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LOCAL CONTENT

Nigeria Needs N20 Billion Annually to Fix Gas Infrastructure Deficit as Reserves Offer Solutions to Energy Challenges – Eterna Plc MD

……..by Ben Ndubuwa……… The Managing Director and Chief Executive Officer of Eterna Plc, Abiola Lukman Lawal, has stated that Nigeria needs N20 billion annually to fix the gas infrastructure deficit as the nation’s vast reserves provide an immediate solution to the nation’s ongoing energy challenges, if properly managed and leveraged. Speaking at the 2024 NAEC Annual Strategic International Conference, held ...

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NCDMB, Petroleum Commission Ghana Sign MoU on Local Content Development

Executive Secretary, Engr. Felix Omatsola Ogbe, represented by Director of Monitoring and Evaluation, Mr. Abdulmalik Halilu, and the Director Legal Services, Mr. Naboth Onyesoh, Esq, signed on NCDMB’s side, while the Executive Secretary/Chief Executive Officer of Petroleum Commission, Ghana, Mr. Egbert Fabille Jrn and the Acting General Counsel, Nana Akua Agyei signed on behalf of their organisation. ..…Urges collaboration among ...

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NCDMB, Triple Helix to Host Research and Innovation Conference

In a bid to create a platform for critical stakeholders to share ideas, explore opportunities for collaboration and co-create pathways for the commercialisation of research outputs, the Nigerian Content Development and Monitoring Board (NCDMB) is partnering Triple Helix Nigeria (THN) to host the maiden edition of the SciBiz Annual Conference 2024.Themed “Integrating Research Innovation and Policy: Triple Helix Pathway to ...

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Practical Nigeria Content: Nigeria’s Oil and Gas Sector Poised for Transformation as Indigenous Companies Take the Lead

………by Ben Ndubuwa…… Nigeria’s oil and gas sector is at a critical juncture, with new opportunities emerging as the global energy landscape evolves. Amid this shift, the Federal Government is pushing to attract investment and promote local content as a key business driver. Indigenous companies are increasingly stepping up, taking on a larger role in offshore projects and expanding in-country ...

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NCDMB Lauds Nigerian Content Achievements in NLNG’s Train 7 Project, Seeks Greater Industry Collaboration

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended the significant Nigerian Content strides achieved in the Nigeria LNG Limited (NLNG) Train 7 Project. Speaking on Friday during a visit to the NLNG six-train plant, Train 7 Project construction site, and the NLNG Shipping and Marine Services Limited (NSML) training centre, ...

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NCDMB Retains Top Ranking as Presidential Council Evaluates Efficiency, Transparency of MDAs

The Nigerian Content Development and Monitoring Board (NCDMB) has retained its top ranking in business efficiency and transparency among ministries, departments and agencies (MDAs), as captured in the latest evaluative assessment by the Presidential Enabling Business Environment Council (PEBEC). In the ‘2024 Half Year Transparency and Efficiency Compliance Report (January 2024-June 2024),’ released on Tuesday in Abuja by PEBEC, the ...

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NCDMB Boss Commends Lee Engineering, Pledges Continued Support to Indigenous Company

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content and to boost their production operations.Speaking during a facility tour of the 10,000-square-metre fabrication yard of Lee Engineering and Construction Company Limited, Warri, Delta State on Friday, ...

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NCDMB Holds Retreat with Senate Committee on Local Content, Seeks Close Collaboration

Photo: Cross-section of NCDMB management and members of the Senate Committee on Local Content at the 3-day retreat at Abuja, aimed at forging closer collaboration between the two entities and improving implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. The Nigerian Content Development and Monitoring Board (NCDMB) and the Senate Committee on Local Content on Sunday ...

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EKEDC Board Approves 20 Percent Cost of Living Adjustment for Staff

Eko Electricity Distribution Company (EKEDC) is pleased to announce that its Board of Directors has approved a 20% Cost of Living Adjustment (COLA) for all staff, effective July 2024. This decision reflects the Company’s commitment to the well-being and financial stability of its workforce amid the current economic realities. Through the increment, EKEDC aims to support its staff in maintaining ...

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NCDMB Unveils Procedures for Implementation of Presidential Directive on Local Content, Highlights Recent Accomplishments

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Monday in Abuja hailed the Presidential Directive on Local Content Compliance Requirements as crucial for enhanced competitiveness and mitigation of risks in regard to unqualified contractors, just as he unveiled five focal areas for implementation of the policy initiative.The Executive Secretary spoke at the Nigerian ...

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