NIGERIA: NCDMB to Launch US$50m Fund for Oil Industry Manufacturing

The Nigerian Content Development and Monitoring Board (NCDMB) has secured approval to launch a US$50 million fund for NOGAPS Manufacturing Product Line. This fund would be dedicated to companies that … Read More

Africa Local Content Fund to catalyze Research & Development and drive Local Content Initiative – NCDMB

Poised to take full advantage of emerging opportunities in local content administration, key stakeholders and policy leaders in Africa’s Oil and Gas, and other related sectors, yesterday met in Yenagoa, … Read More

Nigeria, Morocco Sign MOUs to Promote the Development of Hydrocarbons

The Federal Government and the Kingdom of Morocco on Tuesday signed five strategic Memorandum of Understandings (MOUs) that would foster Nigerian – Morocco bilateral collaboration and promote the development of … Read More

NIGERIA: NCDMB, PETAN sign agreement on US$30m Working Capital Scheme

The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the … Read More

NIGERIA: Buhari inaugurates 5,000 bpd Waltersmith Modular Refinery

A 5,000-barrel per day Waltersmith modular refinery in Ibigwe in Imo State in south-eastern Nigeria was on Tuesday inaugurated by President Muhammadu Buhari. Inaugurating the refinery, which was performed virtually, … Read More

President Buhari Renews Appointments of NCDMB, PTDF, PEF, Bosses

President Muhammadu Buhari on Friday renewed the appointment of Engr. Simbi Kesiye Wabote as the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB).   Mr. President also … Read More

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