The Nigerian Content Development and Monitoring Board (NCDMB) says it will soon commence a nationwide joint capacity audit. The board said that it would also introduce a harmonised contractor grading system to eliminate intermediaries and strengthen local content in the industry. The Executive Secretary of NCDMB, Mr Felix Ogbe, disclosed …
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The Nigerian Content Development and Monitoring Board (NCDMB) has called for increased indigenous participation in the oil and gas midstream and downstream sectors. The Executive Secretary of NCDMB, Mr Felix Ogbe, made the call on Monday at the 2026 Nigerian oil and gas Midstream and Downstream stakeholders summit on Tuesday …
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The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed that compliance with Nigerian Content regulations in the oil and gas industry remains non-negotiable. The Executive Secretary of NCDMB, Felix Ogbe, stated this on Tuesday at the 2026 Nigerian Oil and Gas Midstream and Downstream Stakeholders Summit in Lagos. Ogbe …
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The Nigerian Content Development and Monitoring Board (NCDMB) has reminded operators, contractors and service companies in Nigeria’s upstream oil and gas sector of their statutory obligation to remit one per cent Nigerian Content Development Fund (NCDF) levy into bank accounts officially designated by the Board. In a statement, Executive …
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THE Nigerian Content Development and Monitoring Board (NCDMB) has outlined its achievements and charged media stakeholders and youth groups on social responsibility. The agency made this known at a workshop organised in Port Harcourt, Rivers State. According to the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, represented by Dr. …
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THE Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has expressed total support for the vision and long-term plan of Renaissance Africa Energy Company Ltd local content development vision The NCDMB helmsman expressed the support for Renaissance Africa Energy Company Ltd, a consortium of four …
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THE Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to achieve 70 per cent local content by the year 2027. Mr Felix Ogbe, Executive Secretary, NCDMB said this on Monday at the Nigerian Content Seminar, a flagship programme of the 2024 Nigerian Oil and Gas Energy Conference (NOG), in …
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THE Nigerian Content Development and Monitoring Board (NCDMB) on Monday announced that it received an interim dividend of N450 million out the N1.5bn declared by the Waltersmith Refinery and Petrochemical Company Limited. This is contained in statement issued by Mr Daniel Kikile, General Manager in charge of Corporate Communications at …
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Nestoil success stories cannot be discussed in a vacuum as the degree is predicated on the specialised services executed by its various Strategic Business Units (SBUs). Ajose Sehindemi examines how the SBUs have impacted the country’s economy. That the Nestoil group is now a household name in the oil …
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If the story of Nigerian local content will be told, the impacts of the Nestoil Group will be a recurring theme of any such discussion. This is because, since its entrance into the oil and gas sector in 1991, 19 years before the enactment of the Nigerian Oil and Gas …
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