



Updating your news feed...

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

NCDMB Executive Secretary Wabote
The Nigerian Content
Development and Monitoring Board ( NCDMB), says it will partner with
Waltersmith Petroleum Limited to construct a modular refinery on Brass Island,
in Bayelsa State.
The Executive Secretary
of the board, Mr Simbi Wabote disclosed this in a statement issued by the
Board’s Management in Abuja on Thursday.
He spoke at the
commissioning of a modular science laboratory at Model Government Secondary
School, Twon Brass and an Information Communication Technology (ICT) Centre at
Government Secondary School Okpoama, both in Brass Local Government Area of the
state.
According to him,
a number of investments opportunities are being considered by NCDMB for Brass
Island.
“They include siting a
modular refinery in partnership with Waltersmith Petroleum Ltd. and utilising
feed stock from the Nigerian Agip Oil Company, which operates in the location.
“It is also a veritable
location for even a dry dock facility or a floating dock facility.
“NCDMB is currently
studying a strategy for establishing and enhancing all the existing dry dock
facilities to maintain our ships, light crafts and also expand our integration
base in the country.
“Brass Island
development will force down oil production cost,” he said.
He noted that the Island
as a strategic location, had the closest point from where one could access many
of the Floating Production Storage and Offloading (FPSO) platforms that operate
off the shores of Nigerian waters, including Bonga main.
Wabote said that some of
the offshore oil and gas fields were currently being accessed from far
locations like Lagos, with considerable cost implications.
He said that developing
and utilising nearby locations like Brass Island for oil and gas logistics
operations would help the industry meet the recent charge by the Minister of
State for Petroleum Resources for players in the industry to ensure a
significant reduction in the cost per barrel of Nigeria’s crude oil production.
“Part of the strategy is
to site logistics requirements where it is easy to access, reducing time, fuel
consumption and improving Turn Around Maintenance (TAM) time.
“A serious study is
going on currently to see the things that would be possible on the Island of
Brass in order to bring down our cost of production.”
Commenting on the
donation of a laboratory and ICT Centre to the secondary schools in Brass, he
said that it was part of effort to build capacity of Nigeria which was in line
with the mandate of the board.
“Capacity building is
one of NCDMB’s key objectives and the agency had decided to promote such
efforts from the primary school level up to the university level.
“So far, NCDMB had
donated 25 ICT centres to secondary schools across the country and built the
capacity of teachers in some states as part of its capacity building and
corporate social responsibility programmes.
“We believe in enhancing
the quality of Science, Technology, Engineering and Mathematics (STEM)
education.
“It is sad that in some
secondary schools, particularly in remote locations, students are taught these
subjects without any practical experience.
“Our strategy going
forward is to encourage STEM education as well as ICT in secondary schools
across the country.
“These days every
entrance examination is done online and if we don’t start inculcating those
knowledge in secondary students, most of them will fall behind in meeting up
with the ICT age,” he said.
On strategies for
maintaining the centres, Wabote explained that NCDMB had instituted a
sustainability programme, which includes a one year management arrangement and
training of staff and locals to operate the centres.
He assured that NCDMB
would run periodic assessments of the facilities and develop new strategies to
sustain them.
“We have a strategic
objective and a plan to follow through on most of these centres we have
established for sustainability. For us, it is an end to end thinking in most of
these activities we are doing,” Wabote said. (NAN)

















.webp&w=256&q=75)







