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The Nigerian Content Development and Monitoring Board (NCDMB) has announced the setting up of a $20million loan scheme to support women in business especially in the oil and gas sector.
The federal government on Friday said it would sanction erring expatriates for failure to open operational bases in Bonny Island, Rivers, for the Train 7 Gas Project.
The Presidential Amnesty Programme, PAP, and the Nigerian Content Development and Monitoring Board, NCDMB, have struck a deal to build the capacity of ex-agitators benefitting from the amnesty programme.
Chief Timipre Sylva, Minister of State For Petroleum Resources, on Friday said the Nigerian Oil and Gas Park Scheme (NOGAPS) at Emeyal, Ogbia Local Government Area, Bayelsa will create at least 2,000 jobs on completion.
The Nigerian Content Development and Monitoring Board (NCDMB) has restated its resolve to serve as a catalyst for the industrialisation of the Nigerian Oil and Gas industry and its linkage sectors.
The deal was witnessed by the Minister of State for Petroleum Resources, Mr. Timipre Sylva, Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari; Governor of Akwa Ibom, Mr. Udom Emmanuel; his Jigawa counterpart, Badaru Abubakar and Managing Director of Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji.
An advocacy group, Niger Delta Peace Dialogue Initiative, NDPDI, has described as tissues of lies the allegations of $25 million and $2 million bribe taking against the Minister of State for Petroleum Resources, Chief Timipre Sylva, and Executive Secretary, Nigerian Local Content Development and Monitoring Board, Chief Simbi Wabote, respectively.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the upcoming integrated methanol and gas project would create 30, 000 direct and indirect jobs in the country.
The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) have signed an agreement on $30 million working capital scheme that will support the operations of oil companies against the adverse effects of Covid-19 pandemic and loss of contracts due to low oil prices.
The Nigerian National Petroleum Corporation (NNPC) has, for the umpteenth time, pledged its commitment to bringing down the unit cost of oil production in the country to $10 per barrel, so as to remain competitive in the Industry and deliver value to all Nigerians.
Fresh indications have emerged that local capacities developed through the implementation of Nigerian Content Act sustained the operations of the Nigerian oil and gas industry during the height of the COVID-19 pandemic.
The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has disclosed that Nigeria remains one of the most expensive countries in the world for petroleum upstream projects.
A new chapter will be added to Nigeria’s oil industry history on Tuesday, 24 November, when President Muhammadu Buhari will commission the Waltersmith 5,000 barrels per day modular refinery at Ibigwe, Ohaji/Egbema local government area of Imo State. This will no doubt boost the image of the Muhammadu Buhari government which has always been a butt of attacks for importing fuel, despite the country’s huge hydrocarbon deposits.
President Muhammadu Buhari has renewed the appointments of Chief Executive Officers of agencies under the Ministry of Petroleum Resources.
The Minister of Information and Culture, Alhaji Lai Mohammed, made the revelation at Ibigwe in Ohaji Egbema Local Government Area of Imo State during a media tour of the Waltersmith Modular Refinery and Petro-Chemical Company Limited, which is due for commissioning next month.
Disclosing this, the Executive Secretary, Nigeria Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, also noted that the focus of Nigerian Content implementation was not Nigerianisation, rather it encouraged domiciliation of capacities and promotion of foreign direct investments and homegrown investments.
Nigeria has saved $2 billion on Engineering Procurement and Construction (EPC) contract for Nigeria LNG Train 7 Project through the Nigerian Oil and Gas Industry Content Development (NOGICD) Act implementation.
Governor Douye Diri of Bayelsa State has called on oil companies benefiting from its resources to relocate their headquarters to the state.
The Federal Government has engaged China Harbour Engineering Company for the construction of a shipyard in Brass Island, Bayelsa State.
The Federal Government has begun the feasibility study for the construction of a shipyard on Brass Island in Bayelsa.
President Muhammadu Buhari will on Thursday next week commission the newly completed 17- storey headquarters building of the Nigerian Content Development and Monitoring Board (NCDMB), located at Swali, Yenagoa, Bayelsa State.
Workers’ umbrella body, the Nigeria Labour Congress (NLC), on Wednesday condemned reported moves by the Federal Government to adjust payrolls as part of measures to tame the expenses of running the country.
Inaugurating the committee, Ugwuanyi, represented by his deputy, Mrs. Cecilia Ezeilo, stated that the body is saddled with the mandate of developing and implementing programmes and policies for the prevention of gender-based violence in Enugu State, as well as “the rehabilitation of persons who still fall victim of gender-based violence despite all the preventive measures.”
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, in compliance with standing order of the House, has discharged several ad hoc committees set up to carry out various tasks, for failing to present their reports which was due at the end of April.
The Lagos State Governor, Babajide Sanwo-Olu, has promised to introduce 500 small new buses to the state by next week Thursday in a bid to provide alternatives to local motorcycles.
Vice presidential candidate of the People’s Democratic Party (PDP) in the last election, Peter Obi, has lamented the current nationwide insecurity, warning that unless drastic action is taken to contain it, the situation would degenerate into anarchy.
Katsina State Youths Network (KSYN) for Dr. Abubakar Bokula Saraki Presidency have formally endorsed him for the 2023 presidential race under the platform of People’s Democratic Party (PDP).
The African Democratic Party (ADC) has expressed opposition to the plans by the Independent National Electoral Commission (INEC) to create additional polling units ahead of 2023.
There are indications that the Federal Government through the Nigerian National Petroleum Corporation, NNPC would be under more pressure to fund Nigeria’s petrol under-recovery or subsidy as the price of Bonny Light rises to $65 per barrel in May 2021.
The mother of the one of longest serving members of the Niger State house of Assembly, Alhaji Bello Ahmed Agwara, has been kidnapped.
Clarke, while reacting to questions on Channels TV on the Department of State Services, DSS, threat to haunt down those trying to tear Nigeria apart, said what is happening in the south east is degenerating to a civil war already.