The Nigerian oil and gas industry is poised for a boost in crude oil production, employment creation, and capital injection with the planned divestment of some assets by select international oil and gas companies and concomitant acquisition by Nigerian operating companies, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote said on Wednesday. The Executive Secretary painted this picture while delivering the keynote address on Divestments in oil and gas: the challenges, the opportunities, and the implications to the industry […]

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has identified the effective implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 as one of the key levers for actualizing the Renewed Hope Agenda of President Bola Tinubu’s administration. Speaking during his tour of NCDMB facilities and projects in Bayelsa State on Tuesday, the Minister revealed that the key mandates of the […]

The Nigerian Content Development and Monitoring Board (NCDMB) has commissioned and handed over a newly completed Information and Communication Technology (ICT) Centre to Community Secondary School, Angalabiri, Sagbama Local Government Area of Bayelsa State. The Centre, which is fully air-conditioned and with a fortified roof, reinforced metal windows and door, is equipped with 31 personal […]

The ongoing and planned divestments of onshore assets by some international operating oil and gas companies (IOCs) and subsequent acquisition by Nigerian operating companies  must not be allowed to impact negatively on the level of compliance with the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and remittance of tax revenues to the Federal Government, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has admonished. Speaking during the breakfast […]

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has commended Abia State Governor Dr. Alex Otti for the decision of his Administration to establish the Abia Industrial Innovation Park (AIIP), Owaza, in UkwaWest Local Government Area of the State.     In a Goodwill Message at the groundbreaking ceremony on Saturday, Engr. Wabote said the […]

NCDMB, NNPC, IOCs Sign Agreement, Target 6 Months Oil Industry Contract Cycle With the goal of quickly ramping up Nigeria’s flagging crude oil production, ensuring compliance with the provisions of the Nigerian Content Act, and timely approvals of documents, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Abuja signed a Memorandum of […]

Winners emerge in NCDMB National Essay Competition, as Board harps on in-country value addition Winners of the 7th Nigerian Content Annual National Undergraduate Essay Competition, 2023, were unveiled on Wednesday at the Lady Daima Memorial Event Center, Yenagoa, Bayelsa State at a well-attended ceremony. It was the Grand Finale of the competition, with the top […]