Saturday, October 24Reporting with Care

Author: Rareview

TAMROSE COMPLETES REPAYMENT OF $10M NCI FUND LOAN, PLANS CELEBRATION EVENT

TAMROSE COMPLETES REPAYMENT OF $10M NCI FUND LOAN, PLANS CELEBRATION EVENT

Energy
… 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...
10 YOUTHS PARTICIPATE IN CHEVRON’SROPE ACCESS TECHNOLOGY TRAINING

10 YOUTHS PARTICIPATE IN CHEVRON’SROPE ACCESS TECHNOLOGY TRAINING

Energy
By PR Ten young graduates have started a 12-month training and certification programme on rope access technology under the human capital development (HCD) initiative of Chevron Nigeria Limited and the Nigerian Content Development and Monitoring Board (NCDMB). The training started on Wednesday and will prepare the trainees for rope access operations in difficult-to-reach locations in the oil and gas industry, onshore and offshore. It has five sessions of technical and non-technical modules, including classroom instruction, field practices, and entrepreneurship. Foundational safety is the focus of the beginning phases, while intensive rope access instruction, workshops, and hands-on learning follow. Expo...
NCDMB WINS NAEC AWARD, REAFFIRMS COMMITMENT TO LOCAL CONTENT EXCELLENCE

NCDMB WINS NAEC AWARD, REAFFIRMS COMMITMENT TO LOCAL CONTENT EXCELLENCE

Energy
By PR The Nigerian Content Development and Monitoring Board has reaffirmed its commitment to advancing Nigerian content, deepening indigenous participation, and sustaining future-ready investments across the nation’s energy landscape. The declaration came as the Board was honoured for its sustained efforts in building indigenous capacity within the Nigerian oil and gas sector. It bagged the Local Content Champion of the Year Award at the 2025 Annual Energy Conference of the Association of Energy Correspondents of Nigeria held at the Eko Hotels and Suites, Victoria Island, Lagoson Thursday. Representing the Executive Secretary, Engr. Felix Omatsola Ogbe, the General Manager, Corporate Communications, Dr. Obinna Ezeobi, received the award and delivered the B...
NIGERIA’S GRID IN CRISIS: INDUSTRY GOES SELF‑POWER AS REFORMS LAG

NIGERIA’S GRID IN CRISIS: INDUSTRY GOES SELF‑POWER AS REFORMS LAG

Energy
By Ali Elias  In Nigeria’s power sector, the fault lines are no longer just technical — they are economic, political, and existential. More than 200 companies — among them giants like Dangote Industries, Nigerian Breweries, MTN Nigeria, Flour Mills, Lafarge Africa, Airtel, TotalEnergies, and Chevron — have increasingly turned to self-generation of electricity, operating captive power plants with a combined capacity north of 6,000 megawatts (MW). The trend underscores both the ambition and the desperation of businesses operating in a country where the national grid often delivers well under 5,000 MW to a population of over 220 million, despite installed capacity being about 14,000 MW. In the first quarter of 2025, the Nigerian Electricity Regulatory Commission (NERC) issued 16 ne...
IKEDC OFFICIAL INFLATES BILL AFTER LAGOS TENANTS RESISTED REQUEST FOR BRIBE

IKEDC OFFICIAL INFLATES BILL AFTER LAGOS TENANTS RESISTED REQUEST FOR BRIBE

News
Anike Starmer, a resident of Abesan Estate in the Ipaja area of Lagos, has narrated how Babajide Ososanya, a marketing officer of Ikeja Electricity Distribution Company (IKEDC), inflated the electricity bills of her house after his demand for a bribe was turned down. While speaking with FIJ on Monday, Starmer said the incident happened in April. “On April 22, an IKEDC marketing officer whose name is Babajide Ososanya visited our residence, claiming he needed to inspect the 14 prepaid meters that were installed since August 2024,” said Starmer. “While carrying out the supposed inspection, Ososanya suddenly claimed there were irregularities in our residence’s electricity consumption and metering. “He then, rather shockingly, demanded an inducement from us,...
SEVEN MONTHS IN DARKNESS: LAGOS COMMUNITIES CRY OUT AS IKEDC KEEPS TRANSFORMERS ‘HOSTAGE’

SEVEN MONTHS IN DARKNESS: LAGOS COMMUNITIES CRY OUT AS IKEDC KEEPS TRANSFORMERS ‘HOSTAGE’

