‘30% equity in Waltersmith’s modular refinery makes NCDMB player-regulator’
An oil and gas development analyst, Dr. Humphrey Ugbo Amadi has picked holes in the recent $10m Shareholders Agreement and Share Subscription Agreement between a regulator, the Nigerian Content Development and Monitoring Board (NCDMB) and promoters of Waltersmith Refining &…
8 months after Govs outburst in PH, FG begins first oil & gas Park in Bayelsa
…Four more underway in oil states—FG Barely eight months after the South East, South South Governors’ Forum (SESSGF) met in Port Harcourt, the Rivers State capital as part of the regions’ build to greater socioeconomic collaboration, the Federal Government has…
US pledges support with newer tech as oil sector local content rise
The United States of America (USA) has pledged to support Nigeria with newer technologies in oil and gas production, as well help deepen the country’s skills in the sector. This is as the Nigerian Content Development and Monitoring Board (NCDMB),…
NCDMB to boost manpower base, create 300,000 jobs with N14b
Nigerian oil and gas sector has been experiencing capacity boom in the last few years since the creation of the Nigerian Content Development and Monitoring Board (NCDMB). Speaking in Lagos on Tuesday, at a Two-Day Nigerian Gas Summit jointly organised…
Dangote refinery makes bold step to drive local content with Nigerian vendors
Management of the emerging Dangote Refinery in Lekki has keyed into the campaign of the Nigerian Content Development and Monitoring Board (NCDMB) by agreeing to grant first right of refusal to competent Nigerian vendors that would participate in the construction…
NCDMB’ updated MoU with BoI coming soon, ups Content Fund to $200m
Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote has revealed that a new governance framework for the fund which had been finalised and the updated Memorandum of Understanding (MoU) with Bank of Industry (BoI) will be…
