The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Wednesday laid the foundation stone of a personal protective equipment (PPE) factory being developed by Future Concerns Group in Lekki, Lagos. The factory would manufacture products under the trademark of Red Wings, one of the world’s leading producers […]
…to begin disbursement of $40m Women Fund The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to set a minimum percentage of females that must be included in any human capacity development (HCD) programme or initiative that it will approve for the Nigerian Oil and Gas Industry. The Executive Secretary of NCDMB, Engr. […]
The Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) have signed insurance services guideline which will oblige the oil and gas industry to patronize the local insurance sector, thereby retain spend in the economy. The guidelines will also address loopholes that have been identified while implementing the provisions of the […]
The Nigerian Content Development and Monitoring Board says it will sanction companies that default or fail to comply with the Human Capacity Development provisions contained in the Nigerian Oil and Gas Industry Content Development Act. The Executive Secretary, NCDMB, Engr. Simbi Wabote made this known on Tuesday while delivering a keynote address at the second […]
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday congratulated an indigenous shipping company, Temile Development Company on the contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000 cubic meters Liquefied Petroleum Gas Carrier Vessel. The indigenous company also signed a separate agreement with NSML – an integrated […]
The Federal Government has expressed firm determination to fully catalyze investments in the midstream and downstream sectors of the petroleum sector, with a view to creating employment for teeming youths and maximizing local content opportunities. The Minister of State for Petroleum Resources, Chief Timipre Sylva gave assurance on Monday when he declared open the Nigerian […]
Participants at the just concluded Nigerian Content Midstream and Downstream Oil and Gas Summit organized by the Nigerian Content Development and Monitoring Board (NCDMB) have beckoned on the Central Bank of Nigeria (CBN) to create a unique window of forex access to facilitate seamless operations of modular refineries in the Nigerian oil and gas industry. […]