On the heels of remarkable discovery and exploration of oil and gas resources across several countries in Africa, the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday proffered strategies that would enable those nations to institute sustainable Local Content practices, achieve in-country value addition, and benefit maximally from the exploitation of their hydrocarbon resources. […]
The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitisation workshop on “Achieving Zero-tolerance for Corruption in the Workplace,” with staff educated on the types and potential consequences of corruption as well as appropriate safeguards. Declaring the workshop open on Day 1, the Executive Secretary […]
Indigenous oil and gas companies must instill principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. Speaking virtually on Friday at the ceremony marking the rebranding of the Niger Delta Exploration and Production (NDEP) into Aradel Holdings, the Executive Secretary rued that many local oil and gas companies have died because they do not adhere to corporate […]
As part of its sustained effort to raise awareness on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among critical stakeholders in the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) held a one-day sensitisation workshop for members of the Bench and the Bar in the Rivers State capital, […]
The first original equipment manufacturers (OEMs), service companies and other oil and gas firms that would set up operations in the Nigerian oil and gas parks would enjoy certain first mover privileges, the Nigerian Content Development and Monitoring Board (NCDMB) has assured. NCDMB’s Director of Corporate Services, Mr. Patrick Daziba Obah made this pledge at […]
Actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB). Located at Ilaje, Ilaje Local Government Area of the State, the facility is one of six being built in […]
The Nigerian Content Development and Monitoring Board (NCDMB) will soon issue policy directives on in-country manufacturing capabilities of pumps, flanges, valves, and other major equipment categories utilised in different streams of the oil and gas industry, which constitute a huge percentage of capital and operational expenditures. The Executive Secretary Nigerian Content Development and Monitoring Board […]