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NCDMB

NCDMB clears the path to speedy oil projects

Binds NNPC, IOCs in SLAs Sopuruchi Onwuka In a first regulatory audacity of its kind, the Nigerian Content Development and Monitoring Board (NCDMB) has committed the biggest players in the Nigerian petroleum industry to speedy execution of approved projects and…

Essay contest: NCDMB rewards varsity students with cash, digital tools

Sopuruchi Onwuka Three university students weekend received computers and cash as the prizes for winning different categories of the 7th Nigerian Content Annual National Undergraduate Essay Competition, 2023. The winners including the top 10 finalists in the essay competition were…

NCDMB graduates indigenous underwater divers

Partners Nigerian Navy, MDTI on in-country capacity The Nigerian Content Development and Monitoring Board (NCDMB) has graduated a batch of 20 young Nigerians at the Nigerian Navy Underwater Warfare School, Navy Town, Ojo, Lagos State. The programme held in partnership…

Nigeria’s energy trade charts show internal strategy mess

Sopuruchi Onwuka Nigerian energy trade losses entered a deceleration mode not because the volumes of imports championed by the Nigerian National Petroleum Company (NNPC) Limited reduced, but because the spirited audacity of private local businessmen that risked billions of Naira…

NCDMB deploys initial Project 100 firms, targets annual N1.6 trn value

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has deployed the first set of 17 firms from its Project 100 programmes into building local capacity for technological innovation for the domestic petroleum industry services. The agency which regulates…

NCDMB’s NCIF supports local businesses with N259 bn

Lays funding model forAfrican energy industry Sopuruchi Onwuka The Nigerian Content Intervention Fund (NCIF) of the Nigerian Content Development and Monitoring Board (NCDMB) has delivered commitment of $324 million or N38.4 billion to significant 69 local businesses in the country….

NCDMB to launch 17 firms from technology incubation centre

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that it will today launch new 17 portfolio companies that have passed through the Board’s Technology Incubation and Innovation Centre (TIIC). The local capacity building agency and domestic…

NCDMB lays template for Africa’s resource optimization

Sopuruchi Onwuka Nigeria has continued to provide credible guides to new African petroleum producers on optimization of resource value, empowering industry regulators and political leaders with critical lessons on averting resource curse. The Executive Secretary of the Nigerian Content Development…

NCDMB, ACAN partner on corruption-free workplace

The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitization workshop on “Achieving Zero-tolerance for Corruption in the Workplace,” with staff educated on the types and potential consequences of corruption…

NCDMB to activate Ondo Oil and Gas Park project

Actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB).  Located at Ilaje, Ilaje…