… NCDMB targets opportunities in operations phase …set to launch NCI Fund with $200m The management of Dangote petroleum refinery has agreed to select competent Nigerian vendors that will participate in the construction of the plant from the Nigerian Oil and Gas Industry Joint Qualification System (NOGICJQS), the database of available capacities in the oil […]
NCDMB reinforces its commitment to the Practical Nigerian Content (PNC) Forum held annually with the signing of a MoU with the CWC Group. Under the terms of the MoU, the NCDMB & CWC alongside Nigerian partner, Levmora Services will collaborate to deliver greater value through PNC. This will be achieved by further engaging with the […]
… to unveil updated MoU with Bank of Industry The Nigerian Content Development and Monitoring Board (NCDMB) is planning to increase the funds lent to qualified oil and gas players under the Nigerian Content Intervention Fund (NCI Fund) from $100m to $200m. The Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote stated this during a visit to […]
Impressed by the impact of the Nigerian Content Act on the oil and gas industry, the Nigerian Institute of Architects (NIA) has called for the extension of the policy to the construction industry. The NIA made the call during a visit to the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote […]
…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 […]