Sign in Subscribe
Ex-presidents

Former President Jonathan Commends National Assembly for Passing the Nigerian Content Bill

Strategic Insights

— 1 min read

Former President Goodluck Jonathan has credited the former National Assembly for the passage of the Nigerian Oil and Gas Industry Content Development (NOGGICD) Act 2010, stating that it was a time when the National Assembly was vibrant and truly an independent legislature. Jonathan made this assertion after receiving the Nigerian Content Lifetime Achievement Award at the Champions of Nigerian Content Awards 2025, held in Yenagoa, the Bayelsa State capital.

Key Takeaways:

  • The Nigerian Oil and Gas Industry Content Development (NOGGICD) Act 2010 was passed in 2010, when the National Assembly was vibrant and truly an independent legislature, according to former President Goodluck Jonathan.
  • The law has since improved the upstream sector of the Nigerian oil and gas industry, with a growth of 56% after 15 years, from a low of just 5% local capacity utilisation.
  • The law was signed into effect in April 2010, after President Jonathan established the Nigerian Content Development and Monitoring Board (NCDMB) to implement the policy.
  • Jonathan recalled his visit to China in 2000, where he witnessed firsthand how China had liberated itself from Western domination in its oil sector, with most of its oil industry needs being manufactured locally.
  • The former president solicited that lawmakers who initiated the Local Content bill at the National Assembly, particularly Senator Lee Maeba, be recognized for their contributions.
  • NCDMB's Executive Secretary, Mr. Felix Ogbe, was commended by Jonathan for keeping the local content flag flying and for keeping the vision of the law intact.

Statistics:

  • 56% growth in the upstream sector of the Nigerian oil and gas industry after 15 years, from a low of just 5% local capacity utilisation.
  • April 2010: President Jonathan signed the Nigerian Content Bill into effect.
  • 2000: Former President Jonathan's visit to China showed him how China had liberated itself from Western domination in its oil sector.
  • 15 years of implementing the NOGGICD Act 2010.
  • 5% local capacity utilisation at the inception of the law.
  • 56% local capacity utilisation after 15 years of implementing the law.

Sources:

  • [1] THISDAY, Nigerian's newspaper of record.
  • [2] The Nigerian Content Lifetime Achievement Award (2025).
  • [3] An address by former President Goodluck Jonathan, Yenagoa, Bayelsa State, 2025.
  • [4] NCDMB, Nigerian Content Development and Monitoring Board.

Read more