Energy

By PR The Nigerian Content Development and Monitoring Board has pledged its full support to ensure that world-class safety boots being manufactured by Yikodeen Company Limited are utilised in-country. Yikodeen inaugurated on Tuesday its expanded safety footwear manufacturing plant in Ejigbo, Lagos State, a 120,000-square-foot, state-of-the-art facility capable of producing 5,000 pairs of safety boots per day. Representing the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, the Director of Capacity Building, Engr. Abayomi Bamidele described the inauguration as a landmark event that aligned with the Board’s core mandate to promote local content across Nigeria’s oil and gas value chain and beyond. “Enterprises like Yikodeen are at the heart of what we stand for at NCDMB. ...

By PR The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday in Port Harcourt commended Heritage Energy Operational Services Limited (HEOSL) for its project-based human capital development programmes, which are in alignment with the objectives of the Nigerian Oil and Gas Industry Content (NOGICD) Act, 2010. Speaking at the Nigerian Content-Human Capital Development (NC-HCD) Close-out Ceremony for 23 trainees who recently completed an intensive 12-month capacity building programme, Engr. Ogbe said Heritage Oil is “championing the full implementation of the NOGICD Act in all operations” and that the success recorded thus far marks “a significant milestone in the Board’s implementation of the first pillar of its Ni...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) and the Dangote Petroleum Refinery and Petrochemical Company on Tuesday inaugurated a Joint Technical Committee (JTC) aimed at advancing local content implementation during the operational phase of the 650,000 barrels per day refinery plant.  The inauguration ceremony which took place on Tuesday at the Dangote Free Trade Zone, Ibeju-Lekki, Lagos State marks a pivotal moment in fostering strategic collaboration between both institutions and is a significant move to reinforce local content development in the oil and gas sector. The ceremony presided over by the Executive Secretary of the BoardEngr. Felix Omatsola Ogbe, and the Group Vice President, Oil and Gas, Dangote Group, Chief Edwin Devakuma...

By Ali Elias Abuja, June 26, 2025. The Lubricant Producers Association of Nigeria (LUPAN) has warned that the Federal Government’s proposed import permit requirement for all lubricants could cripple local manufacturing, reverse years of growth, and endanger over 200,000 jobs.The group issued the warning on Wednesday during a presentation at the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) headquarters in Abuja, urging the agency to suspend the proposed policy.According to LUPAN, the policy—if implemented—would have devastating consequences on the domestic lubricant sector, which is already operating at less than 30% of its installed production capacity. “This policy will sound the death knell for existing lubricant plants in the country. It will discourag...

By Ali Elias Yenagoa, Nigeria — June 14, 2025 A group of students from Tamara Sterling Academy, Kpansia, Yenagoa, Bayelsa State, embarked on a learning journey today as they visited the Nigerian Content Development and Monitoring Board (NCDMB), also in the State. The educational excursion was aimed at exposing the students to the Board’s operations, mandate, and the role it plays in driving Nigeria’s local content development agenda in the oil and gas sector. The visit, part of the Academy’s broader commitment to experiential learning, offered the students a firsthand understanding of how policy translates into impact, especially in the context of national development and indigenous participation in the energy industry. Officials of the NCDMB welcomed the students warmly, o...

By PR Construction work at the long-awaited Oloibiri Museum and Research Centre (OMPRC), Otuabagi, in Ogbia Local Government Area of Bayelsa State is set to begin as the project promoters on Tuesday handed over the project site to Messers Julius Berger Plc, a renowned construction company, at a well-attended ceremony at the Otuabagi community town hall.   The event marked the completion of formalities and alignment of all key stakeholders, thus ensuring that the project would proceed without hitches at the exact location where oil production began in Nigeria in 1957.  Elated at the development, the project lead and Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, said the multibillion-naira project, whi...

By Ali Elias The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has addressed the controversy surrounding the recent awarding of oil blocks in the 2024 licensing bid round, particularly the emergence of Panout Oil & Gas — a company just eight days old at the time — as a successful bidder. Panout Oil & Gas reportedly beat industry heavyweight TotalEnergies and three other contenders to secure Production Prospecting Licenses (PPL) 300/301 CS and also claimed PPL 3015, raising eyebrows within and beyond the petroleum sector. Critics labelled the outcome as “suspicious” and questioned whether the commission had adhered to its regulatory framework. However, the NUPRC has come forward to dispel these concerns, asserting that “no violations of oil licensing guidelines ...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday in Yenagoa got the thumbs-up from the Senate Committee on Local Content and a firm assurance that the Senate would provide adequate legislative support to drive the local content development initiatives of the Board.  The Chairman of the Committee, Senator Joel Onowakpo Thomas who spoke after an oversight visit on the Board facilities and projects sities within Bayelsa State commended the Board for how it has implemented its enabling statute, the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010.    He said NCDMB has demonstrated the requisite capacity for actualisation of the objectives of the Act, and that the enabling environment f...

By Ali Elias In a bold push to reposition Nigeria as a critical hub in the global energy supply chain, Vice-President Kashim Shettima has announced that the Federal Government is actively seeking $25 billion in investment for a proposed undersea gas pipeline designed to deliver natural gas to Europe via the West African coast.Speaking during a high-level meeting with executives from Vitol Group—the world’s largest independent energy trader—at the Presidential Villa in Abuja, Shettima described the initiative as a strategic pivot in Nigeria’s gas export ambitions, leveraging the country’s massive reserves and newfound economic direction under President Bola Tinubu.“We are pursuing a $25 billion undersea pipeline from Nigeria through Morocco to Europe. It’s a capital-intensive project, an...

By PR Former President Goodluck Ebele Jonathan, GCFR, on Wednesday at a well-attended Gala Night at the Nigerian Content Tower (NCT), Swali, Yenagoa, received the Nigerian Content Lifetime Achievement Award of the Nigerian Content Development and Monitoring Board (NCDMB). The landmark event, tagged “Inaugural Award Ceremony of Champions of Nigerian Content,” was put together by the Board, in partnership with Sweetcrude Limited, “to recognise and reward individuals and corporate bodies that set the highest standards in deepening local participation in the Nigerian oil and gas industry.”   Other winners in the Distinguished Individuals category were Engr. Tony Attah, Managing Director of Renaissance Africa Energy Limited, as “Nigerian Content Icon of the Year;” Professor E...