By Ikenna Omeje The Chief Operating Officer of Miccom Cables, Olubukola Adubi has lauded the Standards Organisation of Nigeria (SON) and the Lagos State Consumer Protection Agency (LASCOPA) over their recently announced collaboration to stamp out counterfeiting and peddling of substandard products from the market. She said this whilst speaking at a courtesy visit of…
By Jerome Onoja Okojokwu-Idu The Chief Executive Officer of B.G Technical Limited, Geoff Onuoha, has suggested that the Nigerian Content Development and Monitoring Board (NCDMB) could collaborate with the Petroleum Technology Association of Nigeria (PETAN) to have a pan-African bidding platform for African oil and gas services companies. Onuoha gave the suggestion while making a…
By Ikenna Omeje Participants at the just concluded Nigerian Content Midstream and Downstream Oil and Gas Summit organized by the Nigerian Content Development and Monitoring Board (NCDMB) have beckoned on the Central Bank of Nigeria (CBN) to create a unique window of forex access to facilitate seamless operations of modular refineries in the Nigerian oil…
Jerome Onoja Okojokwu-Idu The Bayelsa State Government is offering incentives to attract investors in the gas value chain by making land acquisition easy and seamless as well as providing support on a project by project basis. The Governor of the state, Senator Douye Diri, disclosed this at the Annual Sub-Saharan African Conference 2022 and Energy…
Jerome Onoja Okojokwu-Idu The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has charged African countries to take advantage of the opportunities and platform that the African Continental Free Trade Area (AfCFTA) provide to develop local content on the continent. Wabote gave the charge in a presentation at the…
Jerome Onoja Okojokwu-Idu As the global push towards energy transition intensifies, the Chairman, Platform Petroleum Limited, Mr Dumo Lulu-Briggs, has said that examining the peculiarity of Africa, the continent was not ready for the 2050 Net-Zero target. Africa is home to over 600 million people without access to electricity and 900 million people without access…
By Ikenna Omeje The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has said that the regulatory role of the Board is not to stifle the oil and gas industry, but to create enabling environment for businesses to thrive. Wabote said that the Board is dedicated to the development…
By Jerome Onoja Okojokwu-Idu First Marine and Engineering Services has announced a massive capacity expansion that would effectively improve its service delivery and client satisfaction. The company, which is a wholly registered Nigerian firm, was incorporated in 1991 with business interest in Engineering, Procurement, Construction and Installation, Drilling, Dredging and Logistics services. It carries out…
By Ikenna Omeje Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75% of the expected amount of gas produced by Russia in 2022, according to Rystad Energy research. In early March, the European Union announced it aims to reduce its dependence…
The Dangote Group has indicated interested to invest in steel production, to support local industries and save Nigeria foreign exchange. The Group Managing Director Dangote Group, Olakunle Alake, disclosed this during a panel session at the Africa Finance Corporation (AFC) Infrastructure Solutions Summit held in Abuja recently. A robust steel sector is essential in an…
