Nigeria’s efforts to strengthen local participation in the oil and gas industry will take center stage as the Federal Government partners with dmg Nigeria to host the 15th edition of the Practical Nigerian Content (PNC) Forum later this year.
The event, organized in collaboration with the Nigerian Content Development and Monitoring Board (NCDMB), will bring together major stakeholders from across the energy sector to assess the progress made in local content development and discuss priorities for the future.
According to the organizers, the forum will serve as an important platform for reviewing the impact of Nigeria’s local content policies and examining how recent government directives are shaping the industry. Discussions will focus particularly on the Presidential Directive on Local Content and its role in strengthening the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.
The gathering is expected to attract senior government officials, regulators, oil and gas operators, indigenous service providers, manufacturers, financiers, and other industry leaders. Participants will evaluate how existing policies have influenced investment, industrial development, and value creation within Nigeria.
Organizers noted that the 2026 edition comes at a significant time for the energy industry. As Nigeria marks 15 years of implementing local content initiatives, stakeholders are also facing new challenges driven by changing global energy trends, evolving investment demands, and the need to improve domestic capacity.
A key objective of the forum is to assess how local content can move beyond regulatory compliance and become a stronger driver of competitiveness, industrialization, financing opportunities, and collaboration across the oil and gas value chain.
Over the years, the PNC Forum has become one of the industry’s most important platforms for evaluating local content performance and identifying practical steps to deepen indigenous participation in the sector. The organizers stated that the forum has consistently helped align industry players on strategies that promote sustainable growth and local value creation.
Nigeria has recorded significant progress since the launch of its local content agenda. Industry data shows that local content participation has increased from about five percent in 2010 to approximately 61 percent today. In addition, indigenous companies now account for more than half of the nation’s oil and gas production.
These achievements have positioned Nigeria as a leading example of local content development in Africa. Several countries on the continent are increasingly studying Nigeria’s approach as they seek ways to boost local participation and encourage industrial growth within their own energy sectors.
The organizers also highlighted the success of the NCDMB’s 10-year strategic roadmap, which has contributed to the creation of over 50,000 jobs. The roadmap has supported initiatives focused on developing local businesses, increasing in-country value addition, and expanding domestic industrial capacity.
Speaking on the importance of the upcoming forum, NCDMB Executive Secretary Felix Omatsola Ogbe said the event will provide an opportunity to review the country’s achievements, address emerging challenges, and identify practical solutions for sustaining growth in local content performance.
Similarly, Wemimo Oyelana emphasized that the PNC Forum has remained a valuable meeting point for stakeholders responsible for driving Nigerian Content implementation. He noted that the 2026 edition will closely examine the impact of the Presidential Directive on Local Content and explore new strategies for attracting investment, strengthening local participation, and building sustainable industrial capacity in Nigeria and across Africa.
As the industry prepares for the landmark event, expectations are high that the discussions will help shape the next chapter of Nigeria’s local content success story.
