{"id":28644,"date":"2018-12-07T11:32:12","date_gmt":"2018-12-07T10:32:12","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=28644"},"modified":"2018-12-07T11:32:12","modified_gmt":"2018-12-07T10:32:12","slug":"ncdmb-reiterates-its-support-for-modular-refineries","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/","title":{"rendered":"NCDMB Reiterates Its Support For Modular Refineries"},"content":{"rendered":"

By Simon Ugwu<\/p>\n

Nigerian Content Development and Monitoring Board (NCDMB) has reiterated its support to modular refineries. The Board also plans to participate in the Liquefied Petroleum Gas (LPG) value chain if the conditions precedent, are in place, as well as drive the infrastructural development of the industrial parks, and finalise the review of Offshore Rig Acquisition Strategy.<\/p>\n

The Executive Secretary, NCDMB, Simbi Wabote, made this known at the just concluded 8th\u00a0Practical Nigerian Content forum in Yenagoa, the Bayelsa State capital.<\/p>\n

The ES, who has been nicknamed a \u201cGame Changer\u201d stated that in 2019, the 10-year Research & Development roadmap will be launched for implementation.
\nAccording to him, \u201cwe promised to put in place third party monitors to enhance compliance monitoring in the upstream, midstream, and downstream sectors of the industry. I am happy to report that after a very thorough tendering and selection process, we have kicked off the programme tailored along Sections 64 and 65 of the NOGICD Act. We also commenced the forensic audit of remittances to establish compliance with the provision on Nigerian Content Development Fund\u201d.<\/p>\n

\u201cNigeria has continued to serve as resource country for the development of Africa Local Content Policy. \u201cIn 2019, we plan to validate and prioritise opportunity sectors for local content development. Regional marketing of some of the infrastructures is being developed such as the FPSO Integration facility will be further pursued\u201d, he added.<\/p>\n

Speaking further, he said, \u201cwe will also ensure the posting of the 20 trained marine personnel for one year international sea time in fulfilment of the requirement for the Certificate of Competency.\u201d<\/p>\n

Also speaking in the same vein, with regards to the achievements of the NCDMB, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, said\u00a0also commendable are the Board\u2019s\u00a0efforts to participate in the gas value chain.<\/p>\n

He said \u201cI am aware of ongoing discussions to support the establishment of LPG gas manufacturing plants and LPG depots. I believe the Board will also be a key player in the flares to value scheme being put in place as part of our gas policy. On our part, we have rolled up our sleeves to put in place and implement frameworks that are beginning to deliver the type of outcomes we desire in our industry\u201d.<\/p>\n

Represented by the Permanent Secretary of the ministry, Dr. Folashade Yemi-Esan, Kachikwu said the country has managed to stabilise our business environment and stem the tide of decline.<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

In the meantime, a multi-billion dollar investment opportunity in the nation\u2019s deep-offshore frontiers was unveiled at the 10th World Energy Capital Assembly in London, United Kingdom.<\/p>\n

It was part of the drive by the Nigerian National Petroleum Corporation (NNPC) to raise Nigeria\u2019s crude oil reserve.<\/p>\n

Delivering an address at the panel session titled: \u201cSpotlight on Africa\u201d, NNPC Group Managing Director Dr. Maikanti Baru said: \u201cGlobally, Nigeria has the highest untapped deep water resource of about 10 billion barrels of oil equivalent, in addition to other vast opportunities in the oil and gas value chain.\u201d<\/p>\n

Represented at the event by the Corporation\u2019s Group General Manager, Corporate Planning & Strategy, Bala Wunti, the GMD explained that Nigeria has the largest and one of the most vibrant economies in Africa with lots of potentials, especially in the gas, refining and infrastructure space.<\/p>\n

\u00a0NNPC spokesman Ndu Ughamadu, in a statement, quoted him as saying:\u00a0 \u201cI invite you all to a country that has massive opportunities, very good business climate and good returns on investment.<\/p>\n

\u201cOur resilience has been tested, we have been through the booms and bursts and we came out stronger. With our experience, geographical location and capacity, Nigeria is the country of now and the future.\u201d<\/p>\n

He further explained that the corporation has a clear strategy for harnessing these potentials through collaboration and building robust partnerships as entrenched in its 12 business focus areas.<\/p>\n

The World Energy Capital Assembly is a leading gathering of energy executives, finance and investment professionals to discuss emerging and re-emerging energy investment opportunities, review deals done and chart an outlook of energy related activities across the globe.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Simon Ugwu Nigerian Content Development and Monitoring Board (NCDMB) has reiterated its support to modular refineries. The Board also plans to participate in the Liquefied Petroleum Gas (LPG) value chain if the conditions precedent, are in place, as well as drive the infrastructural development of the industrial parks, and finalise the review of Offshore …<\/p>\n","protected":false},"author":6,"featured_media":28645,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17],"tags":[2329],"coauthors":[2391],"class_list":["post-28644","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","tag-ncdmb"],"yoast_head":"\nNCDMB Reiterates Its Support For Modular Refineries - National Wire<\/title>\n<meta name=\"description\" content=\"Nigerian Content Development and Monitoring Board (NCDMB) has \u00a0reiterated its support to modular refineries. The Board also plans to participate\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NCDMB Reiterates Its Support For Modular Refineries - National Wire\" \/>\n<meta property=\"og:description\" content=\"Nigerian Content Development and Monitoring Board (NCDMB) has \u00a0reiterated its support to modular refineries. The Board also plans to participate\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-07T10:32:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/12\/f10eaa9a-ncdmb.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/12\/f10eaa9a-ncdmb.jpeg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/12\/f10eaa9a-ncdmb.jpeg\",\"width\":800,\"height\":480},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/\",\"name\":\"NCDMB Reiterates Its Support For Modular Refineries - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#primaryimage\"},\"datePublished\":\"2018-12-07T10:32:12+00:00\",\"dateModified\":\"2018-12-07T10:32:12+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"Nigerian Content Development and Monitoring Board (NCDMB) has \u00a0reiterated its support to modular refineries. The Board also plans to participate\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NCDMB Reiterates Its Support For Modular Refineries\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NCDMB Reiterates Its Support For Modular Refineries - National Wire","description":"Nigerian Content Development and Monitoring Board (NCDMB) has \u00a0reiterated its support to modular refineries. The Board also plans to participate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/","og_locale":"en_US","og_type":"article","og_title":"NCDMB Reiterates Its Support For Modular Refineries - National Wire","og_description":"Nigerian Content Development and Monitoring Board (NCDMB) has \u00a0reiterated its support to modular refineries. The Board also plans to participate","og_url":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/","og_site_name":"National Wire","article_published_time":"2018-12-07T10:32:12+00:00","og_image":[{"width":800,"height":480,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/12\/f10eaa9a-ncdmb.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/12\/f10eaa9a-ncdmb.jpeg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/12\/f10eaa9a-ncdmb.jpeg","width":800,"height":480},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/","name":"NCDMB Reiterates Its Support For Modular Refineries - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#primaryimage"},"datePublished":"2018-12-07T10:32:12+00:00","dateModified":"2018-12-07T10:32:12+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"Nigerian Content Development and Monitoring Board (NCDMB) has \u00a0reiterated its support to modular refineries. The Board also plans to participate","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/ncdmb-reiterates-its-support-for-modular-refineries\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"NCDMB Reiterates Its Support For Modular Refineries"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/28644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=28644"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/28644\/revisions"}],"predecessor-version":[{"id":28646,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/28644\/revisions\/28646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/28645"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=28644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=28644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=28644"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=28644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}