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Nigerian Content Act implementation boosting domestic refining – NCDMB

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Nigerian Content Act implementation boosting domestic refining - NCDMB
• Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote
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The Executive Secretary of the Nigerian Content Development Board (NCDMB), Mr Simbi Wabote, says the painstaking implementation of the Nigerian Content Act has encouraged more local modular refineries to increase domestic refining.

Wabote explained that Waltersmith Modular Refinery, supported by the NCDMB in 2023, so far produced and sold over 170 million litres of petroleum products, amounting to about 3,000 trucks of petroleum products that would have been hitherto imported with scarce forex.

During the 12th Practical Nigerian Content Forum in Yenagoa on Tuesday, Wabote disclosed that site works for the expansion of the refinery to 10,000 barrels per day (bpd) capacity had started in September to further expand in-country refining.

The 12th edition of the Practical Nigerian Contest Forum has as its theme: Deepening Nigerian Content Amidst Divestments, Domestication and Decarbonisation.

It draws Stakeholders from oil and gas industry to discuss the progress of the local content in the country.

He said the technical operations data showed that the number of registered industry operators grew from 53 in 2018 to 114 in 2023, representing about a 100 per cent increase.

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He said within the same period, service companies increased from 8,000 to 11,000 while individual registrations increased from 140,000 to almost 400,000.

“Regarding our Commercial Ventures portfolio, we partnered with Waltersmith to establish a 5,000 bpd modular refinery in Ibigwe, Imo State.

This year alone, the refinery has produced and sold over 170 million liters or about 3,000 trucks of petroleum products that would have been hitherto imported using our scarce forex.

“I am pleased to note that site works for the expansion of the refinery to 10,000 bpd refinery commenced in September 2023.

“The three other modular refineries are being progressed to completion and start-up.

“For example, the financials, we are close to get the remaining funding for Azikel Refinery. It is nearing completion with the great support from AFREXIM bank,” Wabote said.

The Executive Secretary also explained that Dupont Refinery in Edo State was essentially completed, as the NCDMB was looking at the various options and offers to bring closure to the partnership in line with the board’s investment policy.

He said that in 2017, NCDMB launched its 10-year Strategic Roadmap aimed at increasing Nigerian Content in the oil and gas industry to 70 per cent by the year 2027.

Wabote recalled that NCDMB had rolled out five pillars and four enablers to drive the focus areas under the roadmap, each supported with short, medium and long-term initiatives.

He expressed delight that the journey had been transformational from where NCDMB started to the current point.

“We have completed 83 per cent of the 96 initiatives under the strategic roadmap, with focus now shifting to the remaining initiatives that require some heavy lifting to bring into fruition.

“With the support of the industry, our sponsors, principals, advocates, staff, contractors, host communities and even critics, the transformational impact of the delivery of these initiatives has been of resounding success.

“Under this pillar, we have transformed two of our portfolio of NOGAPS sites from bare land to industrial parks to support in-country manufacturing and assembly of equipment and input materials required for exploration and production activities.

“While these two NOGAPS sites are essentially ready for commissioning, we are keen to operationalise it by having manufacturing activities in place which is scheduled for first half of next year.

“Under the strategic roadmap, we set up a dedicated $50 million fund to co-finance industry research and development activities,” he said.

Minister of State for Petroleum (Oil), Sen. Heineken Lokpobiri, said the establishment of NCDMB brought a lot of positive changes in the oil and gas industry.

Speaking through the Permanent Secretary in the Ministry of Petroleum Resources, Amb. Gabriel Aduda, Lokpobiri said that Nigeria was committed to foster local content.

On his part, Gov. Douye Diri, commended the NCDMB for the developmental strides since it was created in 2010 to regulate oil firms, amongst others.

Diri was represented by Chief Gideon Ekeowe, Secretary to Bayelsa Government.

He said that Bayelsa and the country at large had benefited a lot in terms of human capital development, empowerment of individuals and communities. (NAN).

