Author: Rareview

By ELS William The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the National Power Training Institute of Nigeria (NAPTIN), has concluded the third stream of its Solar Photovoltaic (PV) Installation and Maintenance Training Programme in Rivers State, further expanding efforts to build local capacity in Nigeria’s renewable energy sector. The close-out ceremony marked another milestone in the Board’s human capital development drive aimed at equipping young Nigerians with practical skills for employment and entrepreneurship in the growing solar energy value chain. Speaking at the event, Director General of NAPTIN, Ahmed B. Nagode, commended the NCDMB for sustaining the initiative, disclosing that the programme had already trained more than 300 y...

By Ali Elias The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, has declared that Nigeria’s next phase of industrial growth, employment creation and competitiveness would be driven largely by opportunities in the midstream and downstream segments of the oil and gas industry. Ogbe made the assertion in his keynote address at the 2026 Nigerian Oil and Gas Midstream and Downstream Summit held in Lagos, where he stressed that the future of Nigerian Content implementation now lies beyond upstream activities into gas infrastructure, refining, petrochemicals and domestic energy value addition. The Executive Secretary, represented by his Special Technical Assistant, Engr. Austin Uzoka, opened the engagement with a strong ...

By Ali Elias President of the Dangote Group, Aliko Dangote, is targeting a valuation of about $50 billion for the Dangote Petroleum Refinery and Petrochemicals ahead of a planned stock market listing later this year, in what could become the largest public offering in African capital market history. The proposed listing, expected to involve the sale of up to a 10 per cent stake in the refinery business, could raise approximately $5 billion and significantly deepen investor participation across African markets. According to a report by Bloomberg, the refinery company is exploring a landmark cross-border public offering that would allow shares to be traded on multiple African stock exchanges, marking one of the continent’s most ambitious capital market transactions to date. A...

By Rareview Energydesk For decades, Nigeria’s state-owned refineries stood as symbols of industrial ambition — monuments to a petroleum-rich nation expected to dominate Africa’s energy value chain. Today, they stand instead as enduring metaphors for institutional decay, policy inconsistency and the astonishing capacity of the state to spend billions of dollars without producing corresponding value. The latest chapter in that long and troubled history opened recently when the Nigerian National Petroleum Company Limited (NNPC) announced fresh Memoranda of Understanding (MoUs) with two Chinese firms for the rehabilitation and operation of the Warri and Port Harcourt refineries. On paper, the arrangement appears ambitious. According to NNPC, the agreements with Sanjiang Chemical C...

By Ali Elias The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to host the 2026 Oil & Gas Midstream and Downstream Stakeholders Summit, aimed at deepening investment opportunities and strategic partnerships across Nigeria’s evolving petroleum industry. According to information released by the Board on its website, the two-day summit is scheduled to hold from May 19 to 20, 2026, at Four Points by Sheraton Lagos. The event is expected to attract major players in the oil and gas sector, including government officials, regulators, institutional investors, financiers, operators and Engineering, Procurement and Construction (EPC) contractors. NCDMB described the summit as a premier industry gathering designed to foster collaboration and provide...

By PR The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Thursday in Houston, Texas, United States, enumerated remarkable developments in Nigeria’s investment environment that have made the sector attractive for investments. Speaking at the Original Equipment Manufacturers (OEM) Networking Forum of the Offshore Technology Conference 2026, the NCDMB boss listed some of the developments to include the three landmark Executive Orders signed by President Bola Ahmed Tinubu in February 2024, notably the Oil and Gas Companies (Tax Incentives, Exemption, Remission, etc.) Order, 2024; Presidential Directive on Local Content Compliance Requirements, 2024, and Presidential Directive on Reduction of Petroleum Sector Contrac...