NCDMB, NLNG target huge Nigerian Content on Train 7 Project

The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria Liquefied Natural Gas Company (NLNG) have set high Nigerian Content benchmarks in the execution of the train 7 project, estimated to cost $7bn.

The organisations declared their commitment in Abuja on Tuesday at the two-day Nigerian Content Workshop organised on the project by the Nigeria LNG. The company plans to take Final Investment Decision (FID) before the close of the fourth quarter of 2018.

Participants in the workshop included local and international oil service companies that are seeking to participate in the train 7 project and the two international consortium that bided to execute the lead engineering, procurement and construction (EPC) components.

The Executive Secretary of the NCDMB, Engr. Simbi Wabote stated that the workshop was designed to sensitize industry stakeholders on the local content opportunities in the project and create the platform for the identification of local supply chain capacities and capabilities that are available in-country.

He affirmed that the execution of the train 7 project would lead to the establishment of new capabilities and expansion of existing facilities, adding that the implementation of Nigerian Content in the past eight years led to the development of immense capacities and ensured that major industry projects are no longer executed overseas and shipped to Nigeria for installation.

He also expressed optimism that “the train 7 project will bring about great opportunities for utilizing local goods and services in addition to affording local companies the prospect to enhance their capacities and capabilities thereby further stimulating the local supply chain

“Similar to the legacy capacities developed on the back of the Egina project, we expect that the Train 7 project will provide the platform to expand existing businesses and create ample opportunities for new businesses as we push the boundaries of local capabilities.”

Wabote also challenged service providers to build capacity so as to position themselves for the available opportunities. The companies should also build effective and efficient supply chain, which would help them achieve high performance, he added.

He voiced his belief that the project would be developed successfully, particularly because Nigeria LNG is an Integrated Joint Venture (IJV) and investment decisions are taken by the shareholders without external influences.

In his remarks, the Managing Director, NLNG, Engr. Tony Attah, said the train 7 project would increase the production output of the company’s plant by 35 per cent from 22 Million Tonnes Per Annum (MTPA) to 30 MTP and improve foreign direct investment (FDI) into Nigeria.

Senior officials of the company also listed major scopes of the project to include engineering, procurement, construction, logistics and other services. They listed the various Nigerian Content opportunities that exist in each package and added that the project would employ 100,000 personnel on site at the peak of construction.

NCDMB donates relief items to flood victims in Bayelsa State

As part of its corporate social responsibilities and support to its host communities, the Nigerian Content Development and Monitoring Board (NCDMB) on Saturday donated over 2,900 relief items to some communities displaced by flood in Bayelsa State.

The items included bags of rice, tins of groundnut oil, tin tomatoes, treated mosquito nets, mattresses and bags of beans. Others materials were bags of garri, printed wrappers, and indomie. There were also cartons of toothpaste, sanitary towels, evaporated milk, sacks of sugar among others.

The Executive Secretary, NCDMB, Engr. Simbi Wabote while presenting the items explained that the donation was part of the Board’s efforts to impact their immediate environment. He said, “we have watched with uttermost dismay the devastation the flood has brought to Bayelsa and its environs. The Board being an agency of the Federal government with the headquarters in Bayelsa State is responsible and responsive to the plights of the community where it operates.”

He empathized with the victims and encouraged them to be resilient despite being thrown out of their homes temporarily by the natural disaster.

Wabote called on other agencies of government and private sector players to support the communities and the internally displaced persons.

He charged the community leaders and the State Emergency Management Authority (SEMA) to ensure judicious distribution of the donated materials to the affected victims, adding that the Board would monitor the exercise. He further advised the government to create and equip disaster centers where residents of the state can be relocated easily whenever such incidences occur.

Responding on behalf of the Bayelsa State Governor, Honorable Seriake Dickson, the Commissioner for Environment, Mr. Ebipatel Apaingolo appreciated the Board for alleviating the plights of the persons and communities displaced by flood. He maintained that the State Government lacked the capacity to cater for all the displaced persons and called on other corporate bodies and well-meaning individuals to emulate the Board’s kind gesture and support the flood victims.

At the Igbogene camp for the internally displaced persons, the Coordinator, Bayelsa State Emergency Management Agency, Rtd Col. Roland Yekorogha thanked the Executive Secretary for the Board’s support and assured that the items will be properly distributed to the displaced persons in the camp.

