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Is LADOL truly a Nigerian company?

Even with the signing of the Nigerian Oil and Industry Content Development (NOGICD) Act of 2010, many Nigerian investors still exploit the old loopholes in the system to take advantage of this law.

Senate panel commends NCDMB on HQ construction

Senate Committee on Local Content has commended the Nigeria Content Development Monitoring Board (NCDMB) for the ongoing 17-storey headquarters building at Yenegoa, Bayelsa State.

Senate to investigate NNPC, IOCs’ alleged boycott of Nigeria pipe manufacturer

The Senate Committee on Local Content says the Senate will investigate the alleged non-patronage of a multi-million dollar internationally certified Nigerian pipe manufacturing and coating company, SCC Nigeria Limited, by NIgerian National Petroleum Corporation (NNPC) and International Oil Companies (IOCs).

Nigerian content board targets $14 billion value retention for oil sector

The Nigerian Content Development and Monitoring Board (NCDMB) has set a target of $14 billion in-country value retention over the next 10 years for oil and gas supply chain.

National Assembly to extend local content law to other sectors of economy

Plans are underway by the National Assembly to extend the local content initiative to other critical sectors of the economy.

House of Reps to probe oil coys’ level of compliance with local content act

The House of Representatives has resolved to investigate the contracting of vessels by International Oil and Gas companies.

Recent Stories

The Nigerian Financial Intelligence Unit (NFIU) has disclaimed reports that it requested the bank account details of officers of the national assembly and the judiciary.

PSC charges security agencies to investigate leakage of NFIU letter to banks

The Presidential Support Committee (PSC) yesterday charged security agencies in the country to leave no stone unturned in investigating how a letter by the Nigerian Financial Intelligence Unit (NFIU) to commercial banks requesting the account details of principal government officers was leaked.

ANCOPSS hails FCT minister for promoting school principals

The All Nigeria Conference of Principal of Secondary Schools (ANCOPSS), has commended the minister of the Federal Capital Territory (FCT) Malam Muhammad Musa Bello for approving the promotion of some school principals to directorate cadre.

Thabo Mbeki: US, UK asked South Africa for help to oust Robert Mugabe

Former president of South Africa, Thabo Mbeki, has said that the United Kingdom and the United States of America, had sought the help of his country to remove the late President Robert Mugabe of Zimbabwe from office.

PDP chieftain charges members to be committed

Chairman of Peoples’ Democratic Party (PDP) ethnic community in Kuje area council, Hon. Yusuf Dabo, has called on members of the party to be prepared to erect political structures that would offer them the opportunity to occupy decision making position.
Kayode Fayemi

Ekiti farmers want financial support from governor

Some farmers in Ekiti North Senatorial District on Wednesday appealed to the state Governor, Dr Kayode Fayemi, ‎to provide loans for them to enhance their agricultural production.