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September 24, 2026

NCDMB Woos Chinese Manufacturers to Boost Nigeria’s Oil Industry

The Nigerian Content Development and Monitoring Board (NCDMB) has engaged more than 100 Chinese manufacturers as Nigeria steps up efforts to attract investment, technology and manufacturing capacity into its oil and gas industry.

The engagement is part of efforts to move beyond Nigeria’s traditional relationship with foreign companies as buyers and suppliers and encourage more companies to establish production and technical operations within the country. 

The NCDMB said greater participation by Chinese manufacturers could support local production of equipment and components required across Nigeria’s oil and gas value chain. Such investment could also create opportunities for technology transfer, skills development and employment for Nigerian workers.

The initiative comes as Nigeria seeks to deepen local content in the petroleum sector and reduce dependence on imported equipment and services. Increasing domestic manufacturing capacity could help Nigerian businesses participate more directly in major oil and gas projects.

The board’s engagement with Chinese manufacturers also reflects Nigeria’s broader push to attract foreign investment while ensuring that international companies contribute to the development of local industrial capacity.

The development comes at a time when Nigeria is seeking to increase crude oil and gas production and accelerate investments in new projects. Earlier on Thursday, the government reported that the country produced about 307 million barrels of crude oil and condensate between March and August 2026. 

For the oil and gas sector, attracting manufacturers into Nigeria could therefore become an important part of efforts to expand the industry beyond crude production and build a stronger domestic supply chain. 

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