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Ex-Bauchi deputy governor dies at 69

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Former Deputy Governor of Bauchi State, Audu Sule-Katagum, is dead. He was 69.

His death was announced on Saturday by Shamsuddeen Lukman Abubakar, who served as his digital and creative media aide.

Katagum passed away in the early hours of Saturday. His death has drawn condolences from political leaders and traditional institutions across Bauchi State.

He served as deputy governor between 2018 and 2019 under former Governor Mohammed Abdullahi Abubakar. Before that, he was Chief of Staff at the Bauchi State Government House.

“Inna Lillahi Wa Inna Ilaihi Raji’un. It is with profound sadness that we announce the passing of Arch. Audu Sule Katagum, Wazirin Katagum and former Deputy Governor of Bauchi State,” Lukman said in a statement.

“The deceased passed away in the early hours of today after a life of dedicated service to his community, Bauchi State and the nation,” he added.

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Lukman said funeral arrangements would be announced by the family. He also prayed for the late deputy governor.

“May Almighty Allah forgive his shortcomings, grant him Aljannatul Firdaus, and give his family, friends and associates the fortitude to bear this great loss. Ameen,” the statement read.

Beyond politics, Katagum held the revered traditional title of Wazirin Katagum, a position that gave him strong influence within the Katagum Emirate.

He was the son of the late Alhaji Sule Katagum, Nigeria’s first Chairman of the Federal Public Service Commission, who also once held the Waziri title.

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Obi Donates Additional ₦25 Million to Shanahan University

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Mr. Peter Obi presents a cheque of ₦25 million to support Shanahan University, Onitsha.
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The Presidential Candidate of the Nigeria Democratic Congress (NDC), Mr. Peter Obi, has made a further donation of ₦25 million to support the development of Shanahan University, Onitsha, Anambra State.

Presenting the cheque, the Shanahan Hall of Holy Trinity Basilica, Onitsha yesterday, Mr. Obi reiterated his firm belief that investment in education remains one of the most effective ways of building a productive and prosperous society. He reminded the students that education is not merely about acquiring certificates but about developing the knowledge, character, and skills necessary to contribute meaningfully to society. He urged them to take their studies seriously and strive to become responsible leaders capable of transforming Nigeria for the better.

Speaking during the event, Rev. Fr. Basil Ekwunife, expressed profound gratitude to Mr. Obi for his continued concern for humanity and his consistent support for educational and social causes. He commended Obi’s remarkable energy, dedication, and commitment to nation-building, noting that such qualities have distinguished him in public life. According to him, Obi possesses the vision, discipline, and capacity required to lead the nation and deploy the same passion and energy he has demonstrated in private and public service for the good of the country.

The Vice-Chancellor of the University, Rev. Fr. Prof. Josephat Oguejiofor, also thanked Mr. Obi for his continued support for the institution. He recalled the numerous ways Obi has assisted the university since its inception, stressing that what makes his interventions particularly remarkable is that they often come without solicitation. He described Obi as a genuine friend of education whose actions consistently reflect his commitment to the advancement of society.

Prof. Oguejiofor explained that the vision of Shanahan University is to produce graduates who are not only academically sound but also morally upright and socially responsible. He emphasized that the institution is committed to nurturing individuals who will function optimally in society and contribute meaningfully to national development.

Mr. Obi was accompanied on the visit by Professor Chinyere Stella Okunna and Professor Patrick Obi, among others.

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Enugu Wins Infrastructure, IGR Awards at BusinessDay States Competitiveness Awards 2025

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…Mbah: Enugu has a lot of success stories to tell in 3 years

Enugu State has shone brilliantly at the BusinessDay States Competitiveness and Investment Readiness Awards (SCIRA) 2025, carting home the Infrastructure Development Competitiveness Award and Outstanding Performance in Internally Generated Revenue (IGR) Award.

Governor Peter Mbah, represented by the Commissioner for Works and Infrastructure, Engr. Ben Okoh and the Executive Chairman, Enugu State Internal Revenue Service (ESIRS), Mr. Emmanuel Nnamani, received the awards on behalf of the state government in Abuja, Thursday night.

