NCDMB Equity Acquisition in Refinery
Sector: Oil and Gas • Location: Alesa Eleme, Rivers, Nigeria
Source: THISDAYLIVE
The Nigerian Content Development and Monitoring Board (NCDMB) has acquired a 20% equity stake in a 100,000 barrels per day refinery project being developed by African Refinery Group Limited in partnership with the Nigerian National Petroleum Company (NNPC). This investment aims to enhance local content development in Nigeria's oil and gas sector and create job opportunities during the construction
- Status
- Closed
- Sector
- Oil and Gas, Government
- Location
- Alesa Eleme, Rivers, Nigeria
- Updated
- 22 Jul 2026
- Source
- THISDAYLIVE
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Nigerian Content Development and Monitoring Board (NCDMB) has acquired a 20% equity stake in a 100,000 barrels per day refinery project being developed by African Refinery Group Limited in partnership with the Nigerian National Petroleum Company (NNPC). This investment aims to enhance local content development in Nigeria's oil and gas sector and create job opportunities during the construction and operation phases. |
Original sector | Oil and Gas |
Location
Country | Nigeria |
State | Rivers |
City | Alesa Eleme |
Source
Source | THISDAYLIVE |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government |
Article published date | 2025-03-12 |
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