…may establish Nigerian Content Bank … says local coys default on remittance of NCDF The Nigerian Oil and Gas industry will between now and year 2027 aspire to domesticate the full capacity and capability required for the integration of Floating Production Storage and Offloading vessels (FPSO), the Executive Secretary of the Nigerian Content Development and […]

-NCDMB warns against single sourcing, selective tendering Compliance with the provisions of the Nigerian Content Act is not only a legal and moral obligation for operating and servicing oil and gas companies but also a good strategy for improving profitability and sustainability of operations, the Managing Director of ExxonMobil Nigeria, Mr. Paul McGrath has said. […]

Community contractors in the oil and gas industry will only pay five percent interest rate when they access the Nigerian Content Intervention Fund (NCI Fund), the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said. He stated this at the interactive session the Board organised recently in Abuja for civil […]