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NCDMB

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…

SUV, other prizes won at NCDMB sponsored NOG Golf Tourney

The2023 Nigerian Oil and GasEnergy WeekGolf Tournament sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) took place on Sunday at the IBB Golf Course, Abuja, with one of the players,winning a brand-new 2022 GS3 SUV car, which was…

NCDMB, NLNG activate E-Marketplace for business opportunities

Affirms Board’s mandate to support local companies Capacity growth driver in the domestic petroleum industry, the Nigerian Content Development and Monitoring Board (NCDMB) has launched the business opportunity dashboard for all qualified players in the sector. Executive Secretary, Engr. Simbi…

‘Nigerian petroleum industry is ripe for indigenous crew change’

The upstream petroleum industry is witnessing transition from IOCs to independents. And issues of operating capacity are throwing up disputes.  How do you think Nigeria should manage the challenges associated with the emerging crew change? At this stage, I think…

NCDMB backs confab on local content implementation in insurance industry

Lagos: June 12, 2023; The Nigerian Content Development and Monitoring Board, NCDMB, has accepted to lead discussion at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and Oil and Gas Sector. Executive Secretary of the…