Nigeria's Nigerian Content performance in the oil and gas industry now exceeds 61 percent, compared with less than five percent in-country value addition before the Nigerian Content regime took hold. The Nigerian Content Development and Monitoring Board (NCDMB) has set a target of 70 percent by 2027. Nigerian companies now participate across segments of the value chain once dominated by foreign contractors, and Nigerian professionals increasingly hold technical, operational and executive positions historically occupied by expatriates.
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