Tuesday, June 2, 2026
26.5 C
Lagos

Business

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Insurance

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Mutual Benefits Delivers Strong 2025 Financial Performance, Record Profit Growth, Balance Sheet Expansion

Mutual Benefits Assurance Plc has announced its audited financial...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

NAICOM Issues First Insurtech Licence, Reinforcing Commitment to Innovation, Market Integrity

L-R: Mr. Suleiman Olalekan Ajani, MD/CEO, CBI Insurtech and...

CIIN Concludes Insurance Week 2026 with Awards Galore

L-R: Mrs. Ekeoma Ezeibe, President/Chairman of Council of NCRIB...

Business

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Insurance

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Mutual Benefits Delivers Strong 2025 Financial Performance, Record Profit Growth, Balance Sheet Expansion

Mutual Benefits Assurance Plc has announced its audited financial...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

NAICOM Issues First Insurtech Licence, Reinforcing Commitment to Innovation, Market Integrity

L-R: Mr. Suleiman Olalekan Ajani, MD/CEO, CBI Insurtech and...

CIIN Concludes Insurance Week 2026 with Awards Galore

L-R: Mrs. Ekeoma Ezeibe, President/Chairman of Council of NCRIB...

NCDMB, NLNG Commission Galvanising Plant for Train 7 Project, Reaffirm Commitment to Nigerian Content

 

 

LR: General Manager, External Relations and Sustainable Development, Nigeria LNG Limited, Mr. Andy Odeh; Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe; General Manager, Production, NLNG, Engr. Nnamdi Anowi; Director Monitoring and Evaluation, NCDMB, Mr. Abdulmalik Halilu; Manager Human Resources Business Relations, NLNG, Mr. Kennedy Agbonkhese; Manager Non-Technical Risks for Train 7 Projects, Mr. Joshua Anemeje and Manager Nigerian Content Development, NLNG, Engr. Dagogo Buowari at the commissioning ceremony of the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineeering Nigeria Limited, at Abam-ama, Okrika, Rivers State on Friday, August 16, 2024.

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday commissioned the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineering Nigeria Limited, one of the engineering, procurement, and construction (EPC) contractors of the Nigeria LNG Limited (NLNG) Train 7 Project.

The ceremony which held at Daewoo Galvanising Plant at Abam-ama, Okrika, Rivers State was attended by the Managing Director and Chief Executive Officer of NLNG, Dr. Philip Mshelbila.

The Galvanising plant is one of the capacity development interventions for the Train 7 project and the establishment is sequel to NCDMB’s requirement that the execution of major EPC projects in the country must include the development of a legacy investment that will close a critical capacity gap in the oil and gas industry.

The Executive Secretary lauded NLNG and Daewoo Engineering for responding positively to the Nigerian Content legacy requirement, adding that the commissioning of the hot deep galvanizing plant has increased Nigeria’s galvanising capacity to over 180,000 Tons/annum, with other facilities established by Dorman-long Engineering, Sparkwest steel industries and African Industries Group.

The facility will serve the Nigerian oil and gas industry and linkage sectors, including telecommunications, power and transport sectors that require galvanised materials. The importance of galvanizing, he explained, included corrosion protection, extended service life of steel materials, cost effectiveness and safety assurances.

Ogbe indicated that the galvanizing plants and other strategic Nigerian Content investments could enjoy patronage from sister African countries courtesy of the Africa Continental Free Trade Agreement protocols, especially if the firms carry out intensive marketing and remain committed to quality standards and competitiveness.

He confirmed that the domiciliation of key industry capacities is contributing towards the attainment of the 70% Nigerian Content target by 2027 and “underscores the commitment of President Bola Tinubu’s Administration towards implementing pro-local production reforms that will bring about employment and economic prosperity.”

In his remarks, the Managing Director of NLNG, Dr. Philip Mshelbila reiterated the company’s unwavering commitment to achieving its Nigerian Content objectives in its Train 7 Project on Bonny Island.

According to Dr. Mshelbila, the protection of steel for durability was a significant application in the energy sector, bolstering the resilience of equipment against depletion and enhancing operational efficiency, reducing wastage from replacement costs, and prolonging the lifespan of relevant equipment.

“The visit to the Daewoo Galvanising Plant is a further ‘show and tell’ of our compliance with the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and, our sincere vision of being a globally competitive LNG company helping build a better Nigeria. As we commission this facility, we are not only celebrating the expansion of our industrial capabilities but also reaffirming our unwavering commitment to contributing to the local economy and creating sustainable job opportunities for the local business environment, he said.

Represented by NLNG’s General Manager, External Relations and Sustainable Development, Mr. Andy Odeh, the Managing Director reported significant progress in the Train 7 Project reflecting the Company’s commitment to excellence.

“We are proud to share the development of the Train 7 project, a groundbreaking initiative that sets new standards in the Nigerian oil and gas sector. Train 7 has achieved several notable milestones including the successful completion of key construction phases and the integration of advanced technologies that enhance our operational capabilities. These accomplishments reflect our commitment to delivering substantial economic and social benefits to Nigeria.

“Our dedication to Nigerian Content is evident in every facet of our operations. From enhancing local capabilities and fostering technological innovation to creating sustainable opportunities for Nigerians, NLNG remains at the forefront of these efforts. We at NLNG are determined to “Go Beyond Compliance” in line with our vision of helping to build a better Nigeria,” he stressed.

The industry executives alongside other executives of NLNG, NCDMB, Daewoo Construction and key stakeholders of the oil and gas industry took a tour of the plant.

 

 

 

 

Ecobank Group Unveils Top Finalists for 2024 Ecobank Fintech Challenge

Hot this week

AMEC Launches GEO Principles to Bring Rigour to AI-led Communications Measurement

AMEC, the International Association for the Measurement and Evaluation...

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

AIICO Insurance Plc has reaffirmed its commitment to improving...

Stanbic IBTC Bank Nigeria PMI: New Order Growth Hits Nine-Month High in May

Growth momentum strengthened in the Nigerian private sector during...

Mutual Benefits Delivers Strong 2025 Financial Performance, Record Profit Growth, Balance Sheet Expansion

Mutual Benefits Assurance Plc has announced its audited financial...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

Topics

NDSF 2025: Nigeria ICT Stakeholders Urged to Engage in WSIS Review Process

Stakeholders in Nigeria's Information and Communication Technology (ICT) sector...

MPC Meeting: Policy Parameters Remain Unchanged

Cordros Capital says in line with its expectation, the...

Sahara Foundation Unveils STEAMers Programme 2.0 to Empower African Students

Mobo Akpene, Programs Manager, Sahara Foundation; representative of STEM...

FedEx Acquires TNT Express

FedEx acquires TNT Express recently. The acquisition of Dutch...

VFD Group Publishes 2024 Q1 Unaudited Financial Results

VFD Group Plc, a leading proprietary investment company in...

Buhari Unveils eNaira in Abuja

President Muhammadu today unveiled the eNaira initiative by the...

NAICOM Approves Guinea Insurance 2017 Account

The National Insurance Commission (NAICOM) has approved the 2017...

THE WINNERS of 2024 ALMOND INSURANCE INDUSTRY AWARDS

GENERAL INSURANCE COMPANY OF THE YEAR Leadway Assurance Company Limited LIFE...
Exit mobile version