President Bola Tinubu has approved the appointment of Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), as the co-chairman of the NCDMB governing council.
The Nigerian Content Development and Monitoring Board (NCDMB) is charged with increasing local content for job creation, boosting the domestic private sector, facilitating technology transfer, and building a competitive local workforce.
The new appointment is in line with Mr Tinubu’s commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the country.
A statement by presidential spokesman Ajuri Ngelale said this was also to ensure further effective oversight of the gas aspect of the nation’s assets.
Mr Ngelale said the president remains committed to unlocking Nigeria’s immense gas potential to stimulate industrial development, job creation, and sustainable economic growth.
