NCDMB Calls for Innovation of Local Content in Oil & Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) hosted a webinar entitled, “Innovating for the Future of Nigeria’s Oil & Gas Industry and its Linkage Sectors” on May 14, 2020 to announce a new program called BrentPlus. The goal is to develop a 10-year plan to promote the development of innovative solutions in the O&G sector.

LOCOMeX Founder & CEO Ayo Jemiri understands the historical significance of this program, because over 20 years ago, he was a beneficiary of local content policy when he worked on a major pipeline infrastructure project in the Niger-Delta region of Nigeria. Also, 10 years ago, he advocated and was involved in local content when he collaborated with NCDMB to implement the Nigerian Content Act. Since then, he has worked with the government to drive change that affects now-flourishing local communities.

“It has been an honor working with Engr Ernest Nwapa the pioneer Executive Secretary of NCDMB. I’m looking forward to collaborating with Engr Simbi Wabote, to continue the improvement of communities through the hiring of local businesses. The BrentPlus program will usher in a new era of innovation and collaboration. Our online platform technology, LOCOMeX is designed to allow these businesses to sustainably participate, monitor progress, and track their results. NCDMB may use the LOCOMeX Platform’s “API Connector & Integration Gateway” to integrate the existing NOGICJQS portal with our innovative artificial intelligence (AI) powered “DivedIn” product. It will add value for local content-compliant resource planning & analysis, and local content-compliant spend forecasting. NCDMB may also use our cloud-based “Invoice Tracker” for grant fund administration & tracking invoice-to-pay (I2P) workflows, in order to automate regulatory compliance reporting of local content spend within the Oil 8 Gas and linkage industry. This should improve transparency, create sustainable supplier diversity within the local content ecosystem, mitigate illegal use of non-complaint manpower supply, and ensure the success of the BrentPlus program, in alignment with the NCDMB mission.”

-Ayo Jemiri, MSc, MBA, PMP, CEP

The BrentPlus program contains the following initiatives:

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How LOCOMeX can help Philly’s biggest institutions create a more equitable post-coronavirus region

In the article, “Buy local: How Philly’s biggest institutions can help create a more equitable post-coronavirus region,” J’nelle Lawrence and Jeff Hornstein explain how minority small businesses are “bearing the brunt” of the COVID-19 epidemic. Anchor institutions, from hospitals to major corporations, spend billions of dollars per year outside the region. How can those dollars stay in Philly? One way is through the PAGE initiative: an effort to create a platform for aggregating demand and going local.

Here is the core challenge from the article:

Yet there is a bottleneck on the “supply” side. Too many local firms simply lack the capacity and access to the right kinds of capital to achieve scale and compete for institutional contracts.

J’nelle Lawrence and Jeff Hornstein

Getting Organized

The authors explain how the system needs to organize– so true, and so relevant for many localities across the USA. The LOCOMeX online platform can be the go-to place for overcoming many obstacles mentioned. Here is how:

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Ayo Jemiri of LOCOMeX Participates in Focus Group with NYC Office of Diversity Initiatives

Over the past five years, Scott M. Stringer, NYC Comptroller, Office of Diversity Initiatives, has spearheaded an agency-by-agency review of MWBE spend in New York City, with the Office of Diversity Initiatives. “MWBE Making the Grade Publication: New York City Agency Report Card on Minority- and Women-Owned Business Enterprises” reports on the progress made in 2019 and the history of supplier diversity in NYC. All agencies either matched or improved their status from previous years; yet, Stringer states that there is much room for improvement.

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