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NIGERIAN LOCAL CONTENT GOVERNING BOARD ABUJA, Sept 04,2010 - President Goodluck Jonathan Friday at the Presidential Villa

inaugurated the Governing Council of the Nigerian Content Development and Monitoring Board. President Jonathan who spoke at the event directed members of the Governing Council to enforce strict compliance of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and ensure that Nigerian Content counts in all operations of the Oil and Gas Industry. He explained that the NOGICD Act he signed into law on April 22, 2010, which created NCDMB, with a professional Governing Council could propel Nigeria into becoming one of the world's industrialized economies in the next decade. According to Mr. President, the Petroleum Industry Bill (PIB) which will soon be passed by the National Assembly will restructure the regulatory framework of the Oil and Gas industry and introduce improved funding and commercial focus for the industry, while the Nigerian Gas master-plan will drive increased investment in the energy sector. The Governing Council has a four-year tenure and is chaired by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. Other members are Mr. Shawley Coker, representing Petroleum Technology Association of Nigeria, Mr. Emmanuel Bekee, representing the Technical Regulator of the industry and Dr J.T Dawha, representing Nigerian National Petroleum Corporation. Others are Engr. A.O Ajibola, representing Council of Registered Engineers of Nigeria, Prof. Mike Onyekonwu, representing Nigerian Content Consultative Forum, Dr Sani Shuaibu representing the Ministry of Petroleum Resources, Mr. Fola Daniel, representing National Insurance Commission and Engr. Ernest Nwapa, the Executive Secretary of NCDMB and Secretary of the Governing Council.