NCDMB empowers Project 100 beneficiaries with technical skills
The Nigerian Content Development and Monitoring Board (NCDMB) has equipped beneficiaries of its Project 100 initiative with advanced technical skills, positioning them to lead in the Nigerian oil and gas services sector.
The initiative, which focuses on capacity-building, aims to enhance the capabilities of Nigerian professionals and foster greater regional collaboration with counterparts in Ghana and across West Africa within the energy industry.
The beneficiaries, however, called on NCDMB and the Ministry of Petroleum Resources to transition and institutionalise the Project 100 initiative as a sectoral working group to enhance its impact and ensure its long-term sustainability within the oil and gas industry.
The beneficiaries announced this after a series of impactful capacity-building initiatives organized by the NCDMB and its partners to empower indigenous oil and gas service companies for greater contributions and influence within the industry.
According to some participants, the recently concluded training sessions were pivotal in fostering growth, driving innovation, and equipping local businesses to compete effectively on a global scale.
Launched in 2019 with an initial cohort of 60 companies and expanded in 2021 to include 40 more, Project 100 remains a cornerstone of NCDMB’s mission to deepen local content, empower entrepreneurs, and catalyze innovation in Nigeria’s energy sector.
The initiative identifies, mentors, and scales high-performing indigenous companies, transforming them into key contributors to national economic growth.
In a recent three-day training session, Project 100 beneficiaries were equipped with tools to forge strategic alliances and partnerships. The program emphasized collaboration as a means to boost value addition, scale operations sustainably, and secure competitive advantages in the oil and gas industry.
CEO of SPROVAB Nigeria Ltd, Bode Ogundipe, has commended the Nigerian Content Development and Monitoring Board (NCDMB) for its unwavering support of indigenous companies.
Speaking on the sidelines of the transformative partnership and alliance workshops in Lagos, Ogundipe lauded the dedication of the Executive Secretary of NCDMB, Engr. Felix Ogbe and his team in advancing local content initiatives.
Ogundipe advocated for Project 100 to evolve into a sectoral working group, emphasising its potential to shape industry policies and practices focused on targeted and transnational enablement for Nigerian businesses.
“This initiative is not just about supporting companies but creating a platform for policy innovation and strategic alignment that advances Nigeria’s local content agenda,” he stated.
Managing Director of Hull Inspection Services Ltd, Engr. Uchenna Duaka commended NCDMB for the Project 100 initiative, and emphasised its potential to deliver transformative changes if fully implemented.
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