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Simbi Wabote

NCDMB eyes $40bn spending in 10 years

  The Nigerian Content Development and Monitoring Board (NCDMB) has said that the board has set a target of $40 billion industry spending in the next 10 years as a...

OPEC president says oil market is correcting

FG unveils $200m bailout for oil, gas firms

The Federal Government on Thursday launched a fund with an initial value of $200m to support local oil and gas firms. The intervention fund, according to the Minister of...

Simbi Wabote

Local content: NCDMB, BoI mull funding increase to $200m

  The Nigerian Content Development and Monitoring Board (NCDMB) may increase its loanable funds to qualified oil and gas operators under the Nigerian Content...

Simbi Wabote

Govt saves $50m yearly from domestication of training, says NCDMB

  Domestication of personnel training in the oil and gas industry saves the nation about $50 million yearly, the Executive Secretary, Nigerian Content Development...

Simbi Wabote

NCDMB praises INTELS over Onne facility

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has commended INTELS Nigeria Limited for developing the Onne Free Zone...

Simbi Wabote

Comply with NOGICD Act, NCDMB tells oil companies

All new projects must comply with the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010, the Executive Secretary of Nigerian Content...

Simbi Wabote

We shall exceed 28% Nigerian content – NCDMB

  The Nigerian Content Development and Monitoring Board (NCDMB), says it is working to surpass the current 28 per cent Nigerian Content in the oil and gas sector of...