The recent removal of subsidy from the pump price of premium motor spirit is saving the Federal Government over N1.4 trillion that would have been expended on subsidy claims per annum, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said. Speaking on Tuesday when he visited the Nigerian Content Development and Monitoring […]
A delegation from Uganda has visited the Nigerian Content Development and Monitoring Board (NCDMB) in a quest to model the development of their local content policies after the Nigerian Oil and Gas Industry Content Development (NOGICD) Act which has achieved immense benefits for the Nigerian economy and attracted commendations from local and international stakeholders. The […]
Royal Niger Emerging Technologies Limited, an indigenous oil and gas service company has made significant inroad into subsea technology domiciliation in Nigeria. The company which recently provided the Nigerian Content Development Monitoring Board (NCDMB) with updates on its Nigerian Content Plan (NCP) to domicile umbilical technologies in Nigeria earlier in 2013 submitted its plans to […]