PNC Forum 2026 to shape next phase of oil, gas growth

The 15th edition of the Practical Nigerian Content (PNC) Forum is expected to play a significant role in shaping the future of Nigeria’s oil and gas industry as stakeholders prepare for a new phase of local content implementation amid shifting global energy dynamics.

Scheduled to hold from November 30 to December 3, 2026, the Forum comes at a time when Africa is attracting increased global attention as countries and investors search for diversified energy sources amid ongoing geopolitical realignments.

Industry stakeholders say this presents Nigeria with an opportunity to deepen indigenous participation, strengthen industrial capacity and position local companies more competitively within the global energy market.

Organised by DMG Nigeria Events in partnership with the Nigerian Content Development and Monitoring Board (NCDMB), the PNC Forum has over the past 15 years evolved into one of the oil and gas sector’s most important platforms for reviewing the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and aligning industry priorities.

The significance of the 2026 edition lies largely in the industry’s need to move beyond compliance-driven local participation toward broader industrial growth, financing, execution capacity and regional competitiveness. Stakeholders are expected to examine how Nigerian Content can translate into long-term economic value through local manufacturing, enterprise development, technology transfer and job creation.

Industry data referenced by the organisers shows that Nigerian Content levels have risen from about 5 percent in 2010 to 61%, while indigenous producers now account for more than half of Nigeria’s oil and gas production. The Forum has also become a reference point for several African countries seeking to strengthen indigenous participation within their own energy industries.

The event is also expected to highlight the broader economic impact of the NCDMB’s 10-year roadmap, which has contributed to the creation of more than 50,000 jobs across the oil and gas value chain. Analysts say the focus on in-country value creation has helped stimulate local enterprise development and expand domestic technical capacity within the sector.

Speaking on the importance of the Forum, Felix Omatsola Ogbe, executive secretary of the NCDMB, described the gathering as a key platform for evaluating Nigeria’s local content journey while helping to shape the next stage of industry development.

According to the organisers, discussions at the 2026 edition will focus heavily on the Presidential Directive on Local Content, its impact on enforcement of the NOGICD Act, and the implications for investment, financing and domestic capacity growth.

Wemimo Oyelana, country director of DMG Events Nigeria, said the Forum has consistently provided a space where government officials, operators, indigenous companies, financiers and service providers can openly examine the industry’s most pressing local content issues.

“This edition will look closely at how the Presidential Directive on Local Content is shaping enforcement of the NOGICD Act, its implications for investment and in-country capacity development, and what the next phase of progress needs to look like,” Oyelana said.