STARTING YOUR OIL AND GAS BUSINESS
In this post we will be looking at how to start oil and gas company in Nigeria and ways to Join Oil and Gas Business in Nigeria with minimal capital. INTRODUCTION. Many entrepreneurs know that the Oil and Gas business is very lucrative in Nigeria but they don’t have the […]
A FOREIGNER SHAREHOLDING IN NIGERIAN LOCAL CONTENT ACT.
In this post we will be looking at the meaning of Nigerian Local Content Acts, Why Nigerian local content policies must be harmonized, its implications and impacts. INTRODUCTION In 2010, the Nigerian Oil and Gas Industry Content Act, or the Local Content Act as it is commonly called, became law. […]
Nigerians Participation in the Local Content
Nigerians Participation and creating value in the Nigeria business has increase as a result of Local Content act. Despite the pressure of globalization, the Nigerian Government is responsible of ensuring that businesses in Nigeria remain competitive. This informed the need for the Government to put in place frameworks to enhance […]
Nigerian Content Intervention Fund (NCIF)
What is Nigerian Content Intervention Fund (NCIF)? The Nigerian Content Intervention (NCI) Fund is a pool of funds made available by the Nigeria Content Development and Monitoring Board (NCDMB) to be managed by the Bank of Industry to meet the funding needs of indigenous manufacturers, service providers and other key […]
How to Access Nigeria Content Intervention (NCI) Fund
How to access Nigerian Content Intervention (NCI) Fund, who is eligible to access the NCI Fund, how to prepare your Feasibility Study Report so as to access the Nigerian Content Intervention (NCI) Fund and many more. The Nigerian Content Intervention (NCI) Fund is a pool of funds made available by […]
Nigerian Local Content Achievements so far
There have been some notable and measurable achievements recorded in the Nigerian Oil and Gas Industry since the inception of the Nigerian Oil and Gas Industry Content Development Act 2010. Some of what we called “recorded achievements” ordinarily should not would not be seen as achievements if players has obeyed […]
Local Content Development in Nigeria Oil & Gas Sector
In this post, we x-rayed Local content development in the Nigerian oil and gas industry, the objectives and some of the achievements in the Nigerian oil and gas industry since 2010. The history of Local content development in the Nigerian oil and gas industry, what lead to the Local Content […]
GAS (LPG) BUSINESS IN NIGERIA
This page tells us the procedures or steps on how we can embark on Gas Business in Nigeria. Before one embarks on a gas business, you have to have a good knowledge about the business, have a solid plan and execute it effectively. You need to be knowledgeable about the […]
LOCAL CONTENT IN NIGERIA OIL & GAS SECTOR
This page talks about the Local Content of Oil and Gas Business with its Development in Nigeria. Local content gives a framework, for the increase in Nigerian participation in the Oil and Gas Industry or sector. It prescribes minimum thresholds for Nigerian participation in activities within the industry through the […]
Definition of Local Content, Important & Benefit
This page talks about the Meaning of Local Content, Important and Development, Benefit to the indigenous in Nigeria. Local Content is a means used in many countries, there is no universally agreed definition of it. The definition is specific to each country and depends on its micro and macro-economic conditions […]
Challenges Facing 57 Marginal Oil Field Bidders
Expert highlights challenges facing 57 marginal oil field bidders, Dr Leesi Gborogbosi, the CEO of Gabriel Domale Consulting granted us the permission to post on this website. This detailed interview with Dr Leesi Gborogbosi, the CEO of Gabriel Domale Consulting is shown belowAs reproduced from BusinessDay https://businessday.ng/energy/oilandgas/article/expert-highlights-challenges-facing-57-marginal-oil-field-bidders/ About 600 bidders have […]
Requirements for Automotive LPG Station Construction & Licensing
In this post, we explained the DPR Requirements for Automotive LPG (Autogas) Station approval to Construction and Licensing in Nigeria. The Petroleum Regulation of 1967 that governed the establishment of automotive LPG (Autogas) Station Construction, Modification, Relocation and Licensing in Nigeria states in part 4, section 87 sub-section (2), no […]
HISTORY OF OIL AND GAS IN NIGERIA
The history of oil and gas in Nigeria, its was discover in 1956 at Oloibiri in the Niger Delta. The discovery was made by Shell-BP, at the time the sole concessionaire, Nigeria joined the ranks of oil producers in 1958 when its first oil field came on stream producing 5,100 bpd. Nigeria is a major producer of […]
Oil and Gas Companies in Nigeria
Oil and Gas Producing Companies in Nigeria Nigeria Liquefied Natural Gas Limited (NLNG) Address: C & C Towers, Plot 1684 Sanusi Fafunwa Street, Victoria Island, Lagos Nigeria Nigeria National Petroleum Corporation (NNPC) Address: NNPC Towers, Central Business District, Herbert Macaulay Way, P.M.B. 190, Garki, Abuja. Shell Petroleum Development Company of […]