Energy

By PR The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled a $100 million Equity Investment Scheme among a raft of fresh initiatives to bolster indigenous capacity and participation in the oil and gas industry. The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe announced this in a keynote address he delivered at the opening day of the 14th Practical Nigerian Content Forum, which ended on Thursday.  The capacity audience included three ministers of state, members of the Local Content Committees of the National Assembly, a representative of the Bayelsa State Governor, Special Adviser to the President on Energy, two former Executive Secretaries of the NCDMB, Managing Director, Bank of Industry, and captains of the oil and gas industry. ...

By Ali Elias The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has reaffirmed the Board’s commitment to reconnecting with grassroots communities as a strategic step to deepen understanding of Nigerian content and strengthen local participation in the oil and gas industry. At the Nigerian Content Youth and Civil Society Conference held in Yenagoa, Bayelsa State, Engr. Ogbe—represented by the Board’s General Manager, Corporate Communications, Dr. Obinna Ezeobi—declared that the era of high-level, distant communication must give way to a more inclusive, community-facing engagement model he described as “back to the creeks.” Delivering the welcome address on behalf of the Executive Secretary, Dr. Ezeobi said the NC...

By Ali Elias Nigeria must streamline project delivery, strengthen local content, and create a more competitive investment climate if it hopes to scale up energy production and secure long-term industrial growth, Special Adviser to the President on Energy, Olu Verheijen, has said. Delivering the keynote address titled “Streamlining Project Delivery for Improved Efficiency” at the Practical Nigerian Content Forum 2026 organised by the Nigerian Content Development and Monitoring Board (NCDMB), Verheijen said the administration of President Bola Ahmed Tinubu has placed efficient project execution at the heart of its upstream energy reforms. She applauded the NCDMB for what she described as its “consistent commitment to innovation, boundary-pushing ideas and practical, transformative r...

By Ali Elias Theme: Securing Investments, Strengthening Local Content and Scaling Energy Production YENAGOA — The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday set a decisive tone for Nigeria’s energy future as he unveiled a slate of new policy tools, financing schemes, regulatory reforms, and strategic initiatives at the opening of the 2025 Practical Nigerian Content (PNC) Forum holding at the Nigerian Content Tower, Oxbow Lake, Yenagoa, Bayelsa State. The four-day forum, themed “Securing Investments, Strengthening Local Content and Scaling Energy Production,” formally commenced with Ogbe’s keynote address—one that blended sober stocktaking with a forward-facing roadmap for strengthening local capacity ...

By PR A total of 331 young graduates of diverse academic disciplines on Thursday received certificates and awards after completing a 12-month Human Capital Development Basic Training Programme on the Nigeria Liquefied Natural Gas (NLNG) Limited Train 7 Project. The hands-on training, which held on a live LNG Plant at Finima, Bonny Island, base of the NLNG Limited, centred on Lifting and Working at Heights, Marine and Offshore Services, Quality Management Systems, Facility Management and Maintenance, Information and Communication Technology (ICT), Engineering, Welding and Fabrication, and Non-Destructive Testing (NDT). In the keynote address, the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, commended the NLNG and partner companies for their unwavering commitment to Nige...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday at the Nigerian Content Tower (NCT), Yenagoa, held an interactive session with students union leaders of tertiary institutions in Bayelsa State, to raise awareness about the Board’s vision and mandate as well as projects in the state, and emphasise the important roles expected of students in the sustainable development of society. In attendance were Student Union Government (SUG) officials drawn from Bayelsa Medical University, Yenagoa, Federal University, Otuoke, National Open University, Yenagoa Centre, University of Africa, Toru-Orua, Bayelsa State College of Health Sciences, Federal Polytechnic, Ekowe, Isaac Jasper Adaka Boro College of Education, Sagbama, and Internatio...

By PR The General Manager, Corporate Communications Division of the Nigerian Content Development and Monitoring Board (NCDMB), Dr. Obinna Ezeobi has identified creativity and innovation as part of the driving force in the implementation of local content policy in Nigeria’s oil and gas industry. Addressing a capacity audience at the Bayelsa Creatives Converge 2.0, held at the D.S.P. Alamieyeseigha Memorial Banquet Hall, Ovom, Yenagoa, he said changing the way things were done in the sector demanded creativity and pragmatism after the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010.  The NOGICD Act, he explained, was instituted to reverse decades of near-total dominance of the indu...

By PR Nigeria LNG Limited (NLNG) and the Nigerian Content Development and Monitoring Board (NCDMB) engaged in productive discussions towards collaboration in support of NLNG’s planned revamp and enhancement of key operational facilities in Trains 1 to 6 of the NLNG Plant. The initiative is aimed at improving asset performance and overall productivity. This took place during the Nigerian Content Stakeholders Retreat hosted last week at NLNG’s operational base at Finima, Bonny Island, Rivers State. During the retreat, the General Manager Production, NLNG, Nnamdi Anowi outlined the company’s revamp programme named “Accelerated Asset Intervention (AAI).” He explained that the initiative is expected to commence in 2026 and will require NCDMB’s support and relevant approvals to enabl...

By PR The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited and First Exploration & Petroleum Development Company Limited (First E&P) recently launched the Nigerian Engineering Olympiad (NEO), an engineering competition aimed at addressing at inspiring engineering students to develop innovative projects that will solve societal problems. The project is championed by Enactus Nigeria and has the Nigerian Society of Engineers (NSE) as key partner. Explaining the concept, Country Director of Enactus Nigeria, Michael Ajayi, stated that the Nigerian Engineering Olympiad will inspire final-year, and postgraduate engineering students to envision and build a self-reliant Nigeria driven by knowledge, innovation, ...

By Ali Elias LAGOS — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it approved about $20 billion worth of Field Development Plans (FDPs) within the last 10 months, a milestone the regulator says reflects renewed confidence and increasing momentum in the nation’s upstream petroleum sector. Gbenga Komolafe, Chief Executive of the NUPRC, disclosed the development at a two-day strategic media workshop for energy correspondents in Lagos. He was represented at the event by Efemona Bassey, Deputy Director for Human Resources, Corporate Services and Administration. Komolafe said the approvals demonstrate measurable progress in Nigeria’s oil and gas industry despite a global downturn in fossil fuel investments. He attributed the improvement to the regulat...