National Economy
Wednesday, May 14, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

As Concerns Mount Over Minister’s Meddling In NCDMB Affairs  

by Abiodun Sivowaku
1 year ago
in Business, Features
Reading Time: 2 mins read
Minister
Share on FacebookShare on TwitterShare on Telegram

In the heart of Nigeria’s oil and gas industry, tensions are escalating between Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, and Felix Ogbe, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), raising alarm over managerial decisions and organisational independence.

Recent developments within the NCDMB have exposed a clash of interests between Senator Lokpobiri and Ogbe, particularly regarding staff reshuffling and other crucial administrative matters. Sources close to the situation have disclosed that Senator Lokpobiri has issued a stern warning letter to Ogbe, citing violations of established regulations.

Documents obtained outline Senator Lokpobiri’s argument that the NCDMB Act did not empower the executive secretary to reassign or appoint managerial personnel. Instead, Senator Lokpobiri contends that such prerogatives squarely belong to the Board, which he chairs, for overseeing NCDMB management

The discord deepens as Ogbe recently announced significant personnel changes, including managerial redeployments, a move Senator Lokpobiri deemed inconsistent with the NCDMB Act. In response, Senator Lokpobiri has instructed affected staff to maintain their previous positions, effectively nullifying Ogbe’s directives.

You May Like

2025 Summit: Stakeholders Set To Unlock Investment In Africa’s Media Industry

Trump Family’s Bitcoin Firm To Go Public

Senator Lokpobiri had recently inaugurated the NCDMB’s governing council, chaired by himself, to supervise strategic decisions. Ogbe, serving as the council’s secretary, now finds himself at odds with the council’s leader regarding the extent of his authority within the organisation.

According to a source, “Do you know that the minister of state asked a junior staff of the ministry to call for a meeting tomorrow? “The secretariat is domiciled in the executive secretary’s office. The minister should ask him to call for the meeting and not inviting him through a Junior.”

In contrast, Executive Secretary Ogbe has commended President Bola Ahmed Tinubu’s issuance of three Presidential Executive Orders, aimed at incentivising the Nigerian oil and gas industry. Ogbe highlights the directives’ importance in promoting local content development, reducing contracting costs, and enhancing project execution efficiency.

Meanwhile, a Niger Delta-based group, Concerned Niger Delta Group (CNDG), has urged President Bola Tinubu, to intervene in the alleged interference of Lokpobiri, with the Nigerian Content Development and Monitoring Board (NCDMB), leading to significant organisational challenges.

President of CNDG, Trueson Ogiri, in a statement, referenced recent concerns stemming from a purported heated dispute between NCDMB’s secretary, and the minister over staff redeployment, while accusing the latter of intruding into the organisation’s internal affairs, particularly in matters within the purview of the NCDMB secretary.

According to the group, the minister’s actions raise doubts about his intentions and the potential repercussions for the institution.

The NCDMB, responsible for enforcing policies to boost Nigerian content in the oil and gas industry, is seen as pivotal to the country’s efforts to enhance indigenous participation and economic growth.

Ogiri asserted that the minister’s involvement in staff redeployment decisions undermines the NCDMB’s autonomy and independence, as the secretary, tasked with overseeing the organisation’s day-to-day operations, has purportedly been overruled on multiple occasions when attempting to make staffing changes based on merit and organisational requirements.

The group also accused Lokpobiri of influencing decision-making by imposing his preferred candidates for specific positions without adequate justification.

Such interference, the group argued, undermines the NCDMB’s effectiveness, efficiency, and its ability to fulfill its mandate.

“Qualified and experienced employees for key roles are reportedly being overlooked, leading to demotivation and reduced productivity within the organisation. The NCDMB plays a critical role in regulating and developing local content in the oil and gas sector, thus its decision-making processes must adhere to competence, transparency, and established rules,” Ogiri added.

 

Tags: Nigerian Content Development and Monitoring Board (NCDMB)
ShareTweetShare
Previous Post

Detained Nigerian Binance Executive’s Spouse Seeks US Intervention

Next Post

HMOs Decline Recapitalization, Cite Worries Over Government Control

ANOTHER GOOD READ

2025 Summit: Stakeholders Set To Unlock Investment In Africa’s Media Industry
Business

2025 Summit: Stakeholders Set To Unlock Investment In Africa’s Media Industry

22 hours ago
Trump Family’s Bitcoin Firm To Go Public
Business

Trump Family’s Bitcoin Firm To Go Public

22 hours ago
Court Grants EeZeeTee N20m Bail Over Alleged $255,000 Forex Fraud
Business

Court Grants EeZeeTee N20m Bail Over Alleged $255,000 Forex Fraud

5 days ago
NiMeT Prediction: Kwara Gov’t Issues Advisory To Farmers, Residents
Business

NiMeT Prediction: Kwara Gov’t Issues Advisory To Farmers, Residents

7 days ago
JUST-IN: Suspected Sea Pirates Abduct 13 Persons In Rivers
Business

JUST-IN: Suspected Sea Pirates Abduct 13 Persons In Rivers

7 days ago
African Startups Raise $343m In April
Business

African Startups Raise $343m In April

1 week ago
Next Post
HMOs Decline Recapitalization, Cite Worries Over Government Control

HMOs Decline Recapitalization, Cite Worries Over Government Control

Most Recent

 How Social Media Shapes Youth Mental Health in Nigeria

 How Social Media Shapes Youth Mental Health in Nigeria

May 14, 2025

Recapitalisation: 10 Banks Report N1.83trn Pre-tax Profits Ahead Of  Deadline

May 13, 2025
NOG Energy Week: Leaders, Policymakers To Discuss Investment, Security

NOG Energy Week: Leaders, Policymakers To Discuss Investment, Security

May 13, 2025
NIMASA To Disburse $700m Cabotage Fund to Shipowners At Low Interest

NIMASA To Disburse $700m Cabotage Fund to Shipowners At Low Interest

May 13, 2025
Federal Gov’t Confirms Repayment Of $3.4bn COVID-19 IMF Loan

Federal Gov’t Confirms Repayment Of $3.4bn COVID-19 IMF Loan

May 13, 2025
UK Introduces Electronic Travel Authorisation For Non-European Visitors

UK Unveils Immigration Reforms To Curb Overseas Hiring

May 13, 2025
Federal Gov’t Okays N1.2trn For Roads, Power, Aviation Projects

Federal Gov’t Okays N1.2trn For Roads, Power, Aviation Projects

May 13, 2025
Japa: UK Ends Recruitment Of Foreign Care Workers

Japa: UK Ends Recruitment Of Foreign Care Workers

May 13, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy