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Local Content
NCDMB Commence Disbursement of $40m Women in Energy Fund
Nigerian Content Development and Monitoring Board (NCDMB) has commenced consideration of applications for the disbursement of the $40million Women in Energy fund endowed in partnership with the Nigerian Export Import Bank.
Already the…
NEXIM Explains Conditions for the $40m Women in Energy Fund
The Nigerian Export Import Bank (NEXIM) has explained that the $40million Women in Energy Fund packaged in collaboration with the Nigerian Content Development and Management Board (NCDMB) is a loan, and not a grant.
Providing an update…
Wabote Urges Hydrocarbon Nations to Jettison the Haste to Abandon Fossil fuel
The western world has been criticized for what is described as the attempt to demonize or de-market other energy sources as well as extracting commitments and setting unrealistic deadlines for countries to abandon fossil fuels
Speaking…
NCDMB, NAICOM Seal New Insurance Pact for Oil and Gas Industry
Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) have signed joint guidelines that will compel oil and gas companies operating in Nigeria to patronize local insurance companies.
…
Varsities Low in Human Capital Required in Oil Sector – Wabote
Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, has said that Nigerian tertiary institutions have fallen short in the aspect of human capital development required for the oil and gas…
Africa Must Be Strategic With Exploitation of Natural Resources – NCDMB Boss
African nations, especially oil producing nations, have been urged to devise strategic means of exploring and exploiting natural resources for the benefit of the continent.
Speaking at the on-going Nigerian-African Natural Resources…
NCMDB Highlights Its Upcoming Partnerships, Capacity Building Projects
The Nigerian Content Management and Development Board (NCDMB) has catalogued its contributions to the President Muhammadu Buhari energy transition plan.
Speaking during a 2-Day Stakeholders Summit held recently in Lagos, the executive…
Buhari’s Refining Roadmap to Fetch Nigeria 1.4mbpa Within 5yrs – NCMDB boss
Executive secretary of the Nigerian Content Management and Development Board (NCDMB), Mr. Simbi Wabote has expressed confidence in the Refining Roadmap rolled out by President Muhammadu Buhari.
He said that the President’s refining…
Wabote Flaunts NCMDB’s Scorecard to Industry Stakeholders
The Executive Secretary of the Nigeria Content Development Management Board (NCDMB), Mr. Simbi Wabote, has said that the Board beats its chest with the nature of the achievements it recorded in the past five years in the midstream and…
‘Nigeria Now Occupy Pride of Place in Comity of Oil and Gas Nations’ – NCMDB bossÂ
The executive secretary of the Nigerian Content Management and Development Board (NCDMB), Mr. Simbi Wabote, has said that Nigeria has the minister of state petroleum resources, Mr. Timipre Sylva to appreciate for the pride of place enjoyed…
NCDMB lauds Temile/Hyundai deal to Build New LPG Vessel
Nigerian Content Development and Monitoring Board (NCDMB) has congratulated an indigenous shipping company, Temile Development Company on the contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000…
Local Content Roadmap: Wabote Unveils Midstream, Downstream Sector Potentials
Executive Secretary of the Nigerian Content Development and Management Board (NCDMB), Mr. Simbi Wabote has stated given Nigeria’s 10-year Strategic Roadmap to achieve 70% local content in the oil and gas sector by the year 2027, there is…
FG Urges stakeholders To Maximize Local Content Opportunities In Midstream/Downstream Sectors
Nigeria’s minister of state, petroleum resources, Mr. Timipre Sylva has expressed government determination to fully catalyze investments in the midstream and downstream sectors of the petroleum sector, with a view to creating employment…
NCMDB Urges Stakeholders Not To Weaponize Energy Resources
Executive Secretary of the Nigerian Content Development and Management Board (NCMB), Mr. Simbi Wabote has urged Nigerians, especially players in the energy sector not to weaponize the country’s energy resources.
Delivering a keynote…
NCDMB Hosts Summit on Local Content Midstream, Downstream Operations
The maiden edition of the Nigerian Content Midstream/Downstream Oil & Gas Stakeholders Summit, hosted by the Nigerian Content Development and Monitoring Board (NCDMB) comes up on May 23 & 24, 2022 at the Lagos Continental Hotel,…
NCDMB Votes $40m for Women in Energy Empowerment
The Nigerian Content Development Monitoring Board (NCDMB) has voted the sum of $40million intervention fund for the purpose addressing the challenge of funding for women participation in the oil and gas industry.
Executive secretary of…
NCDMB Laments Huge LPG Consumption Gap in Nigeria
Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has decried the low consumption of cooking gas (Liquefied Petrol Gas).
He said that the one million metric tonnes (mt), LPG…
NCDMB Unveils New Window for LPG Small Scale Entrepreneurs
The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled a new window of opportunity for small-time participants in the gas value chain, that would also grow the usage of liquefied petroleum gas (LPG).
At the launch of…
Okowa Hails Heritage Energy Operational Services for Excellence in Local Content Practices
Heritage Energy Operational Services Limited (HEOSL), operator of OML 30 Joint Venture between the Nigeria Petroleum Development Company (NPDC) and Shoreline Natural Resources Limited (SNRL) has been commended by the Delta state government…
Jonathan Extols NCDMB Over Success of NOGICD Act
The Nigerian Content Development Management Board (NCDMB) has explained that its partnership with ERASKON, whose lubricants plant was commissioned recently in Bayelsa, was in line with NCMDB’s mandate of developing local manufacturing…