What do you believe is the single most important factor driving up the cost of living in Nigeria?

According to a statement, the MoU is valid for three years and it is centred on the desire to build synergies through information sharing and transfer of skills of mutual interest and benefits.

Under the MoU, the NCDMB will offer PCG strategic advice and guidance in the areas of laws, frameworks, knowledge exchange, procedures for baseline study, data collection on capacities that exist in Ghana, design of strategic plan for local content implementation in Ghana and other capacity development initiatives.

The MoU, it was said, would also foster collaboration, provide opportunity for global experience, and facilitate the advancement of knowledge, leading to local content development in the upstream petroleum sector.

“In addition, NCDMB will offer technical support in the development of the framework in the formulation of regulations and policies for PCG Local Content laws.

“On NCDMB’s side, the MoU was signed by the Executive Secretary, Felix Ogbe, represented by Director of Monitoring and Evaluation, Mr Abdulmalik Halilu, and the Director of Legal Services, Mr Naboth Onyesoh, while the Executive Secretary/Chief Executive Officer of Petroleum Commission, Ghana, Mr Egbert Fabille, and the acting General Counsel, Nana Akua Agyei, signed on behalf of their organisation,” the statement read partly.

• Read More