BY CHIKA OKEKE, AbujaThe Nigerian Content Development and Monitoring Board (NCDMB) has challenged stakeholders in the oil and gas industry to implement the Petroleum Industry Act (PIA) 2021 for positive…
Category: INDUSTRY
NCDMB Wants African Oil Marketers to Explore Alternative Funding Sources
BY CHIKA OKEKE, AbujaThe Nigerian Content Development and Monitoring Board (NCDMB) has charged African Oil Marketers to explore alternative funding sources to overcome the challenges bedeviling the oil and gas…
Oil Industry: NCDMB Predicts Steady Progress Despite Shrunken Investments
BY CHIKA OKEKE, AbujaThe Nigerian Content Development and Monitoring Board (NCDMB) has predicted steady progress in the oil and gas industry despite shrunken investments, global quest for cleaner energy and…
Planned Sale of Crude Oil Assets will Bolster Economy –NCDMB
BY CHIKA OKEKE, AbujaCommitted to increasing crude oil production, the Nigerian Content Development and Monitoring Board (NCDMB) has disclosed that the planned sale of crude oil assets by some international…
Implementation of NOGICD Panacea to Actualising Renewed Hope Agenda – Lokpobiri
BY CHIKA OKEKE, AbujaMinister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri has described the effective implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010…
FG seeks collaboration with 54 Africa countries on local content in oil sector
The Federal Government has called for collaboration with 54 African Countries and cross-country development with the African Continental Free Trade Area (AfCFTA), to grow local capacities to drive economic growth…
Bank of Industry assets hit N1.8trn despite COVID- 19 –Chairman
The Bank of Industry (BOI) says its total assets grew to N1.86 trillion during the 2020 financial year, despite the negative impacts of the COVID-19 pandemic on global economies. Our…
TotalEnergies calls for sustainability of local content
Mr Michael Sangster, the Managing Director of TotalEnergies, has called for the sustenance of local content to grow the oil and gas sector in the country. Sangster made the call…
Niger Govt pledges support for local content in fabrication industry
The Niger government has promised to encourage the development of fabrication industries that would depend on local content to industrialise the state. Dr Mustapha Jibril, Commissioner for Investment, Commerce and…