Tag: NCDMB

NCDMB Boss Commissions Genesis Academy, Lauds Firm For Creating 2500 Jobs

ADEOLA YUSUF

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State. The NCDMB boss lauded the firm for being the leading provider of catering services for major oil and gas companies in the country and employing over 2,500 persons across its various operations. The firm’s footprints include operating seven standard hotels across the nation, managing 30 restaurants in eight states and operating 12…

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NCDMB Trains 500 Youths In Solar Power Installation, Maintenance In Cross River State

ADEOLA YUSUF

The Nigerian Content Development and Monitoring Board (NCDMB) has successfully trained 500 youths in Cross River State on solar power installation and maintenance, with the training taking place in three locations: Calabar, Bekearra and Ogoja, making a significant contribution to the country’s sustainable energy sector. Abdulmalik Halilu, Director, NCDMB, Planning, Research and Statistics, in his comment at the closing ceremony on Friday, hinted that the Board initiated the programme to create employment opportunities in the country, generate wealth and empower the youths to contribute to the economy of the nation.…

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NCDMB, Waltersmith Refinery,Partner On Graduate Retraining

ADEOLA YUSUF

A 12-month Nigerian Content NC-Remedial Training Programme for young university graduates kicked off on Friday in Port Harcourt, Rivers State, with 29 trainees expected to focus on general skill sets and specialised skill sets that would fit them for oil and gas industry operations. Organised by the Nigerian Content Development and Monitoring Board (NCDMB), in conjunction with Waltersmith Refining and Petrochemical Company Limited, the programme would introduce the participants to Entrepreneurship, Health Safety at Work, Information and Communication Technology (ICT), and Engineering Materials, under the general skill sets. These are…

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Nigeria Crashes Oil Contract Cycle To 180 Days, NCDMB, NNPC, IOCs Seal Deal

ADEOLA YUSUF

With the goal of quickly ramping up Nigeria’s flagging crude oil production, ensuring compliance with the provisions of the Nigerian Content Act, and timely approvals of documents, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Abuja signed a Memorandum of Understanding (MoU) cum Service Level Agreement (SLA) with the Nigerian National Petroleum Company Ltd (NNPC Ltd) and five international oil-producing companies. The SLA was conceptualised by the NCDMB and is intended to optimize the contracting cycle in the oil and gas industry and spur the speedy development…

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NCDMB, BOI Ink Amendment of MoU on $50m NOGaPS Manufacturing Fund

ADEOLA YUSUF

. Angola, Namibia to replicate funding model The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BoI) have signed an amendment to the Memorandum of Understanding (MoU) on the $50million NOGaPS Manufacturing Fund. The Fund was created by the NCDMB and domiciled with BoI to attract oil and gas equipment manufacturers to the Nigerian Oil and Gas Parks Scheme (NOGaPS) facilities established by the NCDMB, and increase access to affordable finance by the manufacturing entities. The signing of the amended MoU took place in Lagos on…

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NCDMB, NAICOM Lead Confab On Oil, Insurance Local Content Synergy

ADEOLA YUSUF

The Nigerian Content Development and Monitoring Board, NCDMB, has accepted to lead discussion at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and Oil and Gas Sector. Platforms Africa reports that the Executive Secretary of the Board, Simbi Kesiye Wabote, who has, according to a statement, confirmed NCDMB’s participation, has also accepted to be the Guest speaker at the conference being organized by STANMEG Communications, publishers of Oriental News Nigeria Online. The conference is bringing key stakeholders and regulatory agencies in both the oil and…

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NCDMB, BOI Launch $50m Fund for Oil Industry Manufacturing

ADEOLA YUSUF

  The Nigerian Content Development and Monitoring Board (NCDMB) and Bank of Industry on Wednesday in Lagos launched a $US50 million dollars fund for NOGAPS Manufacturing Product Line. The fund is to incentivize companies that would operate in the Nigerian Oil and Gas Parks and engage in the manufacturing of equipment components used in the oil and gas industry and linkage sectors. Speaking at the signing, the Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote mentioned that the fund would support oil and gas companies that would operate in the…

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Imo Varsity Awards Wabote Doctor of Science, Celebrates Accomplishments

ADEOLA YUSUF

For his excellent contributions to the growth and transformation of the Nigerian oil and gas industry and the towering leadership he has provided for the development of local content in Nigeria and Africa, the Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote, was on Saturday conferred with a Doctor of Science degree, honoris causa at the 8th convocation of the Imo State University, Owerri. The award was received on his behalf by the Director, Planning, Research and Statistics,NCDMB, Mr. Patrick Daziba Obah, who dedicated…

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Wabote Emerges Leadership Local Content champion Of The Year

ADEOLA YUSUF

NCI fund the most performing funding scheme SIMBI Kesiye Wabote, executive secretary of the Nigerian Content Development and Monitoring Board, NCDMB, has been selected as the recipient of the Leadership Local Content Champion of the Year Award by the Board of Editors of the Leadership Group Limited. The award will be conferred on the him  at the 14th edition of the Leadership Conference and Awards scheduled for Tuesday, January 31, in Abuja. The event is expected to be chaired by Vice President Yemi Osinbajo, and the guest speaker is Uhuru Kenyatta, the immediate past…

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BREAKING: Nigeria’s Oil Production Hits 1.59m Barrels Daily

ADEOLA YUSUF

. How country left 30 Year-Low Output Region with 653,000 bopd production surge – Bala Wunti   Nigeria’s oil production on Tuesday hit 1.59 million barrels per day, from 937, 000 barrels per day it was as at September. Chief Upstream Investment Officer (CUIO), NNPC Upstream Investment Management Services (NUIMS), Bala Wunti, who declared this at the 11th Practical Nigerian Content (PNC) forum in Uyo, Akwa-Ibom state, maintained that the output increase was a result of the government’s rectangular approach to the fight against crude oil theft. Fielding a question…

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