NCDMB – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 16 Dec 2025 14:34:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png NCDMB – InfoStride News https://www.theinfostride.com 32 32 Over 130 Indigenous Companies Access N51.7bn and $359m Through Local Content Financing Support https://www.theinfostride.com/over-130-indigenous-companies-access-n51-7bn-and-359m-through-local-content-financing-support/ https://www.theinfostride.com/over-130-indigenous-companies-access-n51-7bn-and-359m-through-local-content-financing-support/#respond Tue, 16 Dec 2025 14:34:37 +0000 https://www.theinfostride.com/?p=473609 No fewer than 132 Nigerian companies have accessed a combined N51.7 billion and $359 million in funding through local content intervention schemes coordinated by the Nigerian Content Development and Monitoring Board, highlighting sustained efforts to deepen indigenous participation in the oil and gas industry. Reports by Punch and other Nigerian news outlets indicate that the [...]

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]]> https://www.theinfostride.com/over-130-indigenous-companies-access-n51-7bn-and-359m-through-local-content-financing-support/feed/ 0 BoI and NCDMB partner on $100 million content development fund https://www.theinfostride.com/boi-and-ncdmb-partner-on-100-million-content-development-fund/ https://www.theinfostride.com/boi-and-ncdmb-partner-on-100-million-content-development-fund/#respond Wed, 03 Dec 2025 15:33:03 +0000 https://www.theinfostride.com/?p=472791 The Bank of Industry (BoI) and the Nigerian Content Development and Monitoring Board (NCDMB) have formalised a partnership to establish a $100 million content development fund aimed at boosting local participation in Nigeria’s oil and gas sector. The agreement reflects ongoing efforts to deepen indigenous involvement in the industry, promote value addition, and provide financing [...]

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]]> https://www.theinfostride.com/boi-and-ncdmb-partner-on-100-million-content-development-fund/feed/ 0 NCDMB okays over 440 expatriate slots in oil sector https://www.theinfostride.com/ncdmb-okays-over-440-expatriate-slots-in-oil-sector/ https://www.theinfostride.com/ncdmb-okays-over-440-expatriate-slots-in-oil-sector/#respond Fri, 11 Jul 2025 13:57:52 +0000 https://www.theinfostride.com/?p=461674 The Nigerian Content Development and Monitoring Board (NCDMB) has approved over 440 expatriate quota slots for the country’s oil and gas sector in the first half of 2025, highlighting the delicate balance between sourcing critical foreign expertise and growing local capacity in one of Nigeria’s most vital industries. The latest approval, which covers 448 expatriate [...]

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]]> https://www.theinfostride.com/ncdmb-okays-over-440-expatriate-slots-in-oil-sector/feed/ 0 NCDMB Invests in Research and Development to Foster Innovation in Nigeria’s Oil and Gas Sector https://www.theinfostride.com/ncdmb-invests-in-research-and-development-to-foster-innovation-in-nigerias-oil-and-gas-sector/ https://www.theinfostride.com/ncdmb-invests-in-research-and-development-to-foster-innovation-in-nigerias-oil-and-gas-sector/#respond Wed, 30 Oct 2024 13:35:45 +0000 https://www.theinfostride.com/?p=392643 The Nigerian Content Development and Monitoring Board (NCDMB) has ramped up its commitment to fostering innovation in Nigeria’s oil and gas sector with substantial investments in research and development (R&D). This initiative is aimed at enhancing local content, advancing technological capacity, and promoting economic growth within the industry. The NCDMB’s investment strategy aligns with Nigeria’s [...]

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]]> https://www.theinfostride.com/ncdmb-invests-in-research-and-development-to-foster-innovation-in-nigerias-oil-and-gas-sector/feed/ 0 NCDMB Takes the Lead: PEBEC’s H1 2023 E01 Compliance Report Revealed https://www.theinfostride.com/ncdmb-takes-the-lead-pebecs-h1-2023-e01-compliance-report-revealed/ https://www.theinfostride.com/ncdmb-takes-the-lead-pebecs-h1-2023-e01-compliance-report-revealed/#respond Wed, 25 Oct 2023 22:30:46 +0000 https://www.theinfostride.com/?p=358257 The 2023 Half-Year EO1 Compliance Report, as revealed by the Presidential Enabling Business Environment Council (PEBEC), has highlighted the Nigerian Content Development and Monitoring Board (NCDMB) as the exemplar of efficiency and transparency within government agencies. This recognition signifies a significant step toward advancing Nigeria’s business environment and underscores the positive impact of regulatory reforms [...]

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]]> https://www.theinfostride.com/ncdmb-takes-the-lead-pebecs-h1-2023-e01-compliance-report-revealed/feed/ 0 NCDMB allocates 60% of capacity development funds of oil projects for training https://www.theinfostride.com/ncdmb-allocates-60-of-capacity-development-funds-of-oil-projects-for-training/ https://www.theinfostride.com/ncdmb-allocates-60-of-capacity-development-funds-of-oil-projects-for-training/#respond Sat, 06 Aug 2022 16:46:02 +0000 https://www.theinfostride.com/?p=330097 The Nigerian Content Development and Monitoring Board (NCDMB) has developed a guideline that guarantees the allocation of 60 per cent of the Human Capacity Development (HCD) budget on major oil and gas projects to the strengthening of training institutions. Speaking at the ground-breaking ceremony of the infrastructural upgrade of the Government Technical College (GTC), Rivers [...]

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]]> https://www.theinfostride.com/ncdmb-allocates-60-of-capacity-development-funds-of-oil-projects-for-training/feed/ 0 SPE, NCDMB hail Dangote Petroleum Refinery’s world-class technology application https://www.theinfostride.com/spe-ncdmb-hail-dangote-petroleum-refinerys-world-class-technology-application/ https://www.theinfostride.com/spe-ncdmb-hail-dangote-petroleum-refinerys-world-class-technology-application/#respond Mon, 25 Apr 2022 12:07:47 +0000 https://www.theinfostride.com/?p=323635 The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000 barrels per day refinery project. The two associations, which leaders were on a tour of the petroleum refinery project recently, expressed the belief [...]

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]]> https://www.theinfostride.com/spe-ncdmb-hail-dangote-petroleum-refinerys-world-class-technology-application/feed/ 0 NCDMB to manufacture 10% local cooking gas to meet nationwide demand https://www.theinfostride.com/ncdmb-to-manufacture-10-local-cooking-gas-to-meet-nationwide-demand/ https://www.theinfostride.com/ncdmb-to-manufacture-10-local-cooking-gas-to-meet-nationwide-demand/#respond Tue, 08 Mar 2022 14:49:18 +0000 https://www.theinfostride.com/?p=319970 Nigerian Content Development and Monitoring Board (NCDMB) has established that it has secured approval to produce Liquified Petroleum Gas (cooking gas) to ensure 10 percent of current nationwide demand. The Executive Secretary of the NCDMB, Engr. Simbi Kesiye Wabote announced this while speaking at the 2022 Nigerian International Energy Summit (NIES), which ended in Abuja on Thursday. [...]

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