Tag: NCDMB

Nigerian deep offshore drilling: Minister Lokpobiri highlights capacity gaps in local industry

Business Damilola Bayonle -
No Nigerian Firm Can Handle Deep Offshore Drilling – Minister Lokpobiri Warns The Minister of State for Petroleum Resources (Oil),...

FG launches $100m equity investment scheme to empower Nigerian oil companies

Business Damilola Bayonle -
The Federal Government of Nigeria has unveiled a bold initiative aimed at strengthening indigenous participation in the oil and...

Timipre Sylva EFCC probe: Former minister declared wanted over $14.8m Allegation

Business Damilola Bayonle -
The Economic and Financial Crimes Commission (EFCC) has officially declared former Minister of State for Petroleum Resources, Timipre Sylva,...

House launches probe into abandoned $35m modular refinery project

Business Damilola Bayonle -
The House of Representatives has initiated an investigation into the stalled $35m modular refinery project in Brass, Bayelsa State...

Nigeria first policy: NCDMB supercharges 100 indigenous firms with $350M Boost”

Business Damilola Bayonle -
In a landmark move aimed at strengthening local content and fostering economic growth, the Nigerian Content Development and Monitoring...

Jonathan: Western Oil Firms Exploited Nigeria’s Weak Laws

Business Damilola Bayonle -
Nigeria’s former President, Goodluck Jonathan, has sharply criticized Western oil companies for exploiting Nigeria’s historically weak legal framework and...

NCDMB Calls on IOCs to Prioritize Local Company 

Business Damilola Bayonle -
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omotsola Ogbe, has issued a...

Hire Only Registered Engineers or Risk Sanctions – FG to Oil, Gas Companies

Business Omolola Akinyemi -
NCDMB Warns Oil Firms Against Hiring Unregistered Engineers, NUPRC Unveils Plan to Boost Local Capacity The Nigerian Content Development and...

EFCC Starts Trial of Oil Tycoon Akindele for $35m NCDMB Fraud

Investigation Omolola Akinyemi -
The Economic and Financial Crimes Commission (EFCC) has officially commenced the prosecution of renowned oil industry figure, Dr. Akintoye...