Final answer:
NPDC must engage in support initiatives once SMEs are identified, which can include providing funding, advisory services, and integrating SMEs into their supply chain, as well as offering training and skills development.
Step-by-step explanation:
The action that NPDC (Nigerian Petroleum Development Company) must take once SMEs (Small and Medium-sized Enterprises) are identified could involve a series of support initiatives. Potential actions could include providing access to funding, advisory services for business development, and creating opportunities for these businesses to be integrated into the NPDC's supply chain. Initiatives may also aim at capacity building, which involves training and skill development tailored to the needs of the SMEs. Importantly, the NPDC should evaluate the SMEs' capabilities and needs in order to provide targeted support that facilitates their growth and contribution to the local economy. The NPDC ties into Nigeria's broader economic development strategies and policies, encouraging local content and boosting indigenous participation in the oil and gas sector.