News
IJEGUN TRANSFORMER HOUSE WITHOUT THE TRANSFORMER By Jane Ighodalo For over seven months, entire stretches of Egan, Igando, and Ijegun communities in Lagos have lived in darkness — victims of what residents describe as a pattern of neglect by the Ikeja Electricity Distribution Company (IKEDC). Their crime? Owning transformers that broke down and were taken away “for repairs.” Their punishment? Endless waiting, economic hardship, and a creeping sense that power in Nigeria is not just a utility problem — it’s a moral one.“In April, our transformer developed a fault and IKEDC came to take it for repairs,” said Silas Elehibiri, a mechanical engineer who lives in Egan. “They said it would be quick. It’s now seven months, and we’ve been in total darkness.”Elehibiri said at least ten...
NCDMB LAUNCHES NIGERIAN CONTENT LECTURE SERIES, LINES UP JONATHAN, NWAPA, AVURU, VERHEIJEN

NCDMB LAUNCHES NIGERIAN CONTENT LECTURE SERIES, LINES UP JONATHAN, NWAPA, AVURU, VERHEIJEN

Energy
By PR In continuation of its human capacity building initiatives and provision of thought leadership in the Nigerian oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) is set to launch Nigerian Content Academy Lecture Series, focussing discourse on strategic areas in the oil and gas industry. The weekly lecture series is organised by the Nigerian Content Academy, a specialised unit of the NCDMB, and it has already lined up heavy weights in the oil and gas industry and the national economy for the speaking roles. Some of the confirmed speakers include former President Dr. Goodluck Ebele Jonathan, pioneer Executive Secretary of NCDMB, Dr. Ernest Nwapa, Special Adviser on Energy, Mrs. Olu Arowolo Verheijen, Executive Chairman of AA Holdings and former...
NCDMB IDENTIFIES KEY SKILL AREAS FOR CAPACITY BUILDING AS AEW HOLDS IN CAPE TOWN

NCDMB IDENTIFIES KEY SKILL AREAS FOR CAPACITY BUILDING AS AEW HOLDS IN CAPE TOWN

Energy
By PR The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday in Cape Town, South Africa, identified key skill areas it would focus capacity building efforts for optimal job creation opportunities in the Nigerian oil and gas industry. The Executive Secretary of the Board, Engr. Felix Omatsola Ogbe disclosed this in his keynote address at the on-going Africa Energy Week (AEW), as he shared Nigeria’s success story in local content development. The skill areas highlighted for special focus include underwater welding, subsea engineering, geosciences, project management, deepwater operations (drilling, production engineers), instrumentation and controls. Others are digitalization including Artificial Intelligence (AI), helicopter pilots, with a delivery model that is...
LOKPOBIRI VISITS NCDMB BOOTH AS NIGERIA SHOWCASES LOCAL CONTENT DRIVE AT AFRICAN ENERGY WEEK

LOKPOBIRI VISITS NCDMB BOOTH AS NIGERIA SHOWCASES LOCAL CONTENT DRIVE AT AFRICAN ENERGY WEEK

Energy
(3rd and 4th right) Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri and Dr. Obinna Ezeobi ,NCDMB General Manager of Corporate Communications By Ali Elias CAPE TOWN, South Africa — Nigeria’s presence at the 2025 African Energy Week gained momentum on Tuesday as the Minister of State for Petroleum Resources (Oil) and Chairman of the Nigerian Content Development and Monitoring Board (NCDMB) Governing Council, Senator Heineken Lokpobiri, visited the Board’s exhibition booth at the Cape Town International Conference Centre (CTICC).The Minister was received by Dr. Obinna Ezeobi, General Manager of Corporate Communications at NCDMB, who briefed him on the Board’s ongoing initiatives and strategic focus areas. Other senior officials on hand included Mr. Uchendu Ossaowa An...
TRUMP PROMISES ‘SOMETHING SPECIAL’ ON GAZA AS NETANYAHU RAISES CEASE‑FIRE DOUBTS

TRUMP PROMISES ‘SOMETHING SPECIAL’ ON GAZA AS NETANYAHU RAISES CEASE‑FIRE DOUBTS

News
Photo courtesy: CNN By Ali Elias U.S. President Donald Trump has publicly vowed that “something special” is forthcoming in the Gaza conflict, even as Israeli Prime Minister Benjamin Netanyahu voices caution about the White House’s proposed 21‑point ceasefire and governance plan. Their meeting on Monday is now casting a long shadow over the prospects for ending the war.Trump expressed bold optimism on social media Sunday, declaring:“We have a real chance for GREATNESS IN THE MIDDLE EAST. ALL ARE ON BOARD FOR SOMETHING SPECIAL, FIRST TIME EVER. WE WILL GET IT DONE!!! President DJT.”Yet Netanyahu, speaking later on Fox News’s The Sunday Briefing, refused to unequivocally commit. “We’re working on it,” he said, adding: “It’s not been finalized yet.”That marked a sharp divergence from Tru...
Rareview News Report
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.