KEYNOTE ADDRESS THREAD
"It is gratifying that the push for Nigerian Content as envisaged in our 10-year Strategic Roadmap has continued to yield results in the last 5 years. Out of the 96 initiatives under the strategic roadmap, we have completed 77." - ES @wabote_simbi, #PNC2022
"It is gratifying that the push for Nigerian Content as envisaged in our 10-year Strategic Roadmap has continued to yield results in the last 5 years. Out of the 96 initiatives under the strategic roadmap, we have completed 77." - ES @wabote_simbi, #PNC2022
it is my pleasure to announce that the 2022 Nigerian Content level in the Nigerian oil and gas industry is 54% based on our monitoring and evaluation of industry activities which bring the average in the last 5 years to 44% Nigerian Content level.
Once again, this performance is well above the minimum target of 42% NC set for 2022 by the Board’s Project Management Office (PMO) just like we outperformed the 38% NC target set for 2021 by achieving 42% Nigerian Content.
The top-3 performers of in-country spend in 2022 are Fabrication and Construction at 99% NC, Manpower at 81% NC, and Project Management at 80% NC.
The bottom-3 performers are Procurement at 34% NC, Engineering at 46% NC, and Services at 50% NC.
The bottom-3 performers are Procurement at 34% NC, Engineering at 46% NC, and Services at 50% NC.
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