Local Content

………it is the 2nd oil facility blow out since last November An oil production ship belonging to Shebah Exploration & Production Company, has exploded off the coast of Nigeria. The company said in a statement that thought the vessel…

……….Petrol subsidy payments gulped N1.43 trillion in 2021 The Federal Government has sparked a debate after announcing a reversal on the removal of fuel subsidies. The Finance Minister, Zainab Ahmed, said that the decision arose from…

Well, some people may argue that because Nigeria is a crude oil-producing nation then it is good to expect the citizens not to pay what other people pay for refined petrol and other products, but crude oil is not as novel as it was when we…

Contrary to obviously sponsored reports in the social media yesterday that the executive secretary of the Nigerian Content Development Monitoring Board (NCDMB), Engr Simbi Wabote did not file his assets at the Nigeria Code of Conduct…

Like many, I’m really excited at the gargantuan Dangote Refinery in Ibeju-Lekki, Lagos State, reputed as the second largest refinery project in the world. I share the great excitement of the President, African Development Bank, Dr.…

Nigerian Content Development and Monitoring Board (NCDMB) has said that it is expecting delegates from 18 countries, 140 financial institutions and 400 participants from around Africa during the Africa Local Content Investment Forum…

…….. Denies Ude's motion 7 times……..Pointblanknews.com to provide reporters names It became one loss too many for Mr. Jackson Ude, editor-in-chief, Pointblanknews.com last week, as a US court pronounced Engr. Simbi Kesiye Wabote,…

By Chibisi Ohakah, Abuja The Nigerian Content Development and Monitoring Board (NCMDB) has commenced the first phase of developing the Brass Island Terminal in Bayelsa state. The facility is designed to carry out repairs and…

By Reuben Abati The economics, mathematics, cost and politics of oil theft point in one direction: the need for the country to put in place a strong surveillance mechanism. The lead story in This Day newspaper of December 30, 2021…

By Sunday Elom Nigerian’s House of Representatives has reassured the Nigerian Content Development and Monitoring Board (NCDMB) on its resolve to strengthen the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, through the…

……….As Nigeria’s oil rig count drops by 38% Chibisi Ohakah, Abuja There are indications that Nigeria would likely build additional oil reserves, capable of leading to increased production capacity in the coming years. This is even as…

By Sunday Elom The Nigerian Content Development and Monitoring Board (NCDMB) said it is partnering with Butane Energy Limited to build Liquefied Petroleum Gas (LPG) bottling plants and depots in eight northern states including Kano,…

By Chibisi Ohakah, Abuja Governors of North East of Nigeria, under the aegis of North East Governors’ Forum (NEGF), have called on the country’s federal government to complete the Kashimbila and Dadin Kowa hydro-electric power projects.…

By Sunday Elom The Hydroelectric Power Producing Areas Development Commission (HYPPADEC) has announced strategies it is adopting towards dealing with the peculiar challenges facing identified 150 hydropower host communities in Nigeria. …

By Chibisi Ohakah, Abuja Nigeria’s Accountant General, Ahmed idris (FCNA) has pledged the support of his office to the quest by the newly established Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), to succeed…

…….Bemoans Reps silence over Nembe oil spill By Kenechukwu Obiajuru, Yenagoa The governor of Bayelsa state, Senator Douye Diri, has described the Nigerian Content Development and Monitoring Board (NCDMB), as the only functional…

Chairman, Nigeria’s House of Representatives Committee on Nigerian Content Development and Monitoring, Legor Idagbo, has said his committee is ready to expand the definition and consequence of the local content portfolio beyond oil and…

……Says Oil, Gas Remain Dominant Amidst Global Push for Cleaner Energy By Kenechukwu Obiajuru, Yenagoa Nigerian Content Development and Monitoring Board (NCDMB) has said that it has commenced the deployment of the $50 million it set…

..……..more plants slated for Abuja, Kano, Kaduna, Katsina, and Bauchi States, with 6 depots in Zamfara, Jigawa, Gombe, Plateau, Niger & Nasarawa states A 100metric tons, liquefied Petroleum Gas (LPG) Storage and Bottling Plant has…

By Chibisi Ohakah Dangote Oil Refining Company has awarded scholarships to students of 137 tertiary institutions and secondary schools from its host communities in Ibeju Lekki, Lagos State, being part of its Corporate Social…