The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to introduce a landmark procurement policy aimed at curbing foreign sourcing and prioritising locally available goods and services in Nigeria’s oil and gas sector.
Unveiled during the Nigerian Content Seminar at the Nigeria Oil and Gas Energy Week in Abuja, the policy — known as the ‘Nigeria First Policy’ — mandates that no product or service will be imported if a local alternative exists and meets industry standards.
According to the Executive Secretary of NCDMB, Felix Ogbe, the move is designed to drive industrial growth, deepen economic resilience, and enhance the country’s energy independence.
“This policy is rooted in a principle of national pride and strategic economic planning. We want to ensure that Nigerian businesses come first in procurement decisions,” Ogbe stated.
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The policy aligns with Section 3(1) of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, which emphasises first consideration for Nigerian goods and services. To support implementation, NCDMB will conduct a baseline study to assess the capacity of local service providers and manufacturers of industry consumables.
Ogbe added that the ‘Nigeria First’ approach would be embedded in all stages of the board’s regulatory processes, including the approval of Nigerian Content Plans and Compliance Certifications.
Industry stakeholders at the seminar welcomed the policy, highlighting its potential to strengthen domestic value chains and create more opportunities for local suppliers in the oil and gas ecosystem.
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