Solewant Group Hails FG, NCDMB on Local Content Implementation

 Ejiofor Alike

A leading indigenous oil and gas services provider, Solewant Group has hailed the federal government and the Nigerian Content Development and Monitoring Board (NCDMB) on the implementation of the local content law in the oil and gas industry.
The company has also lauded the NNPC Upstream Investment Services (NUIS) for its support for local contractors.

Addressing journalists in Port Harcourt at the weekend, the Group Managing Director of Solewant Group, Sir Solomon Ewanehi, stated that the implementation of the Nigerian Content Law by the NCDMB has raised the local content in the oil and gas industry.

“NCDMB has over the years assisted the Nigerian companies to build capacity, capability and competence. NUIS has also supported indigenous contractors,” he said.
Ewanehi spoke during a  briefing heralding the Solewant Group’s 8th Energy Summit scheduled to hold on November 29 at Solewant Industrial Area, Alode Eleme, Onne, Rivers State.
The theme of the summit is: ‘Pioneering Technology and Innovation for Transition to Sustainable Energy Development in Africa’.

According to the Solewant Group’s CEO, the participation of indigenous facilities and manpower in the oil and gas industry has increased significantly through the efforts of the NCDMB and NUIS.
He noted that this has generated employment opportunities for Nigerians, curbed capital flight and increased the country’s Gross Domestic Product (GDP) to boost the economy.
Ewanehi stated that all is now set for the global oil and gas industry leaders, including academics, innovators, and technology providers to  gather in Rivers State on November 29 for the company’s summit where industry experts will explore ways to boost Nigeria’s crude oil and gas production to ensure energy security.

He said the discussions would lead to improvements in the energy sector in the areas of growth and efficiency, particularly in Africa.
Represented by the Executive Secretary of Training Institute, Port Harcourt, Dr. Benjamin Ubleble,  the Solewant Group’s CEO said the discussions would also help drive technological innovation in Nigeria and Africa at large.

According to him, the summit is built around three key objectives: driving technological innovation, strengthening policy and regulatory support, and fostering collaborative partnerships.

Ewanehi said: “Our aim is to spark discussions that can lead to measurable improvements in our energy sector, exploring not only ways to boost oil production but also how to enhance the sustainability, security, and resilience of our energy infrastructure and the environment. This aligns with the government’s vision to establish Nigeria as a strong and reliable energy producer.”

According to him, this year’s summit aligns with President Bola Tinubu’s vision to establish Nigeria as a strong and reliable energy producer.

“With its focus on driving growth, sustainability, and partnerships, Nigeria is poised to take a significant step towards achieving its energy goals,” Ewanehi added.