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NMDRA demands more refining, petrochemicals investments
As NCDMB holds maiden midstream summit Sopuruchi Onwuka The Nigerian Midstream and Downstream Regulatory Authority (NMDRA) is advocating greater investments in crude oil and gas processing in order to curb gross financial mismanagement domestic fuel supplies. The development runs in…
NCDMB takes capacity building to midstream with a summit
Sopuruchi Onwuka THE Nigerian Content Development and Monitoring Board (NCDMB) has declared intention to open opportunity platforms that would expose the rising potentials for commercial investments in oil and gas processing. Executive Secretary, NCDMB, Engr. Simbi Kesiye Wabote, said the…
NCDMB pools $40m credit facility for oil women
Women entrepreneurs in the Nigerian oil and gas industry can break barriers by taking advantage of the $40m fund created specifically for them under the Nigerian Content Intervention Fund (NCI Fund), the Executive Secretary of the Nigerian Content Development and…
IOC divestment opens new investment opportunities – Wabote
The ongoing disruptions in the international energy industry present a unique opportunity for the Nigerian oil and gas industry to attract new set of investments and serve as one of the leading production hubs to meet global energy needs. The…
Jonathan, Daukoru laud NCDMB as ERASKON launches factory in Bayelsa
Former President Goodluck Ebele Jonathan and the former Minister of State for Energy and current chairman of Nigeria LNG Board, King Edmund Daukoru have applauded the Nigerian Content Development and Monitoring Board (NCDMB) for the effective implementation of the Nigerian…
Nigerian Content Fund exceeds $500m
Sopuruchi Onwuka The Nigerian Content Intervention (NCI) Fund has exceeded half a billion dollars, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said. He spoke recently at the Sub-Saharan African International Petroleum…
NCDMB, ITF train 100 youths
Sopuruchi Onwuka Hundred Nigerian youths have commenced training in the vocational skills programme sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and facilitated by the Industrial Training Fund (ITF). The training covers eight skills areas, and they include…
NCDMB maps 50m Fund for oil industry manufacturing
Commissions ultra-modern valve assembling plant Sopuruchi Onwuka He disclosed that the NOGAPS Manufacturing fund will soon be launched and will be managed by the Bank of Industry (BoI) to address the identified challenges. The Nigerian Content Development and Monitoring Board…
NCDMB set to host Africa Local Content Investment Forum
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to host the Africa Local Content Investment Forum (ALCIF) next week. The event slated to hold at Eko Hotels and Suits in Lagos will provide a platform…
NCDMB dismisses pejury allegation against Wabote as charade
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board has dismissed allegations of perjury against its Executive Secretary, Engr Simbi Wabote, as disingenuous and diversionary tactic to stampede into dropping his suit challenging allegations that he operates a foreign account….
