The Bullion Lecture: Captains of industry urge local value addition to drive Nigeria’s prosperity - ITREALMS Online

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Notable captains of industry have urged Nigerians to prioritize the local processing of raw materials before export, identifying value addition as an irreducible commitment to driving the country’s industrial renaissance, reports ITREALMS.

This mandate was the focal point of the 10th edition of The Bullion Lecture, themed “From Resources to Prosperity: How Raw Materials Development, Value Addition and Innovation Can Catalyse Nigeria’s Industrial Renaissance,” recently held at the Civic Centre, Lagos.

From Import dependency to local capacity: Nigeria’s tech manufacturing journey - ITREALMS Online

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The recent escalation in the Middle East conflict has delivered a sharp, analytical reminder of Nigeria’s structural vulnerability. As global oil prices surged past $100 per barrel, a troubling paradox emerged: Nigeria, a major crude producer with a world-class refinery now operational, remains buffeted by energy shocks originating thousands of miles away.

This crisis has brought instant sunlight to an uncomfortable truth; decades of import dependency have left the nation’s economy precariously exposed to external shocks.

AfriTECH 5.0: Rudman says local traffic exchange critical for Nigeria’s digital future - ITREALMS

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The Managing Director of the Internet Exchange Point of Nigeria (IXPN), Muhammed Rudman, has underscored the urgent need for Nigeria to strengthen its local traffic exchange ecosystem, describing it as a strategic national imperative for speed, security, and digital economic expansion.

Speaking during a presentation at the African Tech Alliance (AfriTECH) Forum on Thursday last week, Rudman explained that local traffic exchange, where ISPs, content providers, and networks exchange data within Nigeria rather than routing it through international paths, remains the backbone of a modern, efficient internet economy.

Nwapa: Oil industry investments not stifled by local content - ITREALMS

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The Nigerian Content Academy Lecture Series, organized by the Nigerian Content Development and Monitoring Board (NCDMB), began on a thought-provoking note on Friday, offering a panoramic review of local content strategy and implementation in Nigeria’s oil and gas industry. 

The event also featured a strong admonition to stakeholders not to trivialize the national local content initiative.

RMRDC Targets 30% value addition policy on export of local raw materials - ITREALMS

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The Raw Materials Research and Development Council (RMRDC) has unveiled a new policy framework aimed at achieving a minimum of 30% value addition on all exports of local raw materials. 

The initiative is designed to boost the competitiveness of Nigeria’s Small and Medium Enterprises (SMEs) and enhance the nation’s industrial base.

Nigeria shares local content expertise @Namibia oil and gas conference - ITREALMS

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Nigeria’s achievements in the oil and gas sector have become a benchmark for other African nations, reports ITREALMS. 

At, the 2025 Namibia Oil and Gas Conference in Windhoek, Nigeria's local content successes were a frequent topic of discussion. 

Local content, NCDMB on spotlight @2025 NOG confab - ITREALMS

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The recently held 2025 Nigeria Oil and Gas (NOG) Conference in Abuja highlighted the pivotal role of the Nigerian Content Development and Monitoring Board (NCDMB) in advancing local content policies and driving Nigeria’s energy sector transformation. 

At different sessions at the conference, leaders of the of the Nigerian oil and gas industry lauded the contributions of NCDMB and highlighted the impact the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has played in transforming the oil and gas landscape, emphasising the need for continued support by Government and other stakeholders.

Book on Nigeria local content by Ezeobi debuts - ITREALMS

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A book on the Nigeria local content and stratrgic communication authored by Dr Obinna Ezeobi has made a debut, reports ITREALMS.

Ezeobi in the book titled the "Nigeria’s Local Content: A Journey of Strategic Communication and Economic Transformation”
provided detailed account of how skillful communication initiatives, stakeholders management strategies and effective collaboration among key players in the oil sector.

Aliko Dangote Foundation distributes N16bn worth of rice across 774 local governments - ITREALMS

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The Aliko Dangote Foundation (ADF), Thursday, commenced the distribution of 2025 Annual National Food Intervention Project (ANFIP) valued at N16billion, targeted at one million Nigerians, reports ITREALMS.

Speaking at the ceremony in Kano, chairman of the Aliko Dangote Foundation, Mr. Aliko Dangote, said the distribution of one million bags of 10kg rice to the poor and most vulnerable Nigerians in the 774 Local Government Areas is in line with the core values of his company and Foundation.

NCDMB, APPO plan 'Centres of Excellence in African Local Content Development' - ITREALMS

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The Nigerian Content Development and Monitoring Board (NCDMB) and the African Petroleum Producers’ Organisation (APPO) have recommitted their partnership towards establishing African centres of excellence in local content development. 

Both organisations also encouraged African petroleum producing countries to develop specialised capacities in core oil and gas services, and patronise one another in their respective areas of expertise.

Energy Expert urges Tinubu to end petrol import racket, prioritise local refining - ITREALMS

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The continued importation of petrol and diesel by the Nigerian National Petroleum Corporation (NNPC) Limited and certain marketers, despite the Dangote Petroleum Refinery’s capacity to meet domestic demand, is a disservice to the country, says an Energy expert, Dan Kunle, ITREALMS reports.