Receiving the items at Tombia village, the King of Tombia Ekpetiama, HRM C.A.O Otobotekere was represented by one of his cabinet members, Chief MJP Akanga.

He called on government and non-governmental organisations to assist in curbing the perennial flooding that ravages their community. He recommended channelization and shore protection of the River Nun that is close to the community.

Akanga appreciated the Board for being the first government agency to provide relief items to the community and called for more supports from other organizations and individuals.

The relief materials was distributed to flood victims in Amasoma Community, Tombia Ekpetiama, Igbogene, Okutukutu Community and Opokuma Clan.

NCDMB, Customs to partner on protection of industries, vessel categorization

The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Customs Service (NCS) would collaborate to protect local oil servicing companies by preventing the importation of goods which local firms have full capacities to manufacture. Some of those oil and gas goods include cables, coated pipes, some OCTG tubulars, helical welded pipes and coveralls.

The agencies would also partner to ensure authentic categorization of vessels that operate in the Nigerian oil and gas industry. The essence is to certify that “vessels categorized by the Board that have Nigerian ownership status and demonstrate capacity and capability are given first consideration in contract awards and execution of jobs,” the Executive Secretary of NCDMB, Engr. Simbi Wabote said.

The agreement was reached when the Executive Secretary paid a courtesy visit to the Comptroller–General of Customs, Col. Hameed Ibrahim Ali (Rtd in Abuja recently.

For effectiveness, the two agencies would inaugurate a joint committee. They would also integrate their electronic platforms-the Nigerian Oil and Gas Industry Content Joint Qualification System (NOGIC JQS) and Nigerian Integrated Customs Information System (NICIS).

The collaboration would among other benefits, ensure that NCDMB and NCS excel in the efficient and timely collection and accounting of revenue and protection of the Nigerian oil and gas industry.

Making a case for strict regulation of imports, Wabote said, “we need the Customs to check the activities of some of individuals and companies that flout the provisions of the Nigerian Content Act to import oil and gas products that are available here and thereby create unemployment and kill the dreams of local investors.”

On vessel categorization, the NCDMB boss sought the support of Customs to address difficulties in verifying the authenticity of Custom Duty payment documents presented by vessels vendors to the Board for evaluation and determine status of Temporary Custom Import Duty on vessel ownership.

“This will enable us establish the genuine ownership and categorisation of such vessels in the oil and gas sector.”

In his remarks, the Comptroller–General of Customs commended the Board for the achievements it recorded in the implementation of the Nigerian Content Act and for its initiative to synergize with NCS. He confirmed that NCS would collaborate with the Board, adding that the agency had always wanted to partner key players and regulators in the oil and gas industry in the area of tariff and trade as Customs does not operate in isolation.

He said, “If we must improve on our Local Content, we need to protect the interest of Nigerians.”

Earlier in his presentation, the Executive Secretary highlighted some achievements of the Board, stating that $5bn spend was now being retained in-country out of the annual spend of $20bn, which used to be expended completely overseas in the past.

He added: “Before 2010, we targeted four pipe mills; today we have two world-class pipe mills and five impressive pipe coating yards. Before 2010, only three percent of marine vessels were Nigerian owned; today, Nigerians control and own 36 percent of vessels that are used in the oil and gas industry.

“Before 2010, we had no active dry-dock facilities. The few we had were abandoned and left to rot away. Today, we have four active dry docking facilities in Port Harcourt, Onne, and Lagos. “Over 30,000 direct jobs have been created on the back of implementation of the Act. In fabrication, today Nigeria can handle fabrication of more than 60,000 tonnes per year.”

Speaking further the NCDMB said, “in cable manufacturing, all cables required in the oil and gas sector are all manufactured in-country. Assembly of Offshore Christmas trees in-country never existed before but now there are facilities in-country to do this. We have witnessed the growth of successful indigenous operators such as Seplat, Aiteo, and others. Infrastructure in also in place for FPSO integration in-country like the one done recently for the Egina project.”

He however stated that the Board was still not satisfied with the level of Nigeria Content achieved and had developed a 10-year strategic roadmap with the aspiration of growing Nigerian Content in the oil and gas sector to 70 percent by the year 2027.

NCDMB, FMI, NIS get committee on Expatriate Quota Management

The Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated a committee constituted by its personnel and representatives of the Federal Ministry of Interior (FMI) and the Nigerian Immigration Service (NIS). The intent is to forge close collaborations in the management of expatriate quota (EQ) and grow Nigerian participation in the oil and gas industry sustainably.

