By Engr Justice Derefaka The Fourth Industrial Revolution (4IR) has generated a lot of buzz because of its disruptive digital technologies that promise to revolutionize our lives, calibrate our decision-making with algorithmic precision, and gratify our every want in real time. But what are the dangers, and how will we police this new cyberspace?These questions…
By Ikenna Omeje, Jerome Onoja Beyond the regular oil exploration and production Joint Venture (JV) and Production Sharing Contract (PSC) arrangements that exist between the state-owned company, Nigerian National Petroleum Corporation (NNPC) and a couple of oil majors, the Nigerian Liquefied Natural Gas (NLNG) stands out as the most profitable business enterprise the Nigerian state…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has been selected for the African Local Content Icon Award by the 2021 African Business Leadership Awards (ABLA) organized by the African Leadership Magazine.The award has 12 categories and the winners emerged through selection, online voting for nominees and…
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has challenged young Nigerians to create business opportunities around uncomfortable situations rather than just complaining about them.He gave the charge while delivering the keynote address at the Junior Chambers International (JCI) Nigeria Senate Association Leadership Excellence for National Development (LEND) Webinar…
The Nigeria deep-water arm of global energy giant, Shell, has donated multimillion naira laboratory equipment and software packages to the Offshore Technology Institute of the University of Port Harcourt as part of the company’s Nigerian content human capital development programme delivered in collaboration with the Nigerian National Petroleum Corporation (NNPC). “The donations are aimed at…
Seplat Energy Plc and its Board Chairman, Dr. ABC Orjiako have emerged winners at the Energy & Corporate Africa Leadership Award Night/Dinner held last week in Houston, Texas, United States for outstanding indigenous performance.A statement by the company recently said that the award was the climax of the Annual Sub-Saharan Africa Oil/Gas Conference that started…
The Minister of State for Petroleum Resources, Chief Timipre Sylva has commissioned the Nigerian Content Development and Monitoring Board’s Technology Incubation and Innovation Center and formally launched the US$50 million Nigerian Content Research and Development Fund.The Minister performed these tasks at the second edition of the NCDMB R&D Fair and Conference held recently at the…
Energy giant, Shell, has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB).Managing Director of the deep-water business of Shell in Nigeria, Mrs. Elohor Aiboni, said Shell Nigeria Exploration and Production Company (SNEPCo) would continue to explore…
The Oil and Gas Free Zones Authority, OGFZA, has announced that it generated pthe sum of N9.41billion revenue through the free trade zones, between January and May 2021.Managing Director of OGFZA, Mr Umana Okon Umana, speaking to newsmen also said N6.1 billion worth of investments are expected to materialise at the proposed Liberty Oil and Gas Free…
…As Sylva, Board Members Hail Corporation Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020 financial year, the Group Managing Director, Mallam Mele Kyari, has given an insight into the measures adopted by his management to achieve the feat.Speaking at a press…