The Nigerian Content Development and Monitoring Board (NCDMB) has cautioned operators in the midstream oil and gas sector to strictly adhere to the NOGICD Act 2010 or face severe penalties, including project suspensions and criminal prosecution.
During a sensitisation workshop held in Lagos, the Board’s technical team emphasized that the push for Nigerian content is moving beyond upstream operations to encompass the entire value chain.
The Board confirmed that NCEC processing is entirely free and warned that the use of middlemen or expired certificates will result in automatic disqualification from tenders.
Statutory requirements were further clarified, with the Board noting that any project valued at $1 million or above must submit a formal Employment and Training Plan.
The NCDMB also introduced the “Field Readiness Initiative” to address workforce gaps via the NOGIC JQS portal, which already hosts over 400,000 registered individuals.
The Board underscored that the Nigerian Content Compliance Commitment (NCCC) is a binding legal obligation rather than a simple record of past activities, and reminded engineering firms that they must hold corporate COREN accreditation to remain compliant.
TotalEnergies transfers Olo oilfield host community trust to Aradel Holdings
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has overseen the formal handover of the Olo Oilfield Host Community Development Trust (HCDT) from TotalEnergies to Aradel Holdings Plc.
This transition follows Aradel’s acquisition of the Olo/Olo West Marginal field within the former OML 58.
The trust is a key component of the Petroleum Industry Act (PIA), which mandates that operators dedicate 3% of their previous year’s operating expenditure to host community development.
To date, the Olo HCDT has successfully delivered over 100 infrastructure projects including water, electricity, and healthcare facilities benefiting more than 25,000 residents across the host communities.
TotalEnergies confirmed that all financial and operational obligations were fully met prior to the transfer date.
With the Commission’s regulatory consent, Aradel Holdings now assumes full responsibility for the trust, including the oversight of 40 ongoing community projects.