The committee was inaugurated on Monday at the NCDMB Abuja liaison office, with a brief to share information and recommend sanction levels for violators of expatriate quota approvals. Part of the committee’s terms of reference is also to develop strategies for the issuance of Temporary Work Permit (TIP) and stemming of EQ abuse by oil and gas companies.

The Executive Secretary of NCDMB, Engr. Simbi Wabote cited the successful integration of the Egina FPSO at the SHI-MCI Yard in Lagos and retention of 28 percent of the US $20bn annual oil industry spend as some of the major success stories of the Board.

Director, Monitoring and Evaluation, Mr. Akintunde Adelana, represented the Executive Secretary at the event and charged members of the committee to work speedily to deliver on the terms of reference.

The Director, Citizenship and Business, FMI, Mrs. Aisha Rufai commended the Board for creating the opportunity for collaboration and assured of the Ministry’s full support to the effective management of expatriate quota in the oil and gas industry.

The Assistant Comptroller General, Visa and Entry Permit, NIS, Mrs. C.A Dibi explained that the agency carries out expatriate quota monitoring from the point of arrival through the point of departure. She added that the NIS carries out periodic investigations to ensure that Nigerians actually understudy expatriates.

Mr. Adelana will serve as the chairman of the committee, Mrs. Rufai as the alternate and Mrs. Dibi as the deputy chairman. Other members of the committee from the NCDMB include Ms. Tassalla Tersugh, Secretary of the committee, Barr. Esueme Dan Kikile, Mr. Ene Ette and Mr. Erefa Samson. Representatives from the FMI are Mrs. Onuba Amaka, Mr. Sabastine Nalok and Mr. Sabastine Zoemlong. The NIS will be represented by Mr. Musa Abubakar and Mr. A.A Okafor.

BGAM Services acquires security vessel with NCI Fund

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has commissioned a new security vessel, MV Tamuno-Dein II, acquired by BGAM Services Limited, the first oil and gas company to access the Nigerian Content Intervention Fund (NCI Fund).

The ceremony was performed on Friday at the Naval Shipyard, Port Harcourt, Rivers State.

MV Tamuno-Dein II is a multi-role ballistic security vessel, with protective machine gun panels, electronic fuel monitoring system and deck command center for security personnel. It will work with the Nigerian Navy to secure offshore oil and gas operations.

In his address, the Executive Secretary explained that “the NCI Fund is part of our initiatives to increase Nigerian Content in the oil and gas sector to 70 percent within the next 10 years. We launched the Fund about a year ago with five products, all at single digit interest rates.”

He stressed that an important condition for accessing the NCI Fund is that applicants must be contributors to the one percent statutory Nigerian Content Development Fund (NCDF).

He hinted that BGAM Services benefitted from the Fund because it was faithful in its contributions to the NCDF, kept its accounts correctly and met the corporate governance requirements of the Bank of Industry (BOI).

“You do not need to know any official of the NCDMB or BOI to access the loan. You just need to meet the criteria.”

He charged BGAM Services to repay the loan as planned and expressed optimism that other companies will benefit from the Fund in the coming months.

Making his presentation, the Chief Executive Officer of BGAM Services, Hon Lucky Brown confirmed that it took the firm less than two months to process its NCI Fund application. He noted that the acquisition of MV Tamuno-Dein II had increased the company’s fleet size to three vessels of different sizes and modes of operation.

Brown advised other companies seeking to access the NCI Fund to be methodical in their accounting and applications and seek help when they have difficulties.

The Managing Director, Naval Shipyard Limited, Commodore Abolaji Oreduru gave a goodwill message at the event and commended the Board for promoting oil and gas operations in the marine sector. “We are into ship repairs, ship building and major fabrication. When people buy ships, they will come to us for maintenance and we are in business.”

Kachikwu performs groundbreaking of Waltersmith Modular Refinery

… FG to compel operators to refine 20% of production

…70% of modular refineries to be fabricated in-country

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu on Thursday performed the groundbreaking of a 5,000 barrels of crude oil per day (bopd) modular refinery being developed by Waltersmith Refining and Petrochemical Company at Ibigwe field, Ohaji Egbema Local Government Area, Imo State. The project is being executed with 30 percent equity financing by the Nigerian Content Development and Monitoring Board (NCDMB) and additional $35 million debt facility from the African Finance Corporation AFC). It is expected to commence production in December 2020.