Presenting the awards, the Publisher/CEO of BusinessDay Media Limited, said Governor Mbah had impacted public infrastructure in a way that goes beyond just playing politics.

“In the last six months, I have had the opportunity of travelling to Enugu three times. The first time I visited in January, my taxi driver was eager to take me around. That caught my imagination. I began to ask questions and I began to look around.

“One thing I found especially quite interesting was that Governor Mbah did not set aside everything that he met, which could have been a waste of public resources. He looked at what is good and he rebuilt them; the ones that were not completed, he completed them.

“Two things that struck me because I had to ask a question, where does he get the money? I saw good roads, and I don’t mean good roads in the major highways, I mean good roads even in the communities that are far away from the prime areas of the state capital, Enugu.

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“I thought that that is a very good example of a private sector person, who knows what to do with resources, because if you use resources well, you get more from little and that is what the governor has done. And for that, Governor Mbah is receiving this award. He has impacted public infrastructure in a way that goes beyond just playing politics,” he stated.

Speaking, Engr. Okoh thanked BusinessDay for recognising the Mbah Administration’s efforts at rewriting the narrative of the state, stressing that Enugu had a lot of success stories to tell in just three years.

He, however, described the awards as a motivation to do more, noting, “as the governor always says, you ain’t seen nothing yet.”

Okoh went on to reel out some of the achievements of the administration, saying that “Enugu State has witnessed an unprecedented infrastructural revolution, the type we have never seen since the advent of this present democracy in 1999.”

“Projects that were inherited even from governments that left office in 2007- for instance, the International Conference Centre, Mbah has completed it. Hotel Presidential, the flagship hotel of the old Eastern Region, and the Nigergas Company, which has remained moribund for over 30 years, have been revived.

“Being the commissioner for Works and Infrastructure in the state, I can stand here confidently to say that no government since 1999 achieved what Governor Mbah has achieved in three years.

“I can say that in terms of road construction, in just three years, we have done far more than double what any other government did in eight years. No government in Enugu since 1999 did up to 600Km of roads in eight years.

“Under Governor Mbah, we have 267 smart schools across the state and 260 Primary Healthcare Centres to our credit.

“We are developing the New Enugu City, a world-class smart city. The present Enugu City is about 14,000 hectares, while the New City is approximately 10,000 hectares. To put this in perspective, the New Enugu City is almost the same size as Paris, Milan or Barcelona, making it one of the largest planned urban developments in Africa.

The New Enugu City is also larger than Manchester or the entire Phase One of the Federal Capital City, Abuja, which comprises the districts of Asokoro, Maitama, Maitama Extension, Wuse I (Zone 1 – 7), Wuse II, Garki I (Area 1 – 11), Garki II, the Central Business District, Three Arms Zone, Guzape I, and Guzape II.

This is the first time a state in Nigeria would be undertaking an integrated infrastructure development, which is what we have in the FCT where all the facilities in the modern city are underground, and telecommunications lines- the fibre optics, the electrical cables, water pipes, everything is underground. It is not just a vision; the projects are already ongoing.

“There is no particular sector that Governor Peter Ndubuisi Mbah has not touched, be it tourism, security, agriculture, education or even transport sector where the administration floated Enugu Air, built five ultramodern transport terminals and launched over 150 CNG buses,” he said.

It is also recalled that the Mbah Administration has disrupted the state’s IGR space, where he used reforms and technology to grow the state’s IGR exponentially from N26.8bn in 2022 to N37.4bn in 2023, N180.5bn in 2024, and N406.7bn in 2025, with tax revenue accounting for just N51.5bn or 12.6 per cent of the 2025 IGR proceeds.

Meanwhile, BusinessDay is Nigeria’s leading business newspaper and the SCIA recognises and celebrates states that have demonstrated exceptional performance in governance, economic development, infrastructure delivery, investment promotion, and the creation of an enabling environment for businesses and citizens to thrive.

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