NCDMB may seek inclusion of power, ICT, others in local content policy
Considering what it may wish to tag success rate in the oil and gas sector, the leadership of the Nigerian Content Development and Monitoring Board (NCDMB), may approach the National Assembly to seek amendments that will bring in more sectors….
Dangote Refinery, NCDMB seal partnership on local content implementation
Nigerian Content Development and Monitoring Board (NCDMB) has praised the management of Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises (DPRP) over its adherence to the local content law in the execution of its projects and declared its intention…
NCDMB to refer oil industry audit infractions to EFCC for action—Wabote
Going forward, the Nigerian Content Development and Monitoring Board (NCDMB), says it will henceforth refer serious fraudulent discoveries from the audit of oil and gas firms to the Economic and Financial Crimes Commission (EFCC) for further action. The development comes…
NCDMB queries FG’s emphasis on rail along Iron/steel corridor without reviving plants
The Nigerian Content Development and Monitoring Board (NCDMB) has called on the Federal Government to revive the two steel plants in Ajaokuta, Kogi State and Aladja, Delta State, stressing that only the resolute revival of iron and steel plants can…
NOGICD Act 2010 records tremendous success in Nigeria petroleum industry—Obah
The Director, Planning Research and Statistics, Nigerian Content Development Management Board (NCDMB), Patrick Obah has revealed that the “Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010, established NCDMB as the sole agency for local content implementation in the…
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…
How IOCs failed to pay $14.3b penalty for gas-flaring to FG in 8 years
Fresh figures from the Department of Petroleum Resources (DPR) and Nigerian National Petroleum Corporation (NNPC) have shown that International Oil Companies (IOCs) failed to pay about $14.298 billion between April 2008 and October 2016 as penalty for gas-flaring to the…
