NCDMB Trains Traditional Rulers, Harps On Arbitration, ADR

First-class titleholders under the aegis of the Bayelsa State Traditional Rulers Council have undergone a five-day training in Arbitration and Alternative Dispute Resolution (ADR) at the Nigerian Content Tower (NCT), Swali, Yenagoa. Sponsored by the Nigerian Content Development and Monitoring Board (NCDMB), the training is intended to raise awareness about time-tested processes and techniques for […]

NCDMB/ NLNG Working Group reviews activities, reaffirms commitment to local content performance

The Nigerian Content Development and Monitoring Board (NCDMB) and foremost gas firm, the Nigeria Liquefied Natural Gas Company (NLNG) Limited are strengthening self-appraisal mechanisms instituted to advance objectives of local content compliance and development.  At a one-day meeting of the NCDMB/NLNG Technical Working Group held at the Nigerian Content Tower (NCT), corporate headquarters of the NCDMB, on Tuesday, key personnel of the two organisations led by Engr. Paul Zuhumben, General Manager, […]

Local Content is Africa’s Route to Economic Development- Exec Sec NCDMB

African nations seeking to achieve economic prosperity mustdevelop local capabilities to process, utilize, and export their resources as a means of powering their growth and development, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote said on Tuesday. The Executive Secretary made the submission in his presentation at the ongoing 2023 Africa Energy Week in Cape Town, South Africa. He regretted that most African nationslacked requisite local capacities in key areas of the […]

Oil Assets Divestments Will BoostProduction, Employment- Wabote

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 […]

Nigerian Content Key To Meeting Renewed Hope Agenda – Petroleum Minister 

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 […]

NCDMB donates ICT Centre to Bayelsa Community School

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 […]

Divestments of Oil Assets: NCDMB Warns Against Reduction in Compliance, Tax Revenue

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 […]

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