The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has charged managers of Africa’s extractive industry to adopt some of the local content initiatives that have worked well in the oil and gas industry as they seek to develop the mineral and mines sector to deliver optimal value for their economies.

Particularly, he charged them to integrate local capabilities and resources into the delivery of opportunities and projects in a safe and environmentally responsible manner to achieve a high level of economic success, unfettered freedom to operate, improved health standards, and longer life expectancy.

He was equally emphatic on the need to develop standards and legislation on acceptable and best practices for local content to guide operations in that sector.

In a keynote address at this year’s African Natural Resources and Energy Investment Summit in Abuja on Thursday, the NCDMB boss, represented by the Director, Corporate Services, Dr. Ama Ikuru, stated that once the standards are in place, local content could support the use of human capital, materials, tools, financial resources, intellectual property and processes.