NCDMB, Renaissance To Collaborate On Energy Security In Africa

The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to supporting energy growth in Nigeria and across Africa.

The executive secretary of NCDMB, Engr. Felix Omatsola Ogbe, stated this yesterday when he received a high-powered delegation of the Renaissance Africa Energy Company Limited, in his office at the Nigerian Content Tower (NCT) in Swali, Yenagoa.

Ogbe explained that the main mission of the Board is to become a leader in Africa’s energy sector and to help make energy secure and available for industrial development in the region.

He expressed total support for the vision and long-term plan of Renaissance African, a consortium that concluded the acquisition of the onshore oil assets of Shell Petroleum Development Company (SPDC) in March 2025.

The executive secretary commended the company’s emphasis on Nigerian Content and plans to establish a foothold in other countries across Africa, assuring the delegation that NCDMB would provide their company with “double enabling environment” in support of its growth in Nigeria and abroad.

RELATED

My Good Plans For Oyo, Yorubaland Unshaken — Alaafin

15 minutes ago

Kwara Gov Approves Recruitment Of More Medical Workers

1 hour ago

Earlier the managing director and chief executive officer of the company, Dr. Tony Attah, thanked the executive secretary for the warm reception, assuring him and the NCDMB Management, “We are ourselves Nigerian Content – we’re wholly Nigerian.”

On the company’s long-term plan, he said, “We invest in Nigeria, but represent Nigerian Content across Africa…. Our mission is to be the African leader in energy but most importantly to enable energy security, to enable industrialisation.”

In his own remarks, the chairman of the Renaissance Group, Dr. Layi Fatona, recalled that the NCDMB had been very supportive to the SPDC in the past, and that it was their expectation that the new company which has acquired the assets of the Anglo-Dutch giant would continue to enjoy the same relationship.

The general manager, Corporate Communications and Zonal Coordination of the NCDMB, Barr. Esueme Dan Kikile, in a brief comment noted that the vision of the NCDMB aligns with that of Renaissance, and that the two organisations would be able to collaborate productively to advance local content.

Renaissance Africa Energy Company Limited is a consortium comprising four leading indigenous oil companies, namely, ND Western Limited, Aradel Holdings, FIRST Exploration and Petroleum Development Company Limited (FIRST E&P), and Waltersmith Group, and an international energy company known as Petroni.