BY CHIKA OKEKE, AbujaWith four years to the end of the Strategic Roadmap, Nigerian Content Development and Monitoring Board (NCDMB) has implemented 83 out of 96 percent target for local…
Category: INDUSTRY
Subsidy Removal: FG to Fund Nano Businesses, SMEs
In a move aimed at alleviating the impact of the removal of fuel subsidies, the Federal Government of Nigerian has said that it has perfected plans to commence disbursement of…
Japan, UNIDO Invests $2m to Bolster Nigeria’s Circular Economy Project
BY CHIKA OKEKE, AbujaThe Government of Japan in collaboration with the United Nations Industrial Development Organisation (UNIDO) has invested $2 million to bolster Nigeria’s Circular Economy project.A circular economy is…
Decarbonisation: NCDMB, IOCs, Others to Parley on Investment Opportunities
BY CHIKA OKEKE, AbujaThe Nigerian Content Development and Monitoring Board (NCDMB), International Oil ompanies (IOCs) and Independent Petroleum Producers Group (IPPG) have concluded plans to parley on investment opportunities in…
$25 bn Nigeria-Morocco Gas Project Begins in 2024
Plans have reached an advanced stage as the construction of $25 billion Nigeria-Morocco Gas Pipeline Project, expected to link European market will kick-start fully next year.When completed, gas will be…
Tinubu Appoints New NNPCL Board, Management
In compliance with Section 59 (2) of the Petroleum Industry Act, 2021, President Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National…
Waltersmith Refinery Plans 40,000 Barrels Daily Output
BY CHIKA OKEKE, AbujaThe Waltersmith Petroman Oil Limited has intensified plans to raise the capacity of its processing plant from the present 5,000 to 40,000 barrels daily.President and Group Chief…
NCDMB, SLB Unveil Software to Address Oil, Gas Industry Pitfalls
BY CHIKA OKEKE, AbujaNigerian Content Development and Monitoring Board (NCDMB) and SLB, a global technology company has unveiled a software expected to address the pitfalls in the Oil and Gas…
$5bn Train-7 Project Reaches 52% Completion, Engages 8,300 Persons
BY CHIKA OKEKE, AbujaThe ongoing construction of the $5bn Train-7 project undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent completion.This…
Local Content: NCDMB Praises Genesis Group for Creating 2,500 Jobs
BY CHIKA OKEKE, AbujaCommitted to promoting local content in all sectors of the economy, the Nigerian Content Development and Monitoring Board (NCDMB) has praised the foremost hospitality firm, Genesis Group…