The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has maintained that Human Capacity Development is imperative in the development of Nigerian oil and gas industry.

Engr. Wabote who stated this on Tuesday while delivering his keynote address during the two-day 2022 Virtual Stakeholders Workshop For Human Capital Development (HCD) In The Nigerian Oil And Gas Industry organized by the board.

Effect Of Human Capital Development In the Oil And Gas Industry

The NCDMB boss emphasized that nations are rapidly embarking on human capacity development as it has been proven to be one of the major driving forces in the corresponding development of the oil and gas industry.

According to Wabote, noble and leading nations have shared virtue in the industry of human capital and rapid advancement of technology used in the oil and gas industries. 

He pointed out that the Nigerian oil and gas industry will continue to demand finance and experts “If we do not keep up pace with the spirit of technological development and developing the industrial man required from challenges in northern industrial technology.”

The ES explained that it was with the view of  developing Nigerian workforce capable of leading and advancing technological development in oil and gas industry and supporting the attainment of the Nigerian local content  aspirations that the components of the Nigerian oil and gas local content development Acts deemed it necessary and imperative to include clauses that mandate employment and training of workforce in the Act.

NCDMB’s Role In The Human Capacity Development Of Nigeria’s Oil and Gas Industry

He stressed that in a bid to maintain a healthy Nigerian bench in the country’s oil and gas industry, NCDMB developed the human capacity development guidelines in 2014 and its updated issued in 2020. 

“Today I can see a lot of upstream benefits in development and implementation of the guideline including the human capacity development regulations, issued by the minister of petroleum resources,” he said.

He added that Nigeria is leading Africa in terms of human capacity development in the oil and gas industry.

“I can probably say we have a skilled workforce we need and sustained development of all tools in Africa for the continuing future, all the major and serious oil and gas operating in several countries, as Nigeria currently in very crucial leadership positions and have begun to export our workforce to the world. 

Only about three weeks ago, the industries in Africa converged in Angola where discussions were held on how Africa took a leading position in regulating their natural resources and all discussion also centered around Nigeria, for all other African countries are looking up to us in terms of human capacity and has helped them develop and exploit their hydrocarbon resources currently,” Wabote said.

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