Oil and Gas
NCDMB, ITF train 255 youths in vocational skills
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The Nigerian Content Development and Monitoring Board (NCDMB) has, in partnership with Industrial Training Fund (ITF), trained 255 youths in nine vocational skills.
The board disclosed this in a statement issued by its management, in Abuja, on Sunday 30th August, 2020. adsbygoogle || []).push({});
It said the six months training that was being funded by the NCDMB and would be conducted by the ITF would cover classroom and intensive practical exercises in Hospitality and Tourism, Mobile Phone Repairs and Troubleshooting.
Others areas of interest, it said, include Information and Communication Technology, Electrical/Electronic Technology and Industrial Automation and Mechatronics.
Also, Instrumentation and Process Control, Mechanical Services & Maintenance, Residential Air-Conditioning and Refrigeration Maintenance and Building Technology.
It added that the beneficiaries were selected from the Board’s NOGIC-JQS platform, with representation from the six geo-political zones of the country.
”A further selection exercise was organised for the trainees, involving computer-based tests and oral interviews in Abuja, Lagos and Port Harcourt,” it added.
It quoted the Executive Secretary of NCDMB, Mr Simbi Wabote at the kick off ceremony as saying that the initiative was consistent with the objectives of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and NCDMB’s 10-Year Strategic Roadmap.
This, he said, targeted at growing Nigerian Content from 27 per cent in 2017 to 70 per cent by 2027.
“The Roadmap also aspires to retain over14billion dollars out of 20 billion dollars estimated annual industry spend in the country and create over 300,000 direct and indirect employment.
”The intent of the NCDMB/ITF collaboration is to close gaps in vocational and entrepreneurship skills among Nigerian youths, drive self-employment and value creation in the oil and gas industry.
“Also, linkage sectors and address youths’ redundancy and loss of economic value of human capital needed to drive economic growth.
‘Part of the goal is also to strengthen the linkage between the oil and gas industry and other sectors of the Nigerian economy and complement the Federal Government`s efforts towards job creation and diversification of the Nigerian economy,” he added.
Wabote further highlighted the premium NCDMB places on human capital development.
According to him, from the inception of the Board in 2010, over 9,000 Nigerians have benefitted from our training in various skill areas for graduates and artisans resulting in over 10 million training manhours.
He assured that NCDMB would continue its training interventions and widening its coverage to vocational and entrepreneurship skills, which are critical to the creation of employment, sustainable growth and diversification of the Nigerian economy.
He expressed delight over the Board’s partnership with ITF, which had excelled in the strategic role of leading the development of knowledge and skills in the various sectors of the Nigerian economy.
Source: NAN
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
- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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Nigeria’s Oil Production Reaches 1.53m bpd in January, Meets OPEC Quota
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By AbdulRahman Obaje
For the first time since it was set for the 2024 period, Nigeria has met the Organisation of Petroleum Exporting Countries (OPEC) production quota of 1.5 million bpd.
According to OPEC’s monthly oil market report, Nigeria’s crude oil production reached an average of 1.
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The report explained that the country’s production increased by 3.6% from December’s output of 1.48 million bpd. This development solidifies Nigeria’s position as Africa’s largest oil producer, surpassing Algeria, which produced 907,000 bpd in January.
Vangaurd reports that the quota, initially set in November 2023, was extended to 2026 due to Nigeria’s struggles to meet the target in 2024. However, the recent increase in production indicates a positive turnaround.
OPEC gathers oil production data from two sources: direct communication with Nigerian officials and secondary sources such as energy intelligence platforms. While direct figures confirm that Nigeria met its quota, secondary sources report a slight decline of 2% in January to 1.49 million bpd from 1.52 million bpd in December.
The report also highlights that Nigeria’s oil production is expected to rise further as the Dangote Refinery nears full capacity. Once fully operational, the refinery will process 650,000 barrels of crude daily, potentially stabilising petroleum supply and lowering fuel prices.
“…the oil sector remains central to the economy, and the Dangote Refinery reaching full production capacity should help stabilize the petroleum product supply and possibly lower petrol prices,” OPEC said.
