President Bola Ahmed Tinubu has approved the nomination of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), a move aimed at reinforcing the board’s capacity to drive local content growth in Nigeria’s oil and gas industry.

The new appointees include Mr. Olusegun Omosehin from the National Insurance Commission (NAICOM), Engr. Wole Ogunsanya of the Petroleum Technology Association of Nigeria (PETAN), Mazi Sam Azoka Onyechi representing the Nigerian Content Consultative Forum (NCCF), and Barrister Owei Oyanbo from the Ministry of Petroleum Resources.

These appointments follow the exit of previous institutional representatives, ensuring the council remains fully constituted and capable of fulfilling its mandate. The NCDMB Governing Council, established under Section 69 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010, plays a crucial role in overseeing and promoting Nigerian participation in the oil and gas sector.

The council comprises representatives from key institutions, including the Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian National Petroleum Company Limited (NNPCL), COREN, PETAN, NCCF, and NAICOM.

In making these appointments, President Tinubu has urged the new members to apply their expertise and dedication to enhance local content development. The move aligns with the administration’s commitment to economic growth and job creation in the oil and gas sector.

The special adviser to the president on Information and Strategy, Bayo Onanuga, announced the appointments in an official statement, highlighting the strategic importance of these new council members in driving Nigeria’s local content objectives.