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Nigeria serving as an example in Local Content Policy for other African countries

During a recent Media Engagement meeting held in Abuja, Nigerian Content Development & Monitoring Board (NCDMB) Executive Secretary, Engr. Simbi Wabote expressed his opposition towards the creation of multiple Local Content Boards.
According to him, “the NCDMB can modify its templates to suit other sectors. In our view, this is the prudent way to expand and entrench local Content regime in Nigeria.” The National Assembly plans to develop the extant Local Content Act 2010 to include other sectors of the economy for further domiciliation of contracts.
All signs now point to Nigeria strengthening its Local Content implementation and serving as an example in Local Content Policy for other African countries. Celebrating the successes of the Nigerian Oil and Gas Industry Content Development Act 9 years after its implementation, the industry now confronts new prospects of growth.
Nigeria – having just signed the African Continental Free Trade Agreement (AfCFTA) – is one of the latest African nations to join the entity of 54 African Union States that seek to reduce the economic barriers in pursuit of creating an Africa-wide customs union.
Engr. Wabote also perceives joining the entity as a source of benefits for local oil and gas service companies without threatening national sovereignty.
He said “if you take the population of Africa and the potential market and given the general level of development of countries, the sky is the limit for any manufacturer that makes the right investment, has the right quality and partnerships.”
A focus on shortening the contracting cycle, sectorial and market linkages and effective monitoring of local content delivery in the country has characterized Nigeria’s Local Content agenda in recent years.
Communicating the plan for further Nigerian Content development will be the priority at the 9th Practical Nigerian Content Forum. Engr. Simbi Wabote will join over 600 industry stakeholders at the four-day Practical Nigerian Content Forum on 2 – 5 December in Yenagoa, Bayelsa, Nigeria. The Forum is recognised as the leading platform to engage government and industry players from across the value chain to maximise business opportunities and increase Nigerian Content implementation. Convene with senior government representatives and the entire oil and gas value chain to discuss the keys to unlocking the industry’s potential through Nigerian Content at the 9th Practical Nigerian Content Forum.
News
Nigeria Has Lost One of Its Brightest Minds in Olunloyo – Rep Oseni

Chairman of the House of Representatives Committee on Federal Roads Maintenance Agency (FERMA), Engr. Aderemi Oseni has expressed deep sorrow over the passing of former Oyo State Governor, Dr. Omololu Olunloyo, describing his death as a monumental loss to the people of Oyo State and Nigeria at large.
In a condolence message made available to the press on Sunday, in Ibadan by his media aide, Idowu Ayodele, the lawmaker eulogised the late elder statesman as a distinguished scholar, consummate public administrator, and one of Nigeria’s most intellectually gifted leaders whose legacy would continue to inspire generations.
Dr. Olunloyo, who served as governor of Oyo State during the Second Republic, was reported dead at the age of 89. He was widely respected for his brilliance, administrative acumen, and unmatched depth in mathematics and public discourse.
Oseni noted that the late governor’s contributions to the development of Oyo State, particularly in the areas of education, governance, and intellectual engagement, are indelible footprints in the sands of time.
“We have lost a gem. Dr. Olunloyo was not just a leader, he was a father figure and a repository of wisdom. His demise is a personal loss to me and all lovers of progress and excellence in our society,” he stated.
While commiserating with the Olunloyo family, the people of Ibadan, and the entire Oyo State, he prayed for the peaceful repose of the departed soul and urged all to take solace in the rich and impactful life he lived.
News
Oseni Congratulates Ajewole, Others on CCII Mandate Renewal

Member representing Ibarapa East/Ido Federal Constituency in the House of Representatives and Chairman, House Committee on Federal Roads Maintenance Agency (FERMA), Engr. Aderemi Oseni has extended his heartfelt congratulations to Chief Sulaimon Ajeniyi Ajewole and other members of the Central Council of Ibadan Indigenes (CCII) executives on their re-election.
Chief Ajewole was returned as the President-General of the apex Ibadan socio-cultural association, alongside other members of the executive council, who were all given the mandate to continue piloting the affairs of the association for another two-year term.
In a congratulatory message issued through his media aide, Idowu Ayodele, Oseni described the re-election of the Ajewole-led team as a reflection of the trust and confidence reposed in their leadership by the Ibadan indigenes at home and in the diaspora.
He commended the CCII leadership for its unwavering commitment to the progress, unity, and cultural advancement of Ibadanland while expressing optimism that the renewed mandate would further propel the association to greater heights.
“The re-election of Chief Ajewole and his team is not only a testament to their sterling performance over the last term but also an affirmation of their capacity to continue serving the interest of Ibadan indigenes. I extend my warmest congratulations and best wishes for a more impactful tenure,” he said.
The lawmaker further assured the CCII of his continued support for any initiative geared towards the development of Ibadanland and the preservation of its rich heritage.
The CCII is renowned for its pivotal role in mobilising Ibadan sons and daughters towards the socio-economic development of the65 ancient city and beyond.
News
Ex-Oyo Governor, Olunloyo, Passes On at 89

The political and academic communities in Nigeria were thrown into mourning on Sunday following the death of Dr. Victor Omololu Olunloyo, a former governor of the old Oyo State.
Dr. Olunloyo, a distinguished mathematician, seasoned politician, and elder statesman, died in the early hours of Sunday after reportedly battling age-related ailments. He was aged 89 and would have clocked 90 in about three months.
Born into the aristocratic Olunloyo family of Ibadan, the late statesman made history in 1983 when he was elected governor of the old Oyo State under the platform of the National Party of Nigeria (NPN). His tenure, however, was short-lived as the military coup of December 1983 abruptly ended the Second Republic and consequently his time in office.
Known for his brilliance and sharp intellect, Olunloyo was widely regarded as the first and only individual to have ruled Ibadan as a distinct administrative unit before the restructuring of states in Nigeria.
A family source who confirmed his passing described his final weeks as a period of intense struggle with age-related health complications.
“The family is currently in mourning and will make burial arrangements public in due course,” the source said.
More details to follow…
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