• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Oloibiri Museum NCDMB Executes Construction Contract With Julius Berger

Oloibiri Museum: NCDMB Executes Construction Contract With Julius Berger

12 months ago
AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

6 hours ago
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

9 hours ago
AfDB President Rallies Investors To Harness Africa’s Youth Potential

AfDB President Rallies Investors To Harness Africa’s Youth Potential

12 hours ago
Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

15 hours ago
Sudan: UK Prime Minister Seeks ‘Global Pressure To Stop Slaughter’

Sudan: UK Prime Minister Seeks ‘Global Pressure To Stop Slaughter’

1 day ago
Thursday, November 27, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

    AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

    Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

    BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

    G20 Not About Washington, South Africa Slams US Boycott

    G20 Not About Washington, South Africa Slams US Boycott

    Brazil's Electoral Court Bars Bolsonaro From Office Until 2030

    Brazil: Bolsonaro Arrested After Trying to Destroy Ankle Monitor And Flee

    French President Visits Mauritius First Time Since 1993 In Tour Of Africa

    French President Visits Mauritius First Time Since 1993 In Tour Of Africa

    Senegal: Best Friends Faye, Sonko Move To Calm Rumoured Rift 

    Senegal: Best Friends Faye, Sonko Move To Calm Rumoured Rift 

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

    Why Trump Is Calling For Probe Into Clinton’s Epstein Links

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

  • Economy
    AfDB President Rallies Investors To Harness Africa’s Youth Potential

    AfDB President Rallies Investors To Harness Africa’s Youth Potential

    Nigeria Pushes AfCFTA Takeoff, Targets Opportunities In $3.4trn Market

    Nigeria Pushes AfCFTA Takeoff, Targets Opportunities In $3.4trn Market

    Tanzania Revives Talks For Construction Of Largest Seaport In East Africa

    Tanzania Revives Talks For Construction Of Largest Seaport In East Africa

    Malawi Mandates Tourists To Pay In Hard Currency To Mitigate Forex Crunch

    Malawi Mandates Tourists To Pay In Hard Currency To Mitigate Forex Crunch

    China Signs $1.4bn Infrastructure Deal With Zambia, Tanzania

    China Signs $1.4bn Infrastructure Deal With Zambia, Tanzania

    Nigeria: ICPC Chair Accuses Banks Of Enabling Illicit Financial Flows

    Nigeria: ICPC Chair Accuses Banks Of Enabling Illicit Financial Flows

    Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

    Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

    Chinese Prime Minister Visits Zambia After 28 Years

    Chinese Prime Minister Visits Zambia After 28 Years

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

    AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

    Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

    BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

    G20 Not About Washington, South Africa Slams US Boycott

    G20 Not About Washington, South Africa Slams US Boycott

    Brazil's Electoral Court Bars Bolsonaro From Office Until 2030

    Brazil: Bolsonaro Arrested After Trying to Destroy Ankle Monitor And Flee

    French President Visits Mauritius First Time Since 1993 In Tour Of Africa

    French President Visits Mauritius First Time Since 1993 In Tour Of Africa

    Senegal: Best Friends Faye, Sonko Move To Calm Rumoured Rift 

    Senegal: Best Friends Faye, Sonko Move To Calm Rumoured Rift 

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

    Why Trump Is Calling For Probe Into Clinton’s Epstein Links

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

  • Economy
    AfDB President Rallies Investors To Harness Africa’s Youth Potential

    AfDB President Rallies Investors To Harness Africa’s Youth Potential

    Nigeria Pushes AfCFTA Takeoff, Targets Opportunities In $3.4trn Market

    Nigeria Pushes AfCFTA Takeoff, Targets Opportunities In $3.4trn Market

    Tanzania Revives Talks For Construction Of Largest Seaport In East Africa

    Tanzania Revives Talks For Construction Of Largest Seaport In East Africa

    Malawi Mandates Tourists To Pay In Hard Currency To Mitigate Forex Crunch

    Malawi Mandates Tourists To Pay In Hard Currency To Mitigate Forex Crunch

    China Signs $1.4bn Infrastructure Deal With Zambia, Tanzania

    China Signs $1.4bn Infrastructure Deal With Zambia, Tanzania

    Nigeria: ICPC Chair Accuses Banks Of Enabling Illicit Financial Flows

    Nigeria: ICPC Chair Accuses Banks Of Enabling Illicit Financial Flows

    Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

    Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

    Chinese Prime Minister Visits Zambia After 28 Years

    Chinese Prime Minister Visits Zambia After 28 Years

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Oloibiri Museum: NCDMB Executes Construction Contract With Julius Berger

December 13, 2024
in Economy, Top Stories
0
Oloibiri Museum NCDMB Executes Construction Contract With Julius Berger
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By John Ikani

The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday signed the engineering, procurement, and construction contract with Julius Berger PLC for the development of the Oloibiri Museum and Research Centre (OMRC), to be located in Otuabagi, Ogbia Local Government Area of Bayelsa State.

