Tag: Capacity Building

NCDMB Crashes Nigeria Oil industry’s Capital Flight by $126bn

ADEOLA YUSUF

Simbi Wabote-led NCDMB holds Capacity Building workshop for Media Stakeholders, declares that 275 oil companies violated local content law The $300 billion oil industry capital flights suffered by Nigeria before the advent of Local Content implementation has been reduced by 42 percent. Platforms Africa reports that the General Manager, Research, Statistics & Development, Nigerian Content Development and Monitoring Board (NCDMB), Abdulmalik Halilu, said this in Lagos during a Capacity Building Workshop for Media Stakeholders. Data compiled exclusively by Platforms Africa shows that 42 per cent of $300 billion is $126…

Read More

Capacity Building, Funding key conditions for Local Content Growth – Wabote

ADEOLA YUSUF

Any nation or sector of the economy that seeks to implement Local Content policies successfully must deploy certain programmes such as Capacity Building initiatives, Funding and Incentives and Research and Development, Gap Analysis, Regulatory Framework and Access to market. Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB) Engr. Simbi Kesiye Wabote, identified these conditions recently in a presentation he delivered to the 6th Ugandan International Oil and Gas Summit titled “Developing A World Class Local Content Structure.” Drawing from the successful implementation of the Nigerian Oil and Gas…

Read More