Energy

By PR A national effort to connect research, government, and industry in addressing Nigeria’s development challenges took center stage on Tuesday, as stakeholders convened in Abuja for the 2025 edition of the Science and Business (SciBiz) Conference. The event, themed “Collaborative Ecosystems for Sustainable Innovation and Economic Growth,” united policymakers, academics, and private sector leaders to examine how Nigeria can foster a knowledge-driven economy rooted in innovation and strategic partnerships. Representing the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, the Board’s Director of Corporate Services and President of Triple Helix Nigeria, Dr. Abdulmalik Halilu, described the forum as “a significant miles...

By PR The Nigerian Content Academy Lecture Series organised by the Nigerian Content Development and Monitoring Board (NCDMB) got off to a thought-provoking start on Friday with a panoramic overview of local content strategy and implementation in the Nigerian oil and gas industry and a word of caution to industry players to not trifle with the initiative. In a presentation on the topic “Staying the Nigerian Content Course in the Midst of Delivery Challenges,” the pioneer Executive Secretary of the NCDMB, Dr. Ernest Nwapa, addressed several industry issues, dismissing the notion that the absence of final investment decisions (FIDs) in the country’s oil and gas sector over a period of time was caused by stringent implementation of local content policies by the NCDMB. According to him, “...

By Els William Nigerian SMEs in the oil and gas services sector have been given a significant financial shot in the arm: the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with the Nigerian Export-Import Bank (NEXIM) have disbursed about US$42 million to local companies. The funds are designed to deepen indigenous participation, build capacity, and help bridge the gap between operators in Nigeria and their counterparts globally.At the “Deepening Local Content through Certification, Compliance and Financing Support” forum held in Port Harcourt, Muhammed Z. Awami, Head of Specialised Business at NEXIM, delivered the disclosure. He said:“Once you meet pre-disbursement conditions, we disbursed the funds to you … When it’s time to repay, we expect that repayments ar...

By Ali Elias Lagos — The Dangote Refinery, now operating at a scale once thought ambitious for Nigeria, is rapidly altering the country’s fuel landscape — and for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the task is to ensure that such transformation is harnessed, regulated, and expanded.Speaking Thursday at the annual conference of the Association of Energy Correspondents of Nigeria (NAEC), Farouk Ahmed, CEO of NMDPRA, pronounced that the plant’s operations have already reshaped supply dynamics.“Without a shadow of doubt, the operation of the 650,000 barrels per day Dangote refinery has changed the supply dynamics with an average daily contribution of up to 20 million litres, undoubtedly with potential for future ramp up…”He said that Nigeria’s na...

By PR The re-entry into Ogoniland marks a historic turning point for Nigeria — not just in terms of oil production, but more broadly, this milestone reflects the spirit of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which commits to building a stronger country, attracting responsible investment, and ensuring that community development is at the heart of national progress. Speaking during the presentation of the Ogoni Consultations Report at the State House in Abuja on Wednesday, President Tinubu acknowledged that the Ogoni people have endured long years of pain, and that this re-entry reflects the government’s recognition of their sacrifices. “We are not, as a government, taking lightly the years of pain endured in Ogoniland. We recognise that, otherwise we would not be her...

… 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...

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...

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...

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...

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...