A partnership forged by the Nigerian Content Development and Monitoring Board (NCDMB) and Nigerian Maritime Administration and Safety Agency (NIMASA) will offer opportunities to Nigerians in the marine services in the oil and gas industry
The two agencies, Nigerian Content Development and Monitoring Board (NCDMB) and Nigerian Maritime Administration and Safety Agency (MIMASA) will offer Nigerians opportunities in marine services in the oil and gas industry as they plan to reconcile overlapping functions and achieve their objective of capital retention and in-country value addition in the marine sector in the oil and gas industry.
Both agencies attending a recent joint committee meeting in Lagos recently in order to discuss the management of these objectives. The committee was inaugurated by Executive Secretary of NCDMB Simbi Wabote and the Director General of NIMASA. Dr Dakuku Peterside.
Section 105 of the Nigerian Oil and Gas Industry Content Development Act 2010 states that “NCDMB in conjunction with NIMASA shall have powers to enforce compliance with relevant Sections of the Coastal and Inland Shipping Act (Cabotage Act) in relation to matters pertaining to Nigerian Content Development.”
The Act also provides for first consideration for Nigerian goods and services, and stipulates targets from 45 per cent spend on supply vessels to as much as 90 per cent spend for supply of Very Large Crude Carriers and Towing of Oil and Gas infrastructure.
