NCDMB, NAICOM LAUNCH INSURANCE SERVICES GUIDELINE

The Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) have signed insurance services guideline which will oblige the oil and gas industry to patronize the local insurance sector, thereby retain spend in the economy. The guidelines will also address loopholes that have been identified while implementing the provisions of the […]

NCDMB lauds Temile/Hyundai deal to Build New LPG Vessel

The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday congratulated an indigenous shipping company, Temile Development Company on the contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000 cubic meters Liquefied Petroleum Gas Carrier Vessel. The indigenous company also signed a separate agreement with NSML – an integrated […]

FG To Maximize Local Content Opportunities In Midstream/Downstream Sectors

The Federal Government has expressed firm determination to fully catalyze investments in the midstream and downstream sectors of the petroleum sector, with a view to creating employment for teeming youths and maximizing local content opportunities. The Minister of State for Petroleum Resources, Chief Timipre Sylva gave assurance on Monday when he declared open the Nigerian […]

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