On February 10, Edwin Devakumar, Vice-President of Dangote Industries Limited, stated that the refinery is expected to reach full operations within 30 days. Meanwhile, Minister of State for Petroleum Resources (Oil).
Heineken Lokpobiri reaffirmed the federal government’s plan to increase crude oil production to three million barrels per day by 2025.
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
- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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Dangote Crashes Ex-depot Petrol Price to N890 Per Litre
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By Our Reporter
The Dangote Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday, February 1, 2025.
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The Group Chief Branding and Communications Officer, Dangote Petroleum Refinery, Mr Anthony Chiejina, said this in a statement on Saturday.
Chiejina said that the price adjustment was in response to favourable developments in the global energy sector and a significant decline in international crude oil prices.
The News Agency of Nigeria (NAN) quoted Chiejina as saying that this latest move followed a similar decision made on Jan. 19 when a modest price increase was implemented due to rising crude oil costs.
Chiejina said with recent global market trends indicating a decline, Dangote Refinery had once again adjusted its pricing structure, providing relief to Nigerians.
The statement also noted that the price reduction would significantly lower the cost of petrol across the country, generating a positive ripple effect throughout the broader economy.
“Dangote Petroleum Refinery firmly believes that this reduction from N950 to N890 will result in a meaningful decrease in the cost of petrol nationwide,” he said.
He said the reduction would drive down the prices of goods and services as well as the overall cost of living, with a positive ripple effect on various sectors of the economy.
The refinery called on marketers across the country to ensure that the benefits of the reduced price were passed on to Nigerians.
Dangote refinery reiterated its support for the economic revival spearheaded by President Bola Tinubu.
According to the refinery, the Tinubu administration is focused on making Nigeria self-sufficient in refined petroleum products and positioning the country as a leading oil export hub.
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
- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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Oil and Gas
NNPC’s 5 Mini LNG Plants: Governor Ododo Leads Kogi State into Era of Gas-Driven Prosperity
By Abah Benjamin Eneojoh
The Executive Governor of Kogi State, Alhaji Ahmed Usman Ododo, reinforced his administration’s commitment to collaborating with the Federal Government on its policies and programs during the groundbreaking ceremony of NNPC’s 5 Mini LNG plants in Ajaokuta on Thursday, January 30, 2025.
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This groundbreaking ceremony held in Ajaokuta, Kogi State, the Nigerian National Petroleum Company (NNPC) officially launched its ambitious project to establish 5 mini Liquefied Natural Gas (LNG) plants.
The project is expected to transform Nigeria’s energy landscape
Governor Ododo expressed his profound gratitude to President Bola Tinubu for the numerous benefits accruing to Kogi State through the Federal Government’s initiatives. He acknowledged the president’s commitment to transforming Nigeria and appreciated the various initiatives that have positively impacted Kogi State.
Gov Ododo in his words, ” the economic and social benefits of this project cannot be overstated. The establishment of these energy plants will create significant job opportunities, stimulate Local businesses and improve critical infrastructure in our communities” he said.
Governor Ododo’s administration has consistently demonstrated its commitment to collaborating with the Federal Government. For instance, the state government has been working closely with the Federal Ministry of Aviation and Aerospace Development to establish an international airport in Zariagi, which will serve as a hub for economic activities in the region.
Also speaking, the Minister of Steel Development, Hon Shuaibu Abubakar Audu during his presentation, commended His Excellency president Bola Ahmed Tinubu for establishing the 5 mini NNPC Liquefied Natural Gas (LNG) in Ajakuta, Kogi State.
He noted that if the project is completed, it would massively lead to the creation of jobs which will contribute to the GDP of Kogi State.
He called for collaboration and peaceful coexistence with the host communities for enhanced productivity.
The 5 mini Gas Plants include: PRIME LNG, INGML/GASNEXUS LNG, LNG ARETE, HIGHLAND LNG and BUA LNG
As Governor Ododo continues to champion the cause of collaboration and development in Kogi State, the people of the state can expect to see more initiatives and projects that will drive economic growth, improve living standards, and position the state as a key player in the national development agenda.
Author Profile

- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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