A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
By Ibrahim HassanWuyo Local and foreign stakeholders have warned against amendment to the Local Content Act. They said doing so is capable of violating investment protection and incentives guaranteed by the Free Zone Authority Act. In a submission on the bill to amend the Local Oil and Gas Content Act to create a countrywide local content
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By Udeme Akpan Chief Innocent Chukwuma, Chairman/CEO, Innoson Vehicle Manufacturing, IVM, has revealed that his company only imports engine and light, as all the electrical aspects and other equipment are sourced in-country. Innoson said this when Chairman/Group CEO of Oilserv Group, Dr. Emeka Okwuosa, commended IVM during the tour of the manufacturing plant in Nnewi,
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THE Federal Government has commenced feasibility study for the construction of a shipyard in Brass Island, Bayelsa State, which would cater for the maintenance and repair services of cargo vessels, oil tankers, and Liquefied Natural Gas, LNG, carriers.
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By Agbonkhese Oboh Certified Computer Manufacturers of Nigeria, CCMON, has raised the fresh alarm, saying poor implementation of the Federal Government’s local content policy, as it relates to its avowed support for local content in all public procurement as contained in the Executive Order 3 and 5, is shrinking market for made-in-Nigeria computers. The five
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By Emmanuel Elebeke The Federal Government says it is set to enforce the provision for 70% local content in all radio and television programmes in the country. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this at a meeting with the Electronic Media Content Owners Association of Nigeria (ENCOAN) in Lagos on Monday.
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The Nigerian National Petroleum Corporation (NNPC) and shareholders of the Nigeria LNG Limited which include Shell, Total and Eni on Friday announced the Final Investment Decision for the take-off of Train 7 Project of the NLNG. The Train 7 project, which would deliver a significant local content in construction, production of cables, welding, valves, scaffolding,
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With an investment of over $175 million in its Fabrication Yard in Port Harcourt, Rivers State, indigenous oil & gas servicing company MG Vowgas Limited says its plan to build Nigeria’s first ever modular refinery next year is on course.
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The Minister of Power, Engr. Sale Mamman, on Tuesday said that the ministry will encourage local manufacturers of power equipment in the country to produce things that will be useful in the ministry.
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By Tordue Salem, Abuja President Muhammadu Buhari, has been commended by the House of Representatives Committee on Nigerian Content Development and Monitoring. The Committee said President Buhari’s executive order 5 to improve local content in public procurement with science, engineering and technology components. Chairman of the committee, Hon. Legor Idagbo (PDP-Bayelsa), who commended the President
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Since the completion of the integration work on the Floating Production Storage Offloading (FPSO) vessel and sail-away of the facility to the deep offshore Egina oil field, the entire LADOL free zone is currently underutilised.
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