Tag: Simbi Wabote

50% of $12bn Train 7 project to be executed locally – NCDMB

Efe Wellington

NCDMB to hold virtual Oil and Gas Opportunity Fair   The Nigerian Content Development and Monitoring Board (NCDMB) has declared that 50 per cent of Train 7 gas project would be executed locally. The full value network of the Train 7 project is nearly $12bn, which includes the net cost of the project, estimated at $4-$5bn and an identical expenditure to be incurred on the company’s operational base in Bonny. The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote who said this while revealing that the 2021 edition of the…

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Reasons Nigeria ruled out 100% Local Content attainment for Oil, Gas Sector

Efe Wellington

  NCDMB is not advocating attainment of 100 percent Nigerian Content in the oil and gas Industry. Here is why according to Wabote   Nigeria, African biggest crude oil exporter, had ruled out advocacy and attainment of 100 percent Local Content for its oil and gas sector. Executive Secretary, the Nigerian Content Development and Monitoring Board, NCDMB, Simbi Wabote, who said this, maintained that his board is even not advocating for 100 percent Nigerian Content in the oil and gas Industry. “If the board wants to implement the Nigerian Content…

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Why we approached NCDMB for Collaboration – Nigerian Amnesty Boss

Efe Wellington

  The Presidential Amnesty Programme (PAP) has declared that it decided to approach the Nigerian Content Development and Monitoring Board (NCDMB) based on the board’s industry role, which will be of immense benefit to get the ex-agitators to become entrepreneurs and employers of labour. PAP and the NCDMB, Platforms Africa reports, agreed to work together to build the capacity of beneficiaries of the amnesty programme. Interim Administrator of the PAP,  Milland Dixon Dikio while enumerating the vision and strategic plan of the PAP under him, said everything is being done…

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Why NCDMB investments limited to Govt Policies, Projects – Wabote

Efe Wellington

  The Nigerian Content Development and Monitoring Board (NCDMB) has said that it would not invest in competitive business areas because such investments would compromise its morale position as a regulatory agency. The board added it only partners with strategic policies and projects that are promoted by the Federal Government and would not invest in oil and gas businesses that have competitive private players. The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote made the clarification on Tuesday when he hosted members of the Women in Energy Oil and Gas…

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