The Nigerian Content Development and Monitoring Board (NCDMB) has intensified efforts to attract Chinese investment, technology, and manufacturing capacity into Nigeria's oil and gas industry. The Board recently participated in the 15th China Shale Oil and Gas Summit in Chengdu, China, where it engaged over 100 Chinese Original Equipment Manufacturers (OEMs). This move aims to showcase Nigeria's local content framework and investment opportunities in manufacturing, technology, and broader oil and gas services.
NCDMB's Executive Secretary, Engr. Felix Omatsola Ogbe, represented by Engr. Austin Uzoka, delivered a keynote address at the summit, highlighting Nigeria's local content journey and opportunities for Chinese collaboration in oil and gas equipment manufacturing. Ogbe emphasized the need to move beyond the conventional buyer-seller model towards investment, manufacturing, technology transfer, and stronger integration into global supply chains. He assured that the Nigerian Oil and Gas Content Development (NOGICD) Act guarantees patronage for oil and gas equipment manufacturing facilities established in Nigeria.
The NCDMB is seeking to leverage China's strength in manufacturing, engineering, technology, and energy infrastructure to support Nigeria's industrial development. Ogbe identified the Nigerian Oil and Gas Park Scheme (NOGaPS) as a platform for industrial investment, encouraging Chinese OEMs to establish manufacturing, assembly, and service operations in Nigeria. This initiative offers opportunities for technology transfer, technical arrangements, and integration of Nigerian businesses into supply chains.
The summit provided a platform for Nigerian companies to showcase their capabilities, while Chinese manufacturers explored prospects for market entry, local production, and technical cooperation. A Business-to-Business (B2B) session organized by the Board drew participation from over 100 Chinese equipment manufacturers and Nigerian oil and gas industry stakeholders. This session aimed to explore opportunities in local manufacturing, supply-chain integration, investment, technology development, and market access.
Representatives of the Petroleum Technology Association of Nigeria (PETAN), Project 100, and Renaissance African Energy Company participated in the event. Engr. Olarenwaju Lanre Olawuyi of Renaissance African Energy Company made a presentation on behalf of the company and Oil Producing Trade Session (OPTS), noting the session provided an opportunity for Nigerian companies to showcase their capabilities.
The engagement generated significant interest among participating Chinese OEMs, with more companies expressing willingness to explore business relationships with Nigerian firms and participate in Nigeria's expanding oil and gas manufacturing ecosystem. The NCDMB booth at the summit attracted visitors, industry players, and prospective investors seeking information on Nigeria's oil and gas sector, local content opportunities, and avenues for establishing business operations in the country.
The NCDMB's participation in the summit reinforces its commitment to expanding Nigeria's international industrial connections and advancing the objectives of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. By connecting Nigerian businesses with global manufacturers and technology providers, the Board aims to advance the local content agenda, focusing on participation, capability, manufacturing, technology ownership, and regional competitiveness.
Key points
- NCDMB engages over 100 Chinese OEMs to attract investment and technology into Nigeria's oil and gas industry.
- The Board seeks to move beyond the buyer-seller model towards investment, manufacturing, technology transfer, and stronger integration into global supply chains.
- The Nigerian Oil and Gas Park Scheme (NOGaPS) is offered as a platform for industrial investment, encouraging Chinese OEMs to establish operations in Nigeria.
