President Tinubu Boosts NCDMB With New Appointments

New Faces Join the NCDMB Governing Council

Listen up, everyone—President Bola Tinubu has just approved the appointment of four key individuals to join the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). This move is all about filling vacancies and making sure the board is stronger than ever. In a statement released on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu is clearly showing his commitment to bolstering the board's capacity.

Who Are These New Appointees?

Now, let’s break it down. The President has approved the nominations of some really qualified folks. First up, we’ve got Mr. Olusegun Omosehin from the National Insurance Commission (NAICOM). Then there’s Engr. Wole Ogunsanya, representing the Petroleum Technology Association of Nigeria (PETAN). But that’s not all—President Tinubu also gave the green light to Mazi Sam Azoka Onyechi, who’s representing the Nigerian Content Consultative Forum (NCCF), and Barrister Owei Oyanbo, coming to the table from the Ministry of Petroleum Resources. These are all individuals with serious expertise, and they’re stepping in to replace previous institutional representatives who’ve moved on.

Understanding the NCDMB Governing Council

Let me explain a bit more about the NCDMB Governing Council. It was established under Section 69 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010. The council is made up of representatives from some major institutions, including the Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian National Petroleum Company Limited (NNPCL), and a few others like the Petroleum Technology Association of Nigeria (PETAN), the Council for the Regulation of Engineering in Nigeria (COREN), the Nigerian Content Consultative Forum (NCCF), and the National Insurance Commission (NAICOM). President Tinubu is encouraging these new members to use their skills and dedication to really push forward local content development in Nigeria’s oil and gas industry. This is a big deal, folks.

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Tinubu’s Government Pushes Back on Dangote Refinery Claims

Now, let’s shift gears a bit. The Presidency has come out strong to refute claims that the government under President Bola Tinubu is somehow against the Dangote Refinery. You might’ve heard that last Wednesday, the Dangote Group said its refinery would stop selling petrol in naira. They blamed the expiration of a deal they had with the federal government through the Nigeria National Petroleum Company Limited (NNPCL). But wait—there’s more.

Speculation or Fact?

Chinedu Ukadike, the spokesman for the Independent Petroleum Marketers Association of Nigeria (IPMAN), said the end of this so-called naira-to-crude deal is based on speculation. He pointed out that the federal government is trying to figure out why it should sell crude oil to Dangote in naira when imported petrol can be sold at ₦775. That’s a pretty important question, right?

Arise News Fires Up the Debate

On Wednesday, Arise News anchor Oseni Rufai made some bold statements on air. He claimed that Nigeria’s government is the force holding back Dangote Refinery’s progress. He went on to say, “But for every great advancement, there must be a force that wants to pull it down. And sadly here, the force is the Nigerian government. Make it possible for Dangote to buy crude in Naira.”

President Tinubu’s Team Weighs In

Not so fast, says the Special Adviser to the President on Public Communication, Daniel Bwala. He strongly disagreed with Rufai’s claim. Bwala pointed out that Dangote Refinery’s success is due in large part to the support it’s received from the current administration under President Tinubu. He emphasized that Rufai’s statement was “sensational, baseless and downright stupid” to suggest that the Nigerian government wants to bring Dangote refinery down.

Bwala reminded everyone about the Federal Competition and Consumer Protection Act (FCCPA) of 2018 and the regulator’s responsibility to ensure competition and prevent monopoly or market dominance. He added, “There may be a crisis of confidence in that industry, but the reason Dangote refinery is a success today is because of the support of this government.”

In conclusion, President Tinubu is clearly focused on strengthening local content development in Nigeria’s oil and gas sector while also ensuring fair play in the market. These moves are all about progress, folks, and that’s something we can all get behind.

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