Breaking: Buhari Commissions 17-Storey NCDMB Tower In Yenogoa

'Dotun Akintomide
Writer

Ad

$4.5bn: Court Admits More Evidence Against Emefiele

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on October 9,2025, admitted more evidence against a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in an alleged $4.5bn fraud. Emefiele is standing trial on a 19-count charge bordering on receiving gratification and corrupt demand preferred against him by…

NEITI Warns of Deepening Transparency Crisis, Says Nigeria Lost $3.3bn to Oil theft, Sabotage

By Obinna Uballa Nigeria lost an estimated 13.5 million barrels of crude oil valued at $3.3 billion to theft and pipeline sabotage between 2023 and 2024, the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed. Executive Secretary of NEITI, Dr. Ogbonnaya Orji, disclosed this on Thursday at the 2025 Association of Energy Correspondents of Nigeria…

Oil Eases over 1.5% after Gaza ceasefire

Summary Israel and Hamas agree to Gaza ceasefire, return of hostages US oil product supplied highest since December 2022, EIA says Stalled peace talks in Ukraine underpin prices Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. Brent crude futures were…

Ad

President Muhammadu Buhari has virtually commissioned the 17-storey Nigerian Content Tower of the Nigerian Content Development Development and Monitoring Board (NCDB) in Elebele, Yenagoa, Thursday.

The edifice touted to be the tallest building in the entire South-South and Southeast parts of the country was designed and completed by local contractors and manpowers.NCDMB new, nigerian content, bayelsa state

Read also: Ex-SGF Babachir Lawal: North’s Hold on Power In Nigeria Has Been An Albatross

Commissioning the tower, President Buhari said the project was a demonstration of his administration’s keen interest in deepening manpower development and contribution to the Oil/Gas and other allied industries in the country.

The tower was constructed with its own 10 Megawatt gas-fired power plant and a 1000 seater conference hall, also in the Swali area of Bayelsa State capital.

President Buhari who was represented by the Minister of state for Petroleum Resources, Chief Timipre Sylva, also commissioned the NCDMB Independent Power Plant constructed in partnership with the Nigerian Agip Oil Company (NAOC).

“We plan to develop local content up to 70% and this tower signals that. Nigerians can do it if the opportunities is given to them and we’re proud of this project.”

Read also: NDDC Probe: Pressure Mounts As Monarch Tells Akpabio To Resign

“Buhari has brought the ship of local content to the Niger Delta with this project at its heart here in Bayelsa. The youths of the Niger Delta should jump on the ship now,” Sylva said while speaking at the commissioning.

The power plant will provide uninterrupted electricity to the NCDMB structures, the Nigerian Oil and Gas Park being developed by the Board at Emeyal 1 Bayelsa State and select structures in the state.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp