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NIGERIAN ENGINEERS CRITICAL TO RESTORATION OF INFRASTRUCTURE– PRESIDENT BUHARI

President Muhammadu Buhari Tuesday in Abuja said his administration will heavily utilize talents and skills of local engineers to rebuild ailing infrastructure across the country, describing the engineers as ‘‘competent and cost effective.’’Speaking at an investiture ceremony by the Nigerian Academy of Engineers (NAE) at the State House, President Buhari said the well-trained and highly experienced engineers had contributed...

Guidelines for access to Nigerian Content Fund underway

The Nigerian Content Development and Monitoring Board (NCDMB) will soon release a new set of rules for disbursing the Nigerian Content Development Fund (NCDF).This was part of the outcome of the sixth Practical Nigerian Content Conference, which ended in Abuja last week.The Executive Secretary of the NCDMB, Simbi Wabote, yesterday confirmed that the board would come up with...

Nigerian Society of Engineers releases Communique on Economy and the Engineering Sector

PRESS CONFERENCE ON THE COMMUNIQUE FROM THE COUNCIL MEETING OF NSE Introduction  Gentlemen of the Press, I welcome you all to this Briefing session, which is yet another in the series of our regular interactions with the media and by implication, the general public. On this occasion, we issue a Communiqué from the meeting held on 21st April, 2016 by the Council...

Changing Times: China To Sanction Companies For Disobeying Nigerian Content and Labour Law

The Chinese Ambassador to Nigeria, Amb. Gu Xiaojie, on Tuesday said that the Chinese government would henceforth sanction any Chinese company that would disobey Nigeria’s local content and labour laws.Gu made the assertion in an interview with newsmen in Lagos following complaints by some Nigerians that the companies were not obeying Nigerian labour laws. The Envoy, however, said that...

Shell, OEMs begin construction of industrial park

The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company of Nigeria (SPDC) on Friday performed the ground breaking of a mini industrial park, taking a major step towards the attainment of Nigerian Content goals.The event took place in Port Harcourt, Rivers State and featured three original equipment manufacturers (OEMS) utilised by Shell for its operations-Alcon,...

West Africa Could Lead The World’s Next Production Boom

The right technology and tolerance for risk could make West Africa the next "North Sea," possibly offsetting the balance of the world's production hub.During the early 1970s, Saudi Arabia cut production as a reminder that it held the cards to the world’s petroleum resources. What the swing country did not count on was the slew of development and production...

TECHNOLOGY WILL PLAY KEY ROLE IN BUHARI’S ADMINISTRATION – ONU

Former Governor of Abia State and a chieftain of All Progressives Congress, Dr Ogbonnaya Onu has assured Nigerians that technology will play a key role in President Muhammadu Buhari’s effort to development the economy.Onu made the disclosure while addressing a gathering of engineers at a lecture entitled: “The Nigeria Power Sector Reform: Progress, Status, Issues and Outlook”, organised by...

Jonathan Did Not Get Version Of PIB

Former Director of the Department of Petroleum Resources (DPR), Mr. Osten Olorunsola, monday disclosed that the version of the Petroleum Industry Bill (PIB) he was appointed to review and rewrite as chairman of a special committee set up to review the bill by the immediate past government of former president Goodluck Jonathan, was not what was presented to Jonathan. Olorunsola...

Economic viability: NSE vows to intensify agenda setting on engineering practice

The Nigerian Society of Engineers, (NSE), has reiterated its resolve to escalate agenda setting for the in-coming administration both at the federal and state levels towards embracing the study and practice of engineering in the country towards the nation’s economic growth, wrote Miriam Humbe.President of NSE, Engr. Ademola Isaac Olorunfemi made the resolve during a press briefing hinged on burning...

FG Urged to Ensure Speedy Passage of PIB

Members of the National Assembly have been advised to ensure speedy passage of the Petroleum Industry Bill (PIB) before the end of this present assembly.The call was made by the executive chairman of Petrolog Limited, Dr Vincent Ebuh, at the unveiling of the company's new Diving Support Vessel (DSV) Vinnice, in Lagos recently.Ebuh said: "It is in the account...