The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention Fund from US$200 million to US$350 million. The enlargement of the Fund by US$150 million was part of the decisions taken at the recent NCDMB Governing Council meeting, which held virtually on June 16, […]
The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the establishment of a US$50 million Nigerian Content Research & Development Fund (NCR&DF). At the NCDMB Governing Council meeting which held on June 16, 2020 under the chairmanship of the Minister of State for Petroleum Resources, Chief Timipre Sylva, the Council […]
…projects to create 1500 jobs The Nigerian Content Development and Monitoring Board (NCDMB) on Friday signed equity investment agreements with two companies-Duport Midstream Company for the establishment of an Energy Park in Egbokor, Edo State and Eraskon Nigeria Limited, for a lubricating oils blending plant in Gbarain, Bayelsa State. The Board’s investments will catalyse industrialization, […]
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday held a virtual engagement of the Nigerian Content Consultative Forum (NCCF), a body set up by the Nigerian Oil and Gas Industry Content Development (NOGICD) Act to facilitate the collaboration of stakeholders and development of ideas for the advancement of Nigerian Content in the Oil […]
The Train 7 project is set to commence in earnest as the Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian LNG Limited Tuesday held the kick-off meeting of the Engineering, Procurement and Construction (EPC) components of the project. The event was held virtually and it provided an opportunity for NCDMB key officials to […]
The attention of the Management of the Nigerian Content Development & Monitoring Board (NCDMB) has been drawn to a spurious and malicious story published by an online medium- POINTBLANK NEWS, titled: ”Sylva demands $20 Million From ‘Local Content Board’ Boss to fund Bayelsa Re-Run Elections.” Ordinarily, the Board would have ignored this fake news, especially […]
The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Learners Support Consultancy Company on Tuesday called for submissions from innovators, technologists and other young science enthusiasts to the Nigerian Oil and Gas Technology (NOGTECH) programme. The NCDMB initiative is the first-ever technology hackathon in the Nigerian Oil and Gas industry and is aimed […]