Content Board, Nigerian Export-Import Bank Disburse $42m To Boost Indigenous Capacity

The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Export-Import Bank (NEXIM) have disbursed $42 million to small and medium enterprises as part of efforts to boost indigenous capacity and strengthen competitiveness in the energy sector.

The fund, which has exceeded its initial $30 million target, aligns with preparations for the Practical Nigerian Content (PNC) Forum 2025 scheduled to hold from December 1–4 at the Nigerian Content Tower, Yenagoa.

This year’s event, themed “Securing Investments, Strengthening Local Content, and Scaling Energy Production,” will bring together stakeholders to discuss ways of deepening local content development, improving collaboration, and promoting sustainable growth in the oil, gas, and broader energy industry.

The 14th edition of the programme will feature a series of high-level sessions focused on policy, investment, technology, and sector competitiveness.

The organisers said panel discussions would explore key issues such as improving project delivery efficiency, assessing progress 15 years after the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, building globally recognised centres of excellence, and leveraging innovation, digitalisation, and decarbonisation technologies to drive energy growth and localisation.
Over 750 delegates are expected at the forum, including more than 50 industry leaders, regulators, policymakers, and experts from across the energy value chain. Among the confirmed speakers are Senator Joel Onowakpo Thomas, Chairman of the Senate Committee on Local Content; Boma Goodhead, Chair of the House Committee on Local Content; Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil); Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas); and Senator John Owan Enoh, Minister of State for Industry.

Other speakers include NCDMB Executive Secretary, Engr. Felix Omatsola Ogbe; Special Adviser to the President on Energy, Olu A. Verheijen; Acting Deputy CEO of the Ghana Petroleum Commission, Nasir Alfa Mohammed; PTDF Executive Secretary, Ahmed Galadima Amiu; as well as top executives from TotalEnergies, Chevron, ExxonMobil, Shell, Aradel Holdings, Seplat Energy, PETAN, OGTAN, MAN, the Bank of Industry, and NEXIM Bank.

Speaking about the forthcoming event, conference producer at dmg Nigeria events, Olamide Oloko said the forum remains an important platform for fostering dialogue, innovation and partnerships within the energy sector. She noted that the 2025 theme underscores Nigeria’s commitment to positioning itself as a competitive investment destination while advancing the objectives of the NOGICD Act and recent Executive Orders.

As the industry marks 15 years of the NOGICD Act, PNC 2025 is expected to serve as a strategic platform for shaping policy direction, strengthening partnerships, and charting a clear roadmap for continued growth. The forum aims to deliver practical outcomes and long-term value for Nigeria’s energy sector and the wider global market.