Energy

By Sola Adebawo The Africa Energy Bank has crossed a milestone that eluded it for years. On 31 October, the African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organisation (APPO) formally announced its establishment at an inaugural general meeting in Abuja. Helmy Ghazi was named its first president, and the institution’s board was constituted. The headline figure is US$5 billion in authorised capital. That is significant progress. But authorised capital is not money ready to lend. It is the amount an institution is permitted to issue under its capital structure. It does not tell us how much shareholders have subscribed or paid in, or how much the Bank can currently deploy. Before the formal establishment, APPO’s secretary-general told S&P Global ...

By PR NNPC Limited confirms that gas transportation network operated by its subsidiary, NNPC Gas Infrastructure Company Limited (NGIC), remains available to support deliveries to power generating stations Nationwide without any constraints. NGIC’s operational records do not indicate transportation-related constraints within its network that explain the current decline in electricity generation. NNPC Limited is focussed on actualizing the Federal Government’s gas development and monetization agenda which has led to about 10% growth in gas production volumes 2026 year to date. Gas supply availability is therefore not a challenge as NNPC remains committed to supporting efforts to improve electricity generation through safe, reliable and efficient gas supply and transportation. Th...

By PR Sixty-nine Nigerian youths of varying academic and professional backgrounds on Wednesday in Port Harcourt underwent kick-off formalities for a 12-month Nigerian Content-Human Capacity Development (NC-HCD) specialised training in digitalisation, with specific emphasis on Python (a high-level programming language), and Cisco networking. Sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and Renaissance Africa Energy Company (RAEC) Limited, the programme involves structured on-the-job training in key areas such as software development, cybersecurity, and Cisco networking, that is, the use of hardware and software (developed by California-based Cisco Systems) for design, management and trouble-shooting of computer networks. Health, Safety and Environment...

By PR Abu Dhabi, United Arab Emirates – The Nigerian Content Development and Monitoring Board (NCDMB) has underscored Nigeria’s growing attractiveness as a destination for oil and gas investments, highlighting recent policy reforms and Nigerian content initiatives that have helped secure major industry projects and investment commitments. The General Manager, Corporate Communications, Dr. Obinna Ezeobi, delivered this message on Wednesday at a Strategic Leadership Roundtable Briefing held at the ADIPEC Energy Conference in Abu Dhabi, United Arab Emirates, where he represented the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe. The high-level roundtable, themed “Delivering the Energy the World Needs: Recalibrating Upstream Projects,” brought together 21 global industry...

By Ali Elias LAGOS — Nigeria LNG Limited (NLNG) has said its Train 7 project is expected to add about 250,000 tonnes of cooking gas annually to domestic supply, as the company intensifies efforts to expand gas availability, promote industrialisation and strengthen local participation in the energy sector. The company's Managing Director and Chief Executive Officer, Adeleye Falade, disclosed this while speaking at the Franco-Nigerian Chamber of Commerce and Industry (FNCCI) Energy Roundtable, held during the 2026 French Week in Lagos. Falade said natural gas remained a major opportunity for Nigeria to accelerate industrial development, create employment and attract foreign direct investment, stressing that the country's energy growth must be accompanied by deliberate measures t...

By PR Fifteen personnel of managerial and supervisory cadres from the Nigeria Liquefied Natural Gas Company (NLNG) Limited on Monday commenced a weeklong specialised training at the Nigerian Content Academy (NCA), the knowledge-sharing and training arm of the Nigerian Content Development and Monitoring Board (NCDMB). The training programme, which is being held at the 17-storey Nigerian Content Tower (NCT), Swali, Yenagoa, focuses on the operational framework that guides the NCDMB in determining how contracts are awarded in Nigeria’s oil and gas industry, how people are trained under Human Capacity Development (HCD) programmes, and how value is retained in-country. Representing the Director, Capacity Building Directorate (CBD), Engr. Abayomi Bamidele, the General Manager, NCA, ...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) has commenced a five-day Teachers’ Training and Welfare Initiative for 50 teachers drawn from Badagry, Epe and Ikorodu in Lagos State, starting learner-centred teaching methods and approaches to improving pupils’ understanding. The programme, which was officially launched on Monday, is organised under the Board’s Back-to-the-Creek Initiative, and is designed to refresh teachers’ knowledge of the profession and expose them to modern teaching techniques. It also made provision for teachers with disabilities, including sign-language interpretation to support their participation. Representing the NCDMB, Senior Manager Institutional Relations and Entrepreneur Development at the Board, Engr. James Eyetigha, said...

By PR The Project Certification and Authorisation Directorate (PCAD) of the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday at the Conference Centre of the Nigerian Content Tower (NCT), Yenagoa, emphasised that capacities and technical capabilities developed by Nigerian professionals and service companies have to be optimally utilised and that every tender for projects in the oil and gas industry is an opportunity for deployment of such expertise and assets. PCAD, one of the seven operational directorates of the NCDMB, charged with plan approvals and tender certification, contracting and operations management, as well as compliance guidance, was making a technical presentation at the second edition of the monthly LearnFest Series organised by the Nigerian Co...

By PR The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women), is set to advance joint initiatives aimed at boosting women’s participation in the oil and gas industry. Central to this effort is expanding access to the dedicated $40 million Women in Oil and Gas Fund, ensuring that more women-owned businesses and professionals benefit from industry’s opportunities and play a stronger role across the sector’s value chain. In April 2021, the NCDMB established a $20 million fund dedicated to supporting women-owned and women-led businesses in the oil and gas sector. The Nigerian Export-Import Bank (NEXIM) complemented this effort by matching the fund with an additional $20...

By Rareview EnergyDesk For families in oil-producing communities of Rivers State, the difference between development promises and tangible progress can be measured in everyday experiences: a child learning in a better classroom, a household gaining access to cleaner water, a trader working in a more suitable market, or a sick resident receiving medical attention without the immediate burden of healthcare costs. These are among the needs the NNPC/Heirs Energies Joint Venture says it is addressing through more than 50 community development projects and programmes commissioned and handed over across its OML 17 host communities in Rivers State. The projects, implemented through the OML 17 Host Communities Development Trust (HCDT), form part of a wider development portfolio coverin...