of the Year of Gas in 2020, later rolled into the Decade of Gas from 2021 to 2030 were very strategic moves that seem to have foresaw and prepare Nigeria for the current situation in the global energy industry,” the NCDMB boss stated.

He equally acknowledged the efforts of the group managing director of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, the chairman of Dangote Group, Alhaji Aliko Dangote,  the management of Nigerian Liquefied Natural Gas (NLNG) under the leadership of Mr. Philip Mshelbila, the chairman of BUA Group, Mr. Abdulsamad Rabiu, and others for the remarkable effort they have put in towards promoting major projects in the midstream and downstream sectors.

I was in Angola last week as part of the Nigerian delegation to the CAPE VIII organized by APPO and the African petroleum ministers and delegates were full of praises of the efforts and initiatives being undertaken in Nigeria to tackle energy poverty and utilize our hydrocarbon resources for the development of our country.

“There were direct invitations to Nigerian businesses and professionals to come over and partake in their oil and gas industry. They are aware of the giant strides being taken by our country Nigeria to address our challenges in local refinement of petroleum products and to mainstream our gas resources into our national economy.”

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