Recent reports indicate that NNPC, oil marketers spent N5.5tn on petrol, diesel importation in four months.

NCDMB: No more middlemen in our local content processes - ITREALMS

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The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting cycle to six months, courtesy of the three Presidential Directives on Local Content operations issued by President Bola Tinubu in March 2024.

The Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe stated this in Lagos while speaking at a breakfast meeting with some media executives.

FG: Lifting petrol @Dangote refinery marks return industrialisation, local refining – ITREALMS

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The Federal Government has announced that the commencement of petroleum lifting from the Dangote Petroleum Refinery and Petrochemicals marks a return to industrialisation and local refining in Nigeria.

This announcement came weekend, as a fleet of trucks from the Nigerian National Petroleum Corporation Limited (NNPCL), began transporting Premium Motor Spirit (PMS), commonly known as petrol, from the world's largest single-train refinery, located in the Ibeju-Lekki area of Lagos State.

Local content: NCDMB applauds NLNG over Train 7 project - ITREALMS

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The Executive Secretary of the Nigerian Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has commended the significant Nigerian Content strides achieved in the Nigeria LNG Limited (NLNG) Train 7 Project.

Speaking on Friday during a visit to the NLNG six-train plant, Train 7 Project construction site, and the NLNG Shipping and Marine Services Limited (NSML) training centre, Maritime Centre for Excellence (MCOE) in Finima, Bonny Island, Rivers State, Engr. Ogbe emphasised the need for increased collaboration and advocacy for Nigerian Content in the oil and gas industry.

ICTLOCA: Championing Local Content and Supporting CBN's Forex Policy - ITREALMS

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The Association for Information and Communication Technology on Local Content (ICTLOCA) has emerged as a prominent voice in Nigeria's digital landscape, advocating for the promotion and development of indigenous ICT solutions and supporting the Central Bank of Nigeria's (CBN) recent forex policies. This article delves into ICTLOCA's mission, its initiatives in line with the CBN's forex policy, and its potential impact on the Nigerian economy.

Understanding ICTLOCA's Mission:

ICTLOCA Summit 2024: Unveils future of sustainable local content via digital innovation - ITREALMS

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The Association of Information Communication Technology Local Content (ICTLOCA) has unveiled the theme for its forthcoming Convergence Summit 2024 as “Sustaining Local Content with Digital Innovation backbone in the Ecosystem” reports ITREALMS.

The President ICTLOCA, Mr. Gbolahan Awonuga, said that the landmark event, taking place in July 2024 at Landmark Event Centre will bring together key stakeholders in the Nigerian ICT sector to explore the transformative potential of digital technologies in driving sustainable local content development.

NLNG's unwavering commitment to local content development in Nigeria - ITREALMS

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The Nigeria LNG Limited (NLNG) has hosted the Nigerian Content Stakeholders Retreat at its plant complex in Bonny, in demonstration of its unwavering commitment to the advancement of local content in Nigeria, reports ITREALMS.

The three days event, ITREALMS gathered, provided a platform for the cohesion of NLNG’s vision of being a globally competitive LNG company helping to build a better Nigeria, and the goal of the Nigerian Content Development and Monitoring Board (NCDMB) as the umpire for Nigerian Content Development.

IXPN highlights collaboration, peering and local hosting benefits - ITREALMS

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A non-for-profit and membership-based organisation, the Internet Exchange Point of Nigeria (IXPN), has highlighted the benefits that come with collaboration among operators, peering in carrier and cloud-neutral data centres and the hosting of content locally in Nigeria, where it is believed does more downloads of content than uploads, reports ITREALMS.

IXPN, ITREALMS recalled provides a platform for networks to interconnect directly within Nigeria.

Empower Local Governments, improve access to clean water, sanitation, hygiene - ITREALMS

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Access to clean water, sanitation, and hygiene is essential for human health and well-being. The Sustainable Development Goal (SDG) 6 is about "clean water and sanitation for all". However, in many developing countries, these necessities remain out of reach for a significant portion of the population, particularly those living in suburban and rural areas. The popular thinking is that local governments can play a critical role in scaling up interventions to improve access to water, sanitation, and hygiene.

Take Nigeria. It is easily the most populous country in Africa with a rapidly growing population that is expected to reach 400 million by 2050. Despite its vast natural resources, including water, Nigeria faces significant challenges in providing access to clean water, sanitation, and hygiene. According to the World Health Organisation (WHO), only 29 per cent of Nigerians have access to basic sanitation facilities, and only 63 per cent have access to basic water services.

PPC supports local production of smart meters, electricity access - ITREALMS

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The PPC Limited, Nigeria’s leading engineering and infrastructure development company, is supporting the local production of smart meters through the supply of accessories in the drive to ensure widespread access to electricity in Nigeria.

PPC through its partnership with prepaid meter producers in the country, has facilitated the installation of about 3,000 smart meters to households and electricity consumers.