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FG urged to review operating terms with IOCs
Sopuruchi Onwuka Nigeria must restructure its petroleum asset lease administration and investment partnership patterns in the face of the prevailing push for energy transition or risk holding large stranded reserves by 2050 when significant demand shift from fossil energy is…
NCDMB tasks indigenous oil firms on governance, policy compliance
The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably. The companies were equally…
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…
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 commends Gov Otti on industrial park
Offers tips on low-cost manufacturing The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has commended Abia State Governor Dr. Alex Otti for the decision of his Administration to establish the Abia Industrial…
Wabote sells funding, partnership strategy to NDDC
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has advised the Niger Delta Development Commission (NDDC) to enthrone internal management system that would dismantle impediments to private sector funding. Executive Secretary, Engr Simbi Wabote, declared at the NDDC…
NCDMB challenges Orbit to upgrade galvanizing plant
Sopuruchi Onwuka Federal government has challenged the Orbit Galvanized Steel Industries Limited to work assiduously on getting the relevant certifications and meeting the regulatory standards of the oil and gas industry. Executive Secretary of the Nigerian Content Development and Monitoring…
Wabote wants milestones for Decade of Gas programme
Begins to allocate spaces to investors at NOGaPS Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has demanded action parties to provide annual status reports to enable the industry count milestones in the…
Wabote earns Africa productivity laurel
Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, weekend in Kigali, Rwanda, received the Champion of Local Content Development in Africa Award. The honour which was bestowed on him at the…
IMSU celebrates Wabote with Doctor of Science award
For his excellent contributions to the growth and transformation of the Nigerian oil and gas industry and the towering leadership he has provided for the development of local content in Nigeria and Africa, the Executive Secretary of the Nigerian Content…
