US EditionNigeria Unveils US$100 Million Fund for Local Energy Firms
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Nigeria is strengthening its industrial sovereignty policy with a new initiative led by the Nigerian Content Development and Monitoring Board (NCDMB). Nigerian Content Development and Monitoring Board announced on Tuesday, December 2, 2025 the creation of a $100 million fund to support local companies active in oil and gas services. This measure aims to step up the development of local content, a central pillar of the national strategy to transf…
Nigeria Unveils US$100 Million Fund for Local Energy Firms
News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/nigeria-unveils-us100-million-fund-for-local-energy-firms/Nigeria’s oil and gas content regulator on Tuesday launched a $100 million equity investment scheme designed to boost indigenous participation in the energy sector, while announcing stricter compliance measures set to take effect in January 2026. Engineer Felix Omatsola Ogbe, executive secretar…
Nigeria Unveils $100M Equity Fund, Calls For Oil Production Increase To 3M Barrels Per Day At Practical Nigerian Content Forum
The Federal Government of Nigeria has unveiled a $100 million equity investment scheme to support indigenous companies in the oil and gas sector, while urging operators to accelerate projects and raise crude production to three million barrels per day (bpd). The announcements, made at the 14th Practical Nigerian Content Forum in Yenagoa, highlight the country’s commitment to enhancing local participation, attracting investment, and reviving the …
NCDMB, BOI sign $100m Nigerian Content Intervention Fund MoU - EnviroNews - latest environment news, climate change, renewable energy
The Nigerian Content Development & Monitoring Board (NCDMB) and the Bank of Industry (BoI) on Tuesday, December 2, 2025, signed a Memorandum of Understanding (MoU) to establish the $100 million Content Intervention Fund (NCIF) Equity Scheme. The Executive Secretary of NCDMB, Mr. Felix Ogbe, signed on behalf of the Board, while the Managing Director of BoI, Dr Olasupo Olusi, signed for the bank. Ogbe described the signing as a landmark developmen…
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