NEWS
Oil Industry Investments Not Stifled by Local Content, Says Nwapa
From Mike Tayese, Yenagoa
The Nigerian Content Academy Lecture Series organised by the Nigerian Content Development and Monitoring Board (NCDMB) got off to a thought-provoking start on Friday with a panoramic overview of local content strategy and implementation in the Nigerian oil and gas industry and a word of caution to industry players to not trifle with the initiative.
In a presentation on the topic “Staying the Nigerian Content Course in the Midst of Delivery Challenges,” the pioneer Executive Secretary of the NCDMB, Dr. Ernest Nwapa, addressed several industry issues, dismissing the notion that the absence of final investment decisions (FIDs) in the country’s oil and gas sector over a period of time was caused by stringent implementation of local content policies by the NCDMB.According to him, “There are many government policies that are affecting FIDs.” He admitted that the oil and gas industry stakeholders face “an increasingly complex environment shaped by global energy trends, shifting investment patterns and heightened expectations for local participation and value addition.”On suggestions that the future of local content policies is under intense scrutiny, Dr. Nwapa, a one-time Group General Manager, Nigerian Content Division of the Nigerian National Petroleum Corporation (2005-2010) noted that such unfounded fears had always been advocated by some industry stakeholders averse to the idea of local content.He drew attention to some unhealthy trends in the oil and gas industry, noting that “there are unintended ambiguities in the Presidential Directives” introduced in February 2024. Such ambiguities, he pointed out, need to be addressed by stakeholders.He regretted that the ambiguities in the Presidential Directives have created systemic problems, and that there has to be “institutional adjustment to re-enact the authority in the NCDMB directives.” He decried what he described as “lack of respect for the authority of the NCDMB within some industry stakeholder groups,” arguing that “When the Board writes a letter and says this is what stands on Nigerian Content, nobody questions it.” Continuing, he declared, “If you challenge a letter from the NCDMB, it wouldn’t stand.”He said it is wrong for any agency to put aside a letter from the Board and continue doing things in its own way. Dr. Nwapa, a fellow of the Nigerian Society of Engineers (FNSE), pointed out that Nigerian Content has been a national aspiration with mixed results since the Nigerian economic development model was conceived.According to him, statutes like the Petroleum Act, 1969, the Joint Venture (JV) agreements, the Petroleum Technology Development Fund (PTDF), and creation of NAPIMS, all had been conceived to achieve some measure of local content.There was also the Coastal and Inland Shipping (Cabotage) Act, 2003. But all these were incomparable to the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010.In his words, “Our young engineers, our young technicians now have places to go to acquire practical skills” because a lot of projects are going on in the country.For specifics, he declared, “If you look at the number of Nigerians that worked in Egina at the Integration Yard [SHI-MCI Fabrication and Integration Yard, Tarkwa Bay, Lagos], it’s not something you can just underestimate. So we need to know there are serious consequences for failure of what we’ve started.”Dr. Nwapa argued that “Things around high costs of local content…are things that we have to continue to work on to see how we can have them reduced.” He argued further that if you don’t start practising local content and get your people involved, the costs gap will be wider and wider, “so it’s either you decide to bite the bullet right now and use activities within your local economy to drive the costs to competitive levels or you can forget about it and not do it at all.”He advised that the cost of projects needs to be evaluated on a project-by-project basis and handled strategically by the Board. He insisted that “NCDMB has “the power to do that, working with the industry players,” who would provide the information and matrices. Dr. Nwapa also advised that the Nigerian Content Academy, a division of the NCDMB, should be “a place where we test theories, and we go outside to the field and have strong workshop discussions and analysis, and proffer practical recommendations,” which could be taken to the NCDMB Executive Secretary or right up to The Presidency.When the moderator of the Lecture Series and Director of the Academy, Dr. Ama Ikuru, asked for questions and comments from participants, Simeon Ogari, Nigerian Content Manager of SEPLAT Energy Limited, sought to know why there is Nigerian Oil and Gas Industry Content (NOGIC) Joint Qualification System (JQS) and a parallel JQS operated by NIPEX [Nigerian Petroleum Exchange].Nwapa said the situation had been so for some time but that it has not disrupted industry activities, and that differences could be sorted out in time. Other participants who sought clarifications include Mr. Isoboye Amachree, of Oando PLC, Kamselem Mohammed and Naboth Onyesoh, Director, Legal Services, of NCDMB.The Nigerian Content Academy Lecture Series are held weekly and are intended to raise awareness of trends and issues in the oil and gas industry, and thus empower Nigerians to take full advantage of economic opportunities in that sector.NEWS
Ijaw Traditional Rulers, elders suspend INC elections
- From Seyi Tayese, Yenagoa
The National Conference of Ijaw Traditional Rulers and Elders (N-CITRE-INC) has suspended the Ijaw National Congress (INC) elections till further notice.
