Shaka Braimah

NMDPRA enforces 3% host community funds.

The NMDPRA disclosed this recently during a Stakeholder Sensitisation Workshop on the implementation of the HCDT framework and the operationalisation of the HCDT Digital Portal held in Port Harcourt. The Host Communities Development Trust is a framework mandated by Nigeria’s Petroleum Industry Act 2021 to ensure direct social, environmental, and economic benefits for petroleum-producing areas….

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Lagos moves to end long blackout culture with 24-hr electricity plan.

Installs over 40,000 solar-powered streetlights across metropolis Lagos State Government has unveiled an ambitious roadmap to end the “culture of blackouts” and establish a 24-hour electricity market driven by private sector investment, smart metering and independent power generation across the state. Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, disclosed this on Monday, during…

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UNIPORT, UNIBEN Emerge Regional Winners of NCDMB-sponsored Engineering Olympiad.

The University of Port Harcourt, represented by innovation Team PROTRONICS, and the University of Benin, by Team VHORDE, on Monday at the Nigerian Content Tower (NCT), Yenagoa, emerged winners from the South-South region in the Nigerian Engineering Olympiad (NEO). The competition is a nationwide engineering, innovation and entrepreneurship competition launched in 2025 by a non-profit…

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NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit

 The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…

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NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit

 The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…

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NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit

 The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…

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NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit

 The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…

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Shell plc Paid FG $2.02 Billion in Royalties, Taxes and Production Entitlements in 2025

Shell plc and its subsidiaries paid the Nigerian government a total of $2.016 billion in 2025 through production entitlements, royalties, taxes, and statutory fees. The company’s latest Payments Report,showes that Nigeria received $1.237 billion in production entitlements, representing the largest share of payments made by the energy giant during the year. Royalty payments amounted to…

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