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By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

Actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB).

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By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Nigerian Content Development and Monitoring Board (NCDMB) will soon issue policy directives on in-country manufacturing capabilities of pumps, flanges, valves, and other major equipment categories utilised in different streams of the oil and gas industry, which constitute a huge percentage of capital and operational expenditures.

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By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Governments of Nigeria and the Republic of Equatorial Guinea have opened discussions regarding new partnership opportunities such as the establishment of a joint logistics base, deployment of indigenous capacities across countries, and lowering the costs of major oil and gas operations.

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* Affirms Board’s Mandate To Support Local Companies

By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria LNG Limited are collaborating to roll out tender opportunities from the gas production and processing company on the Oil and Gas E-Market Place, thereby implementing a key provision of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.

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By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

Electricity consumers in nine of the 17 local government areas in Abia State which make up the Aba Ring- fenced Area can easily have their prepaid meters in less than three weeks, according to the Chief Commercial Officer of Aba Power which provides electricity to the ringed fence.

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By Princess Simon (Bureau Chief, North Central Zone, in Minna)

The Managing Director, Hydro Power Producing Areas Development Commission HYPPADEC, Alhaji Abubakar Sadiq Yelwa, has expressed satisfaction with the level and standard of work at the on-going New-Bussa rehabilitation which will end the over 20 years of water crisis in the area when completed.

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