The N-CITRE, after its meeting in Yenagoa deliberated extensively on all issues that led to the impasse in the INC elections, including petitions received.
The group, therefore, unanimously agreed to suspend the conduct of the INC elections and directed the electoral committee to stop all forms of electoral duties.
N-CITRE, which is empowered by the INC constitution to resolve all disputes, has also set up a seven-man Dispute Resolution Committee (DRC) to investigate all petitions.
The resolutions read in part ‘’ That the elections into the National Executive Council of the Ijaw National Congress (NE-INC), which were rescheduled for Monday, 13th April, 2026, by the National Electoral Committee, Ijaw National Congress(N-ELECO-INC), have been temporarily suspended until N-CITRE directs further after all pending disputes have been settled. N-CITRE-INC, as the appointing authority for N-ELECO-INC, also holds the constitutional power to resolve all disputes within the Congress
‘’ Consequently, N-ELECO-INC has been directed to stop performing any electoral functions until otherwise subsequently directed by N-CITRE.’’
The N-CITRE has directed the DRC to resolve the lingering dispute and probe all petitions, including the petitions against the n-ELECO- INC.
The DRC is headed by HRM, King Bubaraye Dakolo Agada IV, Ibenanaowei of Ekpetiama Kingdom, Chairman of Bayelsa Traditional Rulers Council, and Chairman of N-CITRE.
Other members are HRM, King Dr. Brig-Gen Bright Ateke Fiboinumama (Rtd), Chief Dr. Silas Eneyo (representing Eastern Zone), Dr. Loveth Ige (representing Central Zone), HRM, Pere Luke Kalanama III, HRM, Dr. Ekiomi Oweigbe John (Gbisa I) representing Western Zone, and Zonal Chairman of N-CITRE.
N-CITRE, which reminded all stakeholders of the principle of honesty that guides the Ijaws, therefore appealed for cooperation to achieve peace.
NEWS
Experts Advocate Digital Economy, Governance Reforms as Pathway to Inclusive Growth
By David Torough, Abuja
Stakeholders at the 2026 Academic Staff Union of Polytechnics (ASUP) International Conference in Bida have called for urgent adoption of digital economy strategies and strengthened governance systems as critical tools for achieving inclusive and sustainable growth in developing nations.
Delivering the lead paper at the conference held at the Federal Polytechnic Bida, Professor Jonathan Atsua Ikughur emphasized that while technological advancement has transformed global systems, many developing countries, including Nigeria, have yet to fully harness its benefits due to weak institutions and inconsistent policy implementation.
He contrasted the inefficiencies of the past—marked by long banking queues, unreliable communication systems, and risky cash transactions with the current opportunities offered by digital innovation, noting that such advancements can significantly reduce economic and social costs.
Ikughur stressed that development must be viewed beyond mere economic growth, encompassing equitable resource distribution, improved living standards, and social well-being.
He warned that without deliberate planning and strong governance, many nations risk remaining trapped in poverty, inequality, and economic stagnation.
Painting a sobering picture of Nigeria’s development challenges, he cited high poverty and unemployment rates, weak institutional capacity, corruption, and overreliance on borrowing as major constraints to growth despite the country’s abundant natural resources.
The professor identified poor infrastructure, weak judicial systems, lack of transparency, and low investment in human capital as common features of many developing economies.
He urged policymakers to adopt data-driven strategies that integrate digital innovation with governance reforms to drive long-term prosperity.
Complementing this perspective, a research paper presented by Dr. Bolaji Tunde Matemilola highlighted the growing impact of digital financial inclusion on firms in emerging economies.
