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Nigeria boosts local content in oil & gas sector by 28% to 54%, says NCDMB boss

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Nigeria has doubled local provision of manpower and resources in its mainstay oil and gas industry since 2017, closing in on its target of 70 percent by 2027, the industry regulator said on Monday.

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According to the head of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, the country has lifted the level of local input for the domestic oil and gas sector to 54 percent last year from 26 percent in 2017, when the 10-year target was set.

Foreign workers and overseas suppliers still account for more than half of key white-collar jobs, engineering, materials, and maintenance work after the government fell short of a previous target to boost local input to 70 percent by 2010.

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