Speaking at the event, the Minister explained that the Federal Government’s policy on modular refineries is an integral part of the 14-point agenda for reducing militancy in the Niger Delta region. The plan according to him is to set up modular refineries in oil producing communities and use them to create jobs and absorb the militants. “We would take some of the good skills sets they have, polish them and put them into the system.”

He informed that 10 of the 38 licensed modular refineries had made appreciable progress in the development of their projects and the first one is expected to deliver products between December 2018/January 2019. “From modular refineries, we will be able to process about 200,000 barrels of crude and put them into the system.”

He said the Federal Government was engender the establishment of modular refineries through the financing model being managed by the NCDMB and had also granted free custom duty charges and other waivers to enable the investors bring in their equipment.

Kachikwu assured that Government remained committed to completing the revamp of the nation’s four refineries located in Port Harcourt, Warri and Kaduna by 2019, with a target to process about 500,000 barrels of crude oil daily. He regretted that continued importation of refined petroleum products was costing the nation huge sums of money, describing it as a waste of foreign exchange and deprivation of citizens’ jobs.

The Minister expressed excitement that several investors were developing greenfield refineries, that would culminate in about 1,500,000 bopd being refined in Nigeria in a few years, making the country the crude processing hub of West Africa and in control of some part of the East Africa market. He said, “there is the Dangote Refinery in Lagos with the bumper capacity of 650,000 barrels; the Niger-Nigeria refinery that will refine up to 100,000  barrels; the AGIP one which is a 150,000 barrels refinery that will be located in Bayelsa State and the one led by a Chinese consortium that we are finalizing, which would do a co-location. We have two co-location refineries possibilities, each of them promising 100,000 barrels.”

He also hinted that the Federal Government would soon announce a policy to require operating companies to refine locally at least 20 percent of the crude oil they produce, with the percentage graduating to 50 percent in the next five years. “We have no option or we will consistently stay in the abyss of lack of processing while we export all the raw materials.”

In his address, the Executive Secretary, NCDMB, Engr. Simbi Wabote explained that the Board’s decision to invest in the Waltersmith’s modular refinery “is in line with our vision ‘to be a catalyst for the industrialization of the Nigerian oil and gas industry and its linkage sectors’. We stand with the desire of the Federal Government to give effect to the recent pronouncements on the establishment of modular refineries.”

He added that initiatives and partnerships like Waltersmith’s were needed to increase Nigerian Content in the oil and gas sector to 70 percent within the next 10 years. “Beyond our interventions in the local supply chain for in-country capacity utilization, we have broadened our focus to include in-country resource utilization.”

The Executive Secretary confirmed that the Board would consider more proposals in line with its published guidelines, stressing that the capacity of such modular refineries have to be in the range of 1,000bpd to 5,000bpd.

He also confirmed that subsequent modular refineries that would be supported by the Board would have 70 percent of its components fabricated in-country. He clarified that the contractor for the Waltersmith project was permitted to fabricate some of the components in Houston Texas, United States because this was the first time such a project would be executed in Nigeria.

In his welcome address, Chairman of Waltersmith Refining and Petrochemical Company, Mr. Abdulrazaq Isa, explained that the project was “conceptualized in 2011 to mitigate the frequent outage of the third-party export Trans Niger Pipeline (TNP) and optimize the full value of our produced crude through in-country refining and providing products for the domestic market.”

He said the refinery would contribute about 271 million litres of refined products, including diesel, kerosene, HPFO and Naphta, annually to the Nigerian economy, thereby serve as import substitution for meeting domestic demand for petroleum products, create direct and indirect employment as well as reduce the demand for foreign exchange to import refined products.

The MD added that the company had developed plans to increase the capacity of the modular refinery to 30,000 bopd, to process additional products, including petrol (PMS) and Jet Fuel. “We have already executed an MOU with PCC of China towards the installation of the additional capacity within three years, after the startup of the 5,000 bopd modular refinery.”

NAOC holds Nigerian Content workshop for vendors

The Nigerian Agip Oil Company (NAOC) and its joint venture partners have organized a workshop for its contractors on regulatory and procurement best practices.

The workshop was organised in Yenagoa, Bayelsa State recently and sought to enlighten contractors on the regulations, policies and laws that are applicable in the oil and gas industry and encourage compliance.

Delivering the keynote address, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote represented by the Director, Planning, Research and Statistics, Mr. Daziba Patrick Obah commended NAOC/ENI for hosting the workshop in the state annually.

