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NCDMB Approves Over 440 Expatriate Slots in Oil Sector

NCDMB Approves Over 440 Expatriate Slots in Oil Sector   The Nigerian Content Development and Monitoring Board (NCDMB) has approved the requests of no fewer than 448 foreigners to work and earn a living in the oil and gas sector, even as the Federal Government pushes...

FG Demands Proof of Local Content Remittance from Oil Firms

FG Demands Proof of Local Content Remittance from Oil Firms The Federal Government has directed upstream oil and gas operators to secure compliance certificates confirming their one per cent remittance to the Nigerian Content Development Fund. The Nigerian Content Development and Monitoring Board, an agency of...

FG Halts Importation of Oil Pipelines

FG Halts Importation of Oil Pipelines   The Federal Government has announced a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Thursday during the launch of Monarch Alloys 33LPE and concrete weight coating facility in...

Petroleum Sector Local Content Rises 56% – NCDMB

Petroleum Sector Local Content Rises 56% – NCDMB The Nigerian Content Development and Monitoring Board, on Wednesday, announced that local content in the petroleum industry has now reached 56 per cent, with ongoing reviews likely to further enhance this figure. The NCDMB Executive Secretary, Felix Ogbe...

NCDMB Takes 20% Stake in 100,000bpd Refinery Project

The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day (bpd) refinery project

NCDMB Calls for Local Patronage of $5bn Bonga North, $550m Ubeta Projects

NCDMB Calls for Local Patronage of $5bn Bonga North, $550m Ubeta Projects The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated its call for the patronage of indigenous oil and gas facilities during the award and execution of projects such as the Shell”s $5...