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Nigeria’s Omar Farouk joins WEC board
Sopuruchi Onwuka Nigeria’s rising energy diplomat, Dr Omar Farouk Ibrahim, has been elected into the board of the World Energy Council, representing Africa in the world’s oldest independent and impartial membership-based energy organization. Dr Farouk’s election enriches the council’s board…
Effective customer experience is key to Nigerian Content Roadmap
Delivering effective service to stakeholders of the Nigerian oil and gas industry is a key objective under the implementation of the Nigerian Content 10-year strategic roadmap, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote…
NCDMB accounts for $60 bn FDI, $112 bn value retention
Since you became the Executive Secretary of the Nigerian Content Development and Monitoring Board six years ago, you have been credited with several achievements. Which of these achievements do you consider most strategic? I think the most strategic for me,…
Galloping inflation: CBN shoots lending rate to 15.5%
Nigeria’s central bank on Tuesday hiked its main lending rate by 150 basis points to 15.50%, its highest level yet and more than forecast, forging ahead with efforts to rein in inflation and ease pressure on the currency. Analysts had…
OIL AND GAS REDISCOVERED: THE PROSPECTOR, NCDMB
(By Esueme Dan Kikile ESQ) Twelve years of strategic planning and creative deployment of regulatory powers at the Nigerian Content Development and Monitoring Board have literally reinvented Nigeria’s oil and gas industry to a degree that national aspirations, for decades…
NCDMB partners Shell, Total on GTC PH upgrade
Nigerian Content Development and Monitoring Board (NCDMB) is collaborating with Shell Petroleum Development Company (SPDC) and Total Energies Ltd to transform Government Technical College (GTC), Port Harcourt, Rivers State into a center of excellence. The target is to use the…
John Kerry warns firms against African gas investments
Africa’s quest for renewed investments in hydrocarbon energy suffered a setback weekend with insistence by the United States that energy transition vigorously pursued by the industrialized nations of the world will start pulling demand from gas in the next eight…
Contract Activation: Geometric Power lays viability template for NESI
Nnaji calls for grid decentralization Sopuruchi Onwuka Activation of contract governed transactions among all players in the gas-to-power programme of the government holds potential to arrest the worsening debt overhang in the sector and also improve all efficiency levels in…
Nigerian Prize for Science now a solution hub _Prof Nnaji
Sopuruchi Onwuka Nigeria’s policy drivers and industry captains should tap into the opportunities provided in the sustained research outcomes from the Nigerian Prize for Science to harness solutions to the country’s socio-economic problems. Chairman of the Advisory Board of the…
Nigeria to earn $40bn of OPEC’s $842 bn export income in 2022
Sopuruchi Onwuka Real income from crude oil exports for Nigeria’s fiscal funding will reach $37 billion by the end of 2022 but there are high chances that the country could muster significant $40 billion in the year, according to projections…