 

He observed that the workshop has contributed immensely in building the capacity of indigenous firms, providing entrepreneurial development and mentoring the companies to build capacities and challenge themselves to grow.

According to him, the Nigerian oil and gas industry lost $380 billion to capital flight due to lack of local capacity in the first 50 years of industry operations.

He said “from five percent Nigerian Content, we have achieved 28 percent value retention, increased in-country capacity in engineering, fabrication, among others.”

 

Mr. Obah also stated that the Board had launched the US$200 million Nigerian Content Intervention Fund (NCI Fund) to assist local contractors.

He added that “for us to achieve our target of 70 percent in-country value retention, we need greater indigenous participation in the industry. You all should set a new strategic vision for your firms so we can have more Nigerian companies.”

In his welcome address, the General Manager – District, Mr. Alessandro Tiani, who represented the Vice Chairman/ Managing Director, Mr. Lorenzo Fiorillo, said the workshop was organised to further demonstrate the company’s commitment to Nigerian Content Development through the implementation of various activities and partnerships.

 

He noted that the workshop was conceived to raise the level of contractors’ compliance with extant laws, empower and enhance their capacities to bid and execute projects in the industry.

Mr. Tiani assured that ENI will continue to build and sustain long term partnerships in the countries it operates by developing local capacities and capabilities of all stakeholders.

In his remarks, the Head of Government and External Relations, Oando, Mr. Adeyemi Oreagba, who represented the Chief Executive Officer, Mr. Wale Tinubu, stated that Oando in collaboration with other joint venture partners of NAOC and NAPIMS would support community contractors and vendors in doing business in the oil and gas industry.

NCDMB, BOI set flexible conditions for US$200m NCI Fund applications

The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) have relaxed some of the conditions for accessing the US$200 million Nigerian Content Intervention Fund (NCI Fund) by qualified oil and gas service companies.

NCDMB and BOI convened a stakeholders’ forum in Lagos recently to address the major challenges applicants face in processing their loan applications. The forum was chaired by the Executive Secretary of NCDMB, Engr. Simbi Wabote and the Managing Director of BOI, Mr. Olukayode Pitan and it drew the participation of 84 delegates from different companies.

Rising from the engagement, NCDMB and BOI agreed that “Bank of Industry may consider the inclusion of Insurance Bonds as collateral for accessing the Fund, provided the bonds are issued by competent and major insurance companies qualified by the Bank.”

There was consensus that BOI should accept other forms of collateral outside of Bank Guarantees, which are listed against each loan type and applicants that have unencumbered collateral acceptable to the BOI can access the NCI Fund loan without recourse to Bank Guarantee.

A key resolution is that an applicant can access loans for two different categories or product types, subject to the applicable single obligor limit under the scheme. The NCDMB will also consider increasing the single obligor limit for Refinancing from US$2m to between US$5m and US$10m, particularly because many companies that attended the forum have such needs.

It was also agreed that there would be no discrimination between international oil companies and national oil companies, rather the history and performance of the Nigerian oil companies will be considered by the BOI when taking a decision.

The Bank of Industry also committed to standardize the conditions for obtaining Bank Guarantees from each commercial bank and this shall be issued to each applicant at the point of application to guide and speed up their pursuit of the document.

As part of efforts to ease access to the NCI Fund, BOI would no longer insist on appointing a Director on the Board of borrowers; but would rather place an officer to monitor the project financed by the loan.

The NCI Fund is a portion of the Nigerian Content Development Fund (NCDF) set aside by the NCDMB for BOI to manage and lend directly to indigenous manufacturers, service providers and other key players in the oil and gas industry, to meet their funding needs.

The available types of funding under the NCI Fund include loans for Manufacturing, Asset acquisition, Contract Finance, Community contractor finance and Loan re-financing.

One percent of all contracts, subcontracts, projects and activities in the upstream sector of the Nigerian oil and gas industry is statutorily to be deducted and remitted to the NCDF, as stipulated by Section 104 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010.

Wabote commissions NigerStar7’s $10m vessel

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote on Thursday in Lagos performed the re-christening of ‘ADABA’, a dynamic positioning   system vessel owned by NigerStar7, valued at $10 million.

NigerStar7 ADABA will be flying the Nigerian National Flag, rated as DP2 and is equipped with Kongsberg DP system. The vessel is also equipped with Fire Fighting System (FIFI) Class 1 and is capable of fighting offshore facility and ports fire incidents.

