NCDMB Unveils N7bn Pipe Manufacturing Plant in Bayelsa The Nigerian Content Development and Monitoring Board has launched a N7bn pipe manufacturing plant at Polaku, Bayelsa State. The Executive Secretary of NCDMB, Engr Simbi Wabote, performed the groundbreaking ceremony, noting that the plant would manufacture Glass Reinforced...

Kyari Says Trans-Morocco Investment Will Generate Prosperity   The Group Managing Director of the Nigeria National Petroleum Company Limited, Mele Kyari, has said that the investment in Trans-Morroco pipelines will engender prosperity in Nigeria and other partner countries. He said plans had been concluded to fix the...

NCDMB: Nigeria Produces Over 420 Tons Of Pipes Yearly The Nigerian Content Development and Monitoring Board (NCDMB) says over 420 metric tons of pipes are now produced in Nigeria yearly. The Executive Secretary of the board, Engr Simbi Wabote,  disclosed this while declaring open a sensitisation...

Fed Govt Saved N3.5trn On Oil And Gas Projects     The federal government has saved N3.5trn ($8.5billion) as it achieves 42 per cent local content in $20.4bn oil and gas projects. The Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote disclosed...

Nigeria’s Domestic Refining Capacity Rises By 3.8% — Report     The refining capacity of Nigeria has increased from 445,000 barrels per day, bpd, to 462,000 bpd, as private investors complete the construction of three new refineries, indicating an increase of 3.8 per cent. The refining capacity of...