Monday, February 6Nigeria's Authoritative Maritime News Magazine
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Tag: Nigerian Content Development and Monitoring Board(NCDMB)

Buhari’ll End Nigeria’s Fuel Importation, Says Sylva.

Buhari’ll End Nigeria’s Fuel Importation, Says Sylva.

Breaking News, News Feature, Press Release
President Muhammadu Buhari The President, Major General Muhammadu Buhari (retd.) is committed to putting an end to the importation of refined petroleum products into Nigeria, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said. Sylva said the government was working to reverse Nigeria’s status as a net importer of Premium Motor Spirit, popularly called petrol, and as such had been supporting the establishment of modular refineries to boost indigenous PMS production. The minister stated this after inspecting the Azikel Hydro-Skimming Refinery, the first hydro-skimming private modular refinery being built by businessman, Azibapu Eruani in Yenagoa, Bayelsa State. The refinery, which is about 75 per cent completed, has the capacity to process 12,000 bar...
FG Begins Feasibility Study for Brass Shipyard Project

FG Begins Feasibility Study for Brass Shipyard Project

Maritime, News Feature, Port News, Press Release
The Federal Government has commenced feasibility study for the construction of a shipyard in Brass Island, Bayelsa State, which would cater for the maintenance and repair services of cargo vessels, oil tankers, and LNG carriers. Chief Timipre Sylva conducting Feasibility study with Harbour engineers The Minister of State for Petrolem Resources, Chief Timipre chaired the project’s kick-off meeting on Thursday and stated that it will be executed by China Harbour Engineering Company, which had carried out similar projects across the globe . The feasibility study, according to the minister, will be funded by the Nigerian Content Development and Monitoring Board (NCDMB) as part of its overarching mandate to domicile key oil and gas industry infrastructure and increase retention of in...