Speaking at the event held at Snake Island Integrated Free Zone, the Executive Secretary stressed the need for industry players to partner and cooperate among themselves to develop local content in the oil and gas industry and grow investors’ confidence in the economy.

He commended the business model of NigerStar 7, which is a partnership between Nigerdock and Subsea7, noting that it has helped the group build a formidable presence in engineering, fabrication, installation, and project management.

Wabote charged other service providers to build bridges especially now that the industry was rebounding from a period of downturn. “We see rays of light in the sanctioning of big-ticket projects. There is need to collaborate more and build partnerships that last. The opportunities in the industry are quite vast and there is room for a win-win situation for all,” he said.

According to him, the Board has always adopted the partnership mantra, hence it has parallel collaborations with NNPC-NAPIMS, NIMASA, NEPZA, OGFZA, NIS, FAAN, NIPC, EFCC, BOI, and several other agencies and institutions.

He added that “these collaborations are already yielding results such as the alignment with NIMASA on the classification of vessels operating or seeking to operate in Nigerian waters as well as training of seafarers. NNPC-NAPIMS is also preparing the 5-year projection of vessel requirements to guide stakeholders on focus areas and investment opportunities.”

The Nigerian Content chieftain called for several of such collaborations amongst the Nigerian oil and gas service providers, adding that such would create employment opportunities for young jobless graduates and grow businesses in the country.

He noted also that the outright acquisition and deployment of ADABA by Nigerstar 7 in Nigeria show the growing confidence of investors in Nigerian economy under President Muhammadu Buhari’s watch.

The NCDMB Boss emphasized that there are many untapped opportunities in the nation’s oil and gas industry, highlighting that the schedule in the Nigerian Oil & Gas Industry Content Development (NOGICD) Act 2010 presented immense opportunities for players like NigerStar7 to key into.

He reiterated that the Schedule in the Act for marine operations and logistics services provides for 75 percent Nigerian Content in marine installation services and 100 percent Nigerian Content provision for crane barges and heavy lift vessels. He also restated the provision of the Nigerian Content Act that first consideration must be given to Nigerian companies that demonstrate ownership of equipment, personnel and capacity to execute jobs locally.

He further stated that the Board is currently reviewing its vessel categorization process and would soon unfold a robust implementation that meets the aspirations of marine operators in the oil and gas industry.

Speaking earlier, the Chief Executive Officer, NigerStar7, Mr Yann Cottart said the company would invest over $20 million (N7.2billion) to acquire oil floating facilities, vessel and oil servicing equipment that would create job opportunities for offshore and onshore workforce and oil servicing companies.

“We are executing the largest and most complex Engineering, Procurement, Construction and Installation (EPCI) Deepwater projects and with this new addition of vessel, we have become the only Nigerian Tier 1 EPCI contractor with marine assets 100 per cent owned and positioned in-country.” Mr. Cottart disclosed.

Welcoming stakeholders at the ceremony, the Chief Executive of Nigerdock, Mr. Pade Durotoye noted that Nigerdock is the home of ADABA as well as vessels belonging to several other oil and gas service companies in Nigeria.

NCDMB begins training of 250 Bayelsa teachers

The Nigerian Content Development and Monitoring Board (NCDMB) has commenced a development programme for select teachers of junior secondary schools in Bayelsa State in collaboration with the State Government.

The programme commenced on Monday and will ultimately benefit teachers from the six geo-political zones of the nation, with Bayelsa State being the pilot. The particular training will last for 6 weeks and holds at the University of Africa in Toro Orua, Sagbama LGA, Bayelsa State.

Two hundred and fifty teachers are participating in the current scheme – 75 in Mathematics, 75 in English Language, 50 in Basic Science and 50 in Basic Technology.

This development programme is in line with NCDMB’s Nigerian Content Human Capacity Development Initiative, which is geared to grow local skilled manpower for the oil and gas industry.

The Board sponsored the development programme with a view to equipping teachers who are responsible for forming the foundation of Nigerian graduates, some who would work in the oil and gas industry and other key sectors of the economy.

The General Manager, Capacity Building Division, NCDMB, Dr. Ama Ikuru explained that the programme was conceived because the Board had over time detected some deficiencies in many Nigerian graduates while conducting training programmes and preparing them for opportunities in the oil and gas industry. Some of these deficiencies, he added, were attributed to the graduates’ poor learning foundations.