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Wabote counts local content benefits at MG VOWGAS’s facilities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday commissioned MG VOWGAS’ newly installed 200-ton heat treatment furnace and state-of-the-art dish head forming machine at the company’s yard in Port Harcourt,…
NCDMB is still the best among Nigeria’s MDAs
The Nigerian Content Development and Monitoring Board (NCDMB) has maintained its lead in excellence with the retention of its position as the best Federal Agency in transparency and efficiency in business. In the 2023 Half Year Executive Order 001 Compliance…
Wabote, Barth Nnaji chorus Nigerian Content remedy to forex crisis
Sopuruchi Onwuka Amidst the growing anger in the country over the rising rate of foreign exchange, prominent industry technocrats with critical roles in the economy have agreed that strict application of the existing local content laws would reverse the demand…
Nigerian petroleum industry thriving on Nigerian Content _Wabote
The Nigerian oil and gas industry is growing steadily across several fronts despite reduced investments due to the global quest for cleaner energy and divestments of some onshore and shallow assets by international oil companies. According to the Executive Secretary…
Oil women seek new financing windows
Sopuruchi Onwuka Dearth of capital and its sourcing to fund business initiatives topped the list of challenges encountered by women entrepreneurs in the oil and gas sector of the Nigerian economy. Female stakeholders, the non-governmental Women In Energy Network (WIEN)…
African petroleum producers chart industry future
Some 18 member countries of the African Petroleum Producers Organization (APPO) converged at the third edition of the Africa Local Content Roundtable to chart a pathway for the sustainable development of the industry. The two-day event is hosted by the…
FG, players polarize on calls for PIA amendment
Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has called for full implementation of the Petroleum Industry Act (PIA) to unlock investments that restore vibrancy in the industry. Engr Wabote…
NCDMB decries Africa’s low EPIC capacity in petroleum industry
African nations seeking to achieve economic prosperity must develop local capabilities to process, utilize, and export their resources as a means of powering their growth and development. The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr….
NCDMB critical to Tinubu’s economic recovery agenda – Lokpobiri
Sopuruchi Onwuka Use of products and services produced in-country is critical to the economic recovery agenda of the present government of President Bola Ahmed Tinubu, according to the Minister of State for Oil, Senator Heineken Lokpobiri. The minister said that…
Divestment deals will restore oil industry vibrancy __NCDMB
Sopuruchi Onwuka Contrary to fears of job losses and industry activity downsize, Nigerian Content Development and Monitoring Board (NCDMB) has assured that the prevailing transfer of brownfield oil and gas assets from international oil companies to indigenous independent companies will…
