Author: majorwavesen

As Senegal expands its oil and gas exploration and development efforts, putting in place the right regulatory and governance frameworks will ensure the sustainability and social responsibility of its nascent hydrocarbons industry Senegal is determined to become the new frontrunner of Africa’s local content development. This is the conclusion of a local content forum held…

By Margaret Nongo-Okojokwu The Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB, Simbi Wabote has commissioned a new security vessel, MV Tamuno-Dein II, acquired by BGAM Services Limited with financing from the Nigerian Content Intervention Fund, NCI Fund.   BGAM Services Limited is the first oil and gas company to access financing from the NCIF. The…

Vice President Yemi Osinbajo on Monday said the Federal Government has spent N1.7 trillion in capital investment in two budget years. Mr Osinbajo spoke while addressing participants at the 9th Presidential Quarterly Business Forum held at the State House Banquet Hall in Abuja. The focus of the forum was on job creation. The vice president…

Vice President Yemi Osinbajo addressing MSMEs during one of Social Investment Programmes facility disbursement  Share …As Osinbajo claims disbursement of N2tn so far More than three years into the life of the current administration and its well publicized barrage of social investment programmes, development economists are worried on the scarcity of real beneficiaries who have…

As more stakeholders in the country’s oil/gas and maritime space continue to leverage critical partnerships to develop vessels, the country’s local content programme championed by the Nigerian Content Development and Monitoring Board (NCDMB) appears to be gathering momentum. Collaborations have been identified as particularly effective way to lower costs and simplify contractor management. Combining equipment,…