The study, which examined 475 firms across 15 countries, found that digital financial inclusion significantly boosts firms’ access to credit and drives business growth by reducing borrowing costs and information gaps.
However, the study also raised concerns about rising corporate debt levels, noting that while increased access to finance supports expansion, it may pose sustainability risks if not properly managed.
In his keynote address, Niger State Commissioner for Local Government and Chieftaincy Affairs, Hon. Muazu Hamidu Jantabo, described the digital economy as both a policy imperative and a generational opportunity for Africa.
He noted that digital transformation, when supported by strong governance, can reduce transaction costs, enhance transparency, and expand economic participation.
Jantabo highlighted ongoing reforms in Niger State, including investments in broadband infrastructure, digital literacy programmes, and e-governance systems aimed at improving service delivery and accountability.
He stressed that digitalization must be inclusive, warning that uneven access—particularly in rural areas—could deepen existing inequalities.
He further underscored the role of local governments as critical drivers of grassroots digital transformation, noting ongoing efforts to digitize administrative processes, improve revenue systems, and strengthen community engagement.
Earlier in his welcome address, ASUP Bida Chapter Chairman, Comrade Kolo Joshua, described the conference theme as timely, noting that the combination of digital economy and good governance remains essential for sustainable development in developing nations.
Across presentations, speakers converged on a common message: that digital transformation alone is insufficient without strong institutions, transparency, and accountability.
They called for coordinated efforts among governments, academia, and the private sector to align innovation with inclusive policies.
“The task before us is not just to embrace change,” Ikughur noted, “but to deliberately harness it for the collective good.”
NEWS
Digital Economy, Good Governance Key to Unlocking Inclusive Growth in Developing Nations — Expert
By David Torough, Abuja
At the 2026 Academic Staff Union of Polytechnics (ASUP) National Conference held at the Federal Polytechnic Bida, Professor Jonathan Atsua Ikughur delivered a compelling call for developing countries to embrace the digital economy and strengthen governance systems as essential drivers of inclusive and sustainable growth.
Presenting his lead paper, the statistician from Joseph Sarwuan Tarka University, Makurdi, reflected on the rapid transformation brought about by technological advancement, contrasting today’s digital ease with a past marked by inefficiencies—long banking queues, unreliable telecommunications, and risky cash-based trade journeys.
According to him, these historical constraints imposed heavy economic and social costs that digital innovation now has the capacity to eliminate.Ikughur argued that while change is inevitable, developing countries like Nigeria have yet to fully harness the transformative power of digitalization due to weak institutional frameworks and inconsistent development planning.
He emphasized that development must go beyond economic growth to include equitable distribution of resources, improved living standards, and social well-being.
Citing global perspectives, the professor described development as a multidimensional process encompassing economic, social, cultural, and political progress.
He warned that without deliberate policies and long-term planning, countries risk remaining trapped in cycles of poverty, inequality and stagnation.
Highlighting Nigeria’s development indicators, Ikughur painted a sobering picture: high poverty rates, unemployment, population pressure, and weak institutional capacity continue to hinder progress.
He noted that despite abundant natural resources, poor governance, corruption, and lack of economic diversification have limited the country’s growth potential.
The paper identified key characteristics of many developing nations, including weak judicial systems, lack of transparency, inadequate infrastructure, and low investment in human capital and innovation.
These challenges, he said, are compounded by poor policy implementation and overreliance on borrowing.
Ikughur stressed that sustainable development requires a balanced approach that integrates economic growth, environmental protection, and social inclusion.
He pointed to the United Nations Sustainable Development Goals (SDGs) as a global framework guiding nations toward poverty reduction, improved health and education, climate action, and inclusive economic participation.
According to him, digital technologies can play a pivotal role in achieving these goals by improving service delivery, enhancing transparency, and fostering innovation.
He however, warned that without good governance, characterized by accountability, strong institutions, and anti-corruption measures, the benefits of digital transformation may not be fully realized.
He urged policymakers, academics and stakeholders to develop clear, data-driven national strategies that align digital innovation with governance reforms.
Such efforts, he said, are crucial for building resilient economies, reducing inequality, and ensuring long-term prosperity in developing countries.
“The task before us,” Ikughur noted, “is to understand the changing world and deliberately harness its opportunities for the collective good.”