Relatedreading

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

The Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, signed the contract at the Board’s liaison office in Abuja. The project is set to be completed within 30 months.

The OMRC is being financed by the Petroleum Development Technology Fund (PTDF), NCDMB, Shell Petroleum Development Company/Nigerian National Petroleum Company Ltd, and the Bayelsa State Government, in the ratios of 40%, 30%, 20%, and 10% respectively.

The project is registered by guarantee, with the four organisations serving as partners. The contract agreement has been approved by the partners and signed by Julius Berger PLC.

The Executive Secretary of NCDMB, as chairman of the registered company, signed the contract on behalf of the partners. The Director of Legal Services at NCDMB, Naboth Onyesoh, Esq., serves as the Secretary of the company.

In February 2023, the administration of President Muhammadu Buhari awarded the contract for the engineering, procurement, and construction scope of the OMRC to Julius Berger for the sum of ₦117 billion.

The groundbreaking ceremony for the OMRC was held in February 2023. It was a colourful event attended by prominent government officials, oil and gas stakeholders, and members of the local community.

Engr. Felix Omatsola Ogbe expressed his satisfaction with the contract’s execution, marking the beginning of construction activities. He highlighted that the project would bring significant economic benefits to Bayelsa State and the nation during both the construction and operational phases.

He extended his gratitude to the project partners and stakeholders who have contributed to the project’s progress thus far.

The project was conceived to honour Oloibiri as the birthplace of Nigeria’s commercial hydrocarbon production, which began in 1958.

Engr. Ogbe further noted that President Bola Tinubu regarded the project as long overdue, prompting multi-level collaboration between the government and private sector to bring it to fruition.

The OMRC will include a world-class oil and gas museum, showcasing the history of crude oil production in Nigeria. It will feature geological formations, early equipment, tools, and platforms used in the development of oil and gas activities.

Additionally, the research and testing centre will provide facilities for field trials of prototypes related to indigenous oil and gas research. It will offer university students in related disciplines access to advanced research opportunities, fostering a better understanding of indigenous oil and gas technological advancements.

The OMRC is also expected to drive the commercialisation of research by creating an ecosystem conducive to developing home-grown oil and gas technologies. It will generate a new value chain from museum and research operations, creating employment opportunities for Nigerians.

Tags: Nigerian Content Development and Monitoring Board (NCDMB)
ShareTweetSend
Previous Post

Somaliland: New President To Pursue International Recognition For Breakaway Region

Next Post

Niger: Military Junta Suspends BBC For Destabilizing Morale Of Troops

Related Posts

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

November 26, 2025
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

November 26, 2025

AfDB President Rallies Investors To Harness Africa’s Youth Potential

Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

Sudan: UK Prime Minister Seeks ‘Global Pressure To Stop Slaughter’

Niger Dispatches Fuel Convoy To Mali To Ease Shortage

Next Post
Niger: Military Junta Suspends BBC For Destabilizing Morale Of Troops

Niger: Military Junta Suspends BBC For Destabilizing Morale Of Troops

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

November 26, 2025
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

November 26, 2025
AfDB President Rallies Investors To Harness Africa’s Youth Potential

AfDB President Rallies Investors To Harness Africa’s Youth Potential

November 26, 2025
Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

November 26, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

November 26, 2025

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

November 26, 2025

AfDB President Rallies Investors To Harness Africa’s Youth Potential

November 26, 2025

Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

November 26, 2025

Sudan: UK Prime Minister Seeks ‘Global Pressure To Stop Slaughter’

November 25, 2025

Niger Dispatches Fuel Convoy To Mali To Ease Shortage

November 25, 2025

Uganda: Bobi Wine’s Party Alleges Arrest Of 300 Members

November 25, 2025

Tanzania Cites Post-Election Unrest For Cancellation Of Independence Celebration

November 25, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In