… to retain $14bn industry spend …create 300,000 jobs The next wave of Nigerian Content implementation has started and it targets in-country retention of $14bn out of the $20billion yearly industry spend and creation of 300,000 direct and indirect jobs. Another key target is growing in-country value retention in the sector from the current 26 […]
A research and development council will be constituted for the oil and gas industry and it will integrate research initiatives of stakeholders and steer them towards achieving tangible and beneficial outcomes, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said. He stated this on Monday in Lagos at the […]
Local service companies and manufacturers must strive to be competitive and adjust their business models in line with trends to stay in business, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has advised. He gave this advice while speaking on the Requirements for Sustainable Growth of Manufacturing in Nigeria’s Oil […]
…Sets record in contract cycle …Shell to issue bid documents on BSWA with high NC targets The Nigerian Content sector is set to make a huge impact on the nation’s economy as two multinational operating companies, Nigerian Agip Exploration Limited (NAE) and Shell Nigeria Exploration and Production Company (SNEPCO) have set plans in motion for […]
The Nigerian Content Development and Monitoring Board (NCDMB) has no plans to relocate its headquarters from Yenagoa, Bayelsa State to Abuja or Lagos, the Executive Secretary, Engr. Simbi Wabote has said. Members of the Ijaw Youth Council (Central Zone) staged a demonstration on Thursday at the Board’s headquarters over allegations that the Board had opened […]
Nigerdock, a member of Jagal Group has graduated the second batch of 49 vocational trainees from its Training and Development Academy. The trainings were conducted on the back of Total’s Egina FPSO Deepwater Project awarded to Samsung Heavy Industry Nigeria (SHIN). The programme which commenced in May 2016 and ended in August 2017, produced 19 […]
…Minister targets $1bn The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) on Thursday in Abuja launched the 200 million dollars Nigerian Content Intervention Fund (NCI Fund). The pool of funds will provide loans to Nigerian companies involved in manufacturing in the oil and gas industry as well as firms […]