TAMROSE COMPLETES REPAYMENT OF $10M NCI FUND LOAN, PLANS CELEBRATION EVENT
… Grows Fleet by 200%
By PR
Tamrose Limited, a leading oil and gas service company has announced the successful repayment of a $10 million loan it obtained in 2019 from the Nigerian Content Intervention Fund (NCI Fund), the dedicated financing scheme managed by the Nigerian Content Development and Monitoring Board (NCDMB) for growing capacity in the oil and gas industry. NCDMB confirmed that the final instalment was completed on September 30, 2025, with no missed payments throughout the six-year repayment period.
At the time of accessing the loan, Tamrose operated with only four security patrol vessels. With the support of the NCI Fund, the company expanded significantly and today owns a fleet of 15 vessels comprising 10 security patrol vessels and five platform supply vessels...









