. Holds 2nd edition of the NCDMB R&D Fair and Conference Sept.9
UGO AMADI
In a bid to boost the deepen Research and Development in the nation, the Board of Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans unveil a $50 Million R&D Fund utilization protocol at the 2nd edition of the NCDMB Research and Development Fair and Conference.
Also, the Honorable Minister of State for Petroleum Resources, His excellency, Chief Timipre Sylva will be launching the NCDMB 10-year R&D roadmap as well as commission the Technology Innovation and Incubation center established by the Board to facilitate innovation and incubation of ideas for market adoption
The Executive Secretary of NCDMB, Engr, Simbi Wabote disclosed this at a media parley in Lagos with Energy editors, while announcing the NCDMB R&D fair & conference which will take place ,September 9,2021 in Bayelsa .
According to him ,the theme of the conference is : “Creating Sustainable Collaboration in Research and Development for the Energy Sector”, and the conference will be a hybrid participation in compliance with COVID-19 protocols and it promises to feature presentation of Research breakthroughs, panel discussion on R&D pillars of success and a special feature on how Nigeria can adopt a sustainable acceleration program for launching innovative ideas into the market
The ES said the board will be Signing a memorandum of understanding to establish R&D Centers of Excellence in five (5) universities – Federal Universities of Technology in Minna, Akure and Owerri, Niger Delta University Amasoma and Modibbo Adama University of Technology Yola
He said ‘’We are hosting the 2nd edition of the NCDMB R&D fair to bring together industry stakeholders, academia, and researchers towards achieving a common agenda on R&D as a pillar for sustainable local content development.
He stressed that the maiden edition of the R&D Fair was organized in 2017 where Research breakthroughs were exhibited, and linkages were facilitated between Researchers and end-users in the Oil and Gas Industry. Since the successful hosting of the maiden edition, significant progress has been made in elevating the industry collaboration on R&D, including Development of frameworks for supporting research breakthroughs to products for industry application.
He said affirmed that over 20 Researchers are benefiting from the Board’s intervention, since the Inauguration of Technical Advisory Board on Nigerian content Research and Development Fund .
It could be recalled that the NCDMB was established in 2010 with the mandate to develop the capacity of the local supply chain for effective and efficient service delivery in the oil and gas industry. Promote value addition in Nigeria through enforcement of utilization of Nigerian-made goods, services, and manpower in oil and gas activities and Facilitate home-grown technology and innovation through the nurturing of local Research and Development (R&D) capabilities.
In the light of the pivotal role of Research and Innovation in the development of indigenous technology, NCDMB has placed high premium on R&D oversight as a critical enabler in achieving the Board’s aspiration of 70% local content by 2027
Also, Section 67 of the NOGICD Act 2010, mandates the Board to conduct workshops, conferences, seminars, symposia, and other public fora to enhance the implementation of the provisions of the NOGICD Act 2010.
Interested members of the public and Nigerians in the Diaspora are encouraged to log on to the link http://ncdmb.gov.ng/rdfair2021/ to register and attend this important conference.
