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...

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 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...

NNPC, IOCs, Others Sign MoU To Reduce Contracting Cycle The Nigerian Content Development and Monitoring Board (NCDMB) has signed a Memorandum of Understanding (MoU) cum Service Level Agreement (SLA) with the Nigerian National Petroleum Company Ltd (NNPCL) and five international oil-producing companies to optimise the...

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...

53 Local Oil Firms Get N124bn NCDMB Loans For Development   At least 53 local oil service firms have accessed the $300 million Nigerian Content Development Fund (NCDF) between 2018 and this year, the Nigerian Content Development Management Board (NCDMB), has said. The general manager of the...