The Nigerian Content Development and Monitoring Board (NCDMB) has secured approval to work with select partners to produce Liquified Petroleum Gas (cooking gas) that would meet 10 percent of current nationwide demand. Minister of State for Petroleum Resources, Chief Timpre Sylva, with Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote visiting exhibition booths at the recently…
Commissions ultra-modern valve assembling plant The Nigerian Content Development and Monitoring Board (NCDMB) has secured approval to launch a US$50 million fund for NOGAPS Manufacturing Product Line. This fund would be dedicated to companies that would operate in the Nigerian Oil and Gas Parks and engage in the manufacturing of equipment components used in…
By Ikenna Omeje The Petroleum Technology Association of Nigeria (PETAN), in partnership with the Nigerian Content Development and Monitoring Board (NCDMB), will lead discussions on local content at the sixth Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), which is scheduled to hold in Lagos from 22 – 24 February, 2022. At this year’s…
The Nigerian Content Development and Monitoring Board (NCDMB) has tasked the media to engage in investigative journalism to expose non-compliance of players to the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. The General Manager, Corporate Communications & Zonal Coordination of NCDMB, Dr. Ginah O. Ginah, gave the charge at a Nigerian Content capacity…
The Nigerian Content Development and Monitoring Board (NCDMB) has said that out of the $20.4 billion industry spend on key projects between 2016 and 2020 in the Nigerian oil and gas industry, 42 per cent local content was achieved. The aggregate industry spending, which was captured from the projects covered by the Board’s Monitoring…
By Ikenna Omeje The Nigerian Content Development and Monitoring Board (NCDMB) has tasked the media to engage in investigative journalism to expose non-compliance of players to the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. The General Manager, Corporate Communications & Zonal Coordination of NCDMB, Dr. Ginah O. Ginah, gave the charge at a…
By Ikenna Omeje, Jerome Onoja According to a 2010 report by Accenture, “The golden era of easy oil is over.” The report noted that “Today the rules of the game have changed: developing local economies, stimulating industrial development, increasing local capability, building a skilled workforce and creating a competitive supplier base—also referred to as local…
Technological advancements in the African oil and gas industry and proceeds from operations will play significant roles in industrializing the continent and actualizing the goals of the African Continental Free Trade Agreement (AFCFTA), the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. He spoke…
Indigenous service companies in the Nigerian Oil and Gas Industry have been advised to invest in asset ownership because it is a major yardstick used by the Nigerian Oil and Gas Industry Content Development (NOGICD) Act to define Nigerian companies and confer advantages on them. The Executive Secretary, Nigerian Content Development and…
Managing Director of PE Energy Limited, Engr. Daere Akobo showcasing the facilities in PE Energy’s Centre of Excellence to the Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB) Engr. Simbi Kesiye Wabote and other guests at the commissioning on Friday. The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB) Engr. Simbi Kesiye Wabote on…
