NCDMB Purchases Equity In 12,000bpd Modular Refinery The Nigerian Content Development and Monitoring Board says it has acquired equity in the 12,000 barrels per day modular refinery being constructed by Azikel Petroleum Limited in Bayelsa State. The NCDMB said in a statement that when completed and...

NCDMB Releases List Of Profitable Vessels For Nigerian Shipowners The Nigerian Content Development and Monitoring Board has identified the types of vessels that local operators in the shipping business should purchase that can guarantee good business and return on investment. The Executive Secretary, NCDMB, Simbi Wabote,...

NCDMB, BoI Place Conditions For $200m NCI Fund Application The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BoI) have relaxed some of the conditions for accessing the $200 million Nigerian Content Intervention Fund (NCI Fund) by qualified oil and gas...

The 2016 3rd quarter Vessel Categorisation Report indicated that about 235 vessels operating in the oil and gas industry were built in the country. The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, told NAN in Lagos that the development was...

In continuation of its drive for the growth and development of the maritime industry, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has inaugurated an inter-agency committee on local content development. Dr. Dakuku Peterside stated that the vision...

Review of tenders and other approvals by the Nigerian Content Development and Monitoring Board (NCDMB) will now be executed on strict timelines as part of new measures to shorten the protracted contracting cycle in the oil and gas industry and revitalise the implementation of...