NCDMB, NEXIM Bank sign deal on US$30m Working Capital Fund for Oil Firms

The Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank on Wednesday in Abuja signed a memorandum of understanding on the administration of US$30 million Working Capital Fund for oil and gas service companies. The Fund was conceived by the NCDMB to support the operations of local oil companies against the adverse […]

500 Bauchi Youths Graduate from NCDMB GSM Training  

The Nigerian Content Development and Monitoring Board (NCDMB) has successfully completed the training of 500 Bauchi State youths in GSM phone repairs, hardware, software & entrepreneurship development under its Youth Empowerment Programme. The training is the fifth in the series, having conducted similar interventions in Kano, Kaduna, Cross River and Yobe States which had impacted […]

NCDMB, NNPC invest in N10.5bn Brass Petroleum Products Terminal

The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation and ZED Energy Limited on Friday in Abuja signed shareholders agreement on the construction of Brass Petroleum Products Terminal Limited (BPPT), to be located at Okpoama, Brass Local Government Area, Bayelsa State. The estimated cost of the project is N10.5bn (Ten Billion, […]

NCDMB approves 4 firms for barites supply in oil and gas operations

The Nigerian Content Development and Monitoring Board (NCDMB) has approved four firms for the supply of Barites required for any drilling project or contract in the Nigerian oil and gas industry. The four Barites processors are Nishan industries Limited located in Port Harcourt, Rivers State; Delta Prospectors Limited in Lafia, Nasarawa State; Ana Industries Limited […]

Nigeria, African Oil Producers Canvass Regional Investments, New Climate Change Deal

The maiden edition of the African Local Content Roundtable ended on Friday at the Nigerian Content Tower in Yenagoa, Bayelsa State, with a strong push by Nigeria and other members of the African Petroleum Producers Association (APPO) to develop regional oil and gas investments and renegotiate the COP-21 Climate Change Agreement which is driving the […]

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