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NCDMB launches LearnFest to understanding of Local Content processes
The Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated the LearnFest Lecture Series, a continuous learning platform designed to strengthen the capacity of its staff and oil and gas industry stakeholders to effectively understand and implement Nigerian Content policies…
FG restates Nigeria’s commitment to Africa’s local capacity building
The Federal Government has reaffirmed Nigeria’s commitment to sharing its oil and gas industry experience with other African countries, particularly through the African Petroleum Producers Organisation (APPO), as a high-level delegation from the Democratic Republic of Congo (DRC) begins an…
Nigeria inflation decelerates to 15.39% in August
Nigeria’s annual inflation rate unexpectedly eased in August, a surprising phenomenon that is only possible in run up to general elections as high prices of commodities, especially food items dominate election campaigns. Weaker inflation rate thus strengthens the case for…
NLNG to gas industry: Make methane reduction a business priority
Nigeria LNG Limited (NLNG) has called on the global gas industry to treat methane reduction as a business priority, arguing that every tonne of methane released into the atmosphere represents lost revenue and gas that could otherwise be delivered to…
African Local Content: Start small, prove it works, then think continental
[Emmanuel Okoroafor, Ph.D] African Local Content is an attractive and potentially transformative idea. Done properly, it could deepen African industrial capacity, create employment, encourage technology transfer, strengthen indigenous businesses and retain a much greater share of the value generated from…
FG drives over 1,000 host community projects in Niger Delta
The Federal Government says it is driving more than 1,000 host community development projects across the Niger Delta as part of efforts to address restiveness and create a more conducive operating environment for petroleum industry players. The Chief Executive of…
Flare gas commercialization: Policy targets, jubilant licensees and investment reality
Sopuruchi Onwuka Federal government is getting increasingly impatient with the slow progress made by the licensees of the Nigeria Flare Gas Commercialization Programme (NGFCP), threatening to revoke their awards of access to flare gas at the nation’s oil production sites;…
Nigeria’s Q2 growth strengthens position among emerging SSA economies
Nigeria’s stronger-than-expected economic performance in the second quarter has reinforced its emergence as one of the growth centres of Sub-Saharan Africa, with the country and Ethiopia increasingly positioned to gain economic weight as South Africa struggles with persistent structural constraints….
Full access to assets: FG offered 56 oil blocks in 3 yrs, plans frequent bid rounds
The Federal Government is stepping up efforts to revive activity across Nigeria’s oil-producing provinces through a sustained programme of oilfield licensing and development, as the country targets crude production of three million barrels per day by 2030. The Nigeria Upstream…
NCDMB to host Paul Nwabuikwu at fifth book reading programme
The Nigerian Content Development and Monitoring Board (NCDMB) will feature writer, journalist and public policy analyst Paul C. Nwabuikwu at the fifth edition of its Corporate Communications Book Reading Programme early next week. The session will focus on Nwabuikwu’s recently…
