• 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

1 year ago
South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

8 hours ago
Morocco: Residents Of Flood-Prone Areas Urged To Leave As Evacuation Figure Hits 108,432

Morocco: Residents Of Flood-Prone Areas Urged To Leave As Evacuation Figure Hits 108,432

9 hours ago
US Congressman Says Trump Targeting To End ‘Slaughtering’ Of Nigerian Christians

I’ll Ensure Christians In Nigeria Are Protected — US Congressman Riley Moore

11 hours ago
Nigeria, Palestine Hold Bilateral Talks

Nigeria, Palestine Hold Bilateral Talks

11 hours ago
Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

1 day ago
Thursday, February 5, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    UK Expels Russian Diplomat In Retaliatory Spying Allegation

    UK Expels Russian Diplomat In Retaliatory Spying Allegation

    Guinea-Bissau: Prominent Opposition Figure Released From Jail

    Guinea-Bissau: Prominent Opposition Figure Released From Jail

    Burkina Faso: Military Government Dissolves Political Parties

    Burkina Faso: Military Government Dissolves Political Parties

    Somalia: Parliament In Rowdy Session Over Attempt To Extend Legislators’ Tenure

    Somalia: Parliament In Rowdy Session Over Attempt To Extend Legislators’ Tenure

    France Moves To Normalise Diplomatic Ties, Invites Chadian President

    France Moves To Normalise Diplomatic Ties, Invites Chadian President

    Guinea: President Doumbouya Appoints New Prime Minister

    Guinea: President Doumbouya Appoints New Prime Minister

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Military Chief Confesses To Killing Of 30 Opposition Supporters

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

  • Economy
    South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

    South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

    Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

    Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

    DRC, UAE Sign Economic Partnership Agreements

    DRC, UAE Sign Economic Partnership Agreements

    UK To Invest $400m In Ethiopia’s Power Sector

    UK To Invest $400m In Ethiopia’s Power Sector

    South Africa Circles Back To Shale Gas As Power Crisis Drags

    Mozambique Restarts $20bn LNG Project Five Years After Deadly Insurgent Attack

    Venezuela: 80 Political Prisoners Freed

    Venezuela: US Begins Unfreezing Sanctioned Funds

    African Nations Now Spend More Repaying Chinese Loans Than Securing New Ones — Report

    African Nations Now Spend More Repaying Chinese Loans Than Securing New Ones — Report

    Egypt To Export 3.2bn Cubic Feet Of Gas To European Markets

    Egypt To Export 3.2bn Cubic Feet Of Gas To European Markets

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    UK Expels Russian Diplomat In Retaliatory Spying Allegation

    UK Expels Russian Diplomat In Retaliatory Spying Allegation

    Guinea-Bissau: Prominent Opposition Figure Released From Jail

    Guinea-Bissau: Prominent Opposition Figure Released From Jail

    Burkina Faso: Military Government Dissolves Political Parties

    Burkina Faso: Military Government Dissolves Political Parties

    Somalia: Parliament In Rowdy Session Over Attempt To Extend Legislators’ Tenure

    Somalia: Parliament In Rowdy Session Over Attempt To Extend Legislators’ Tenure

    France Moves To Normalise Diplomatic Ties, Invites Chadian President

    France Moves To Normalise Diplomatic Ties, Invites Chadian President

    Guinea: President Doumbouya Appoints New Prime Minister

    Guinea: President Doumbouya Appoints New Prime Minister

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Military Chief Confesses To Killing Of 30 Opposition Supporters

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

  • Economy
    South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

    South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

    Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

    Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

    DRC, UAE Sign Economic Partnership Agreements

    DRC, UAE Sign Economic Partnership Agreements

    UK To Invest $400m In Ethiopia’s Power Sector

    UK To Invest $400m In Ethiopia’s Power Sector

    South Africa Circles Back To Shale Gas As Power Crisis Drags

    Mozambique Restarts $20bn LNG Project Five Years After Deadly Insurgent Attack

    Venezuela: 80 Political Prisoners Freed

    Venezuela: US Begins Unfreezing Sanctioned Funds

    African Nations Now Spend More Repaying Chinese Loans Than Securing New Ones — Report

    African Nations Now Spend More Repaying Chinese Loans Than Securing New Ones — Report

    Egypt To Export 3.2bn Cubic Feet Of Gas To European Markets

    Egypt To Export 3.2bn Cubic Feet Of Gas To European Markets

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

  • 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

South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

Morocco: Residents Of Flood-Prone Areas Urged To Leave As Evacuation Figure Hits 108,432

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

South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

February 4, 2026
Morocco: Residents Of Flood-Prone Areas Urged To Leave As Evacuation Figure Hits 108,432

Morocco: Residents Of Flood-Prone Areas Urged To Leave As Evacuation Figure Hits 108,432

February 4, 2026

I’ll Ensure Christians In Nigeria Are Protected — US Congressman Riley Moore

Nigeria, Palestine Hold Bilateral Talks

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

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
AH 2026 AH 2026 AH 2026

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

February 4, 2026
Morocco: Residents Of Flood-Prone Areas Urged To Leave As Evacuation Figure Hits 108,432

Morocco: Residents Of Flood-Prone Areas Urged To Leave As Evacuation Figure Hits 108,432

February 4, 2026
US Congressman Says Trump Targeting To End ‘Slaughtering’ Of Nigerian Christians

I’ll Ensure Christians In Nigeria Are Protected — US Congressman Riley Moore

February 4, 2026
Nigeria, Palestine Hold Bilateral Talks

Nigeria, Palestine Hold Bilateral Talks

February 4, 2026
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

South Africa: Afreximbank Maps Out $8bn Infrastructure Funding

February 4, 2026

Morocco: Residents Of Flood-Prone Areas Urged To Leave As Evacuation Figure Hits 108,432

February 4, 2026

I’ll Ensure Christians In Nigeria Are Protected — US Congressman Riley Moore

February 4, 2026

Nigeria, Palestine Hold Bilateral Talks

February 4, 2026

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

February 3, 2026

Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

February 3, 2026

Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

February 3, 2026

Like France, Spain Moves To Ban Social Media For Children Under 16

February 3, 2026

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