• 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

11 months ago
South Africa: 3,500 Additional Policemen Deployed Over Planned Protest At G20 Summit

South Africa: 3,500 Additional Policemen Deployed Over Planned Protest At G20 Summit

4 hours ago
Morocco’s Achraf Hakimi Wins Best Men’s Player In Africa

Morocco’s Achraf Hakimi Wins Best Men’s Player In Africa

5 hours ago
Nigeria: Govt Fines Qatar Airways N5m Over Consumer Rights Violations

Nigeria: Govt Fines Qatar Airways N5m Over Consumer Rights Violations

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

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

7 hours ago
Chinese Prime Minister Visits Zambia After 28 Years

Chinese Prime Minister Visits Zambia After 28 Years

8 hours ago
Thursday, November 20, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    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

    Tanzania: President Hassan Appoints Former Finance Minister As New PM

    Tanzania: President Hassan Appoints Former Finance Minister As New PM

    Paris Court Grants Sarkozy Release From Prison Under Judicial Supervision

    Paris Court Grants Sarkozy Release From Prison Under Judicial Supervision

    Nigeria: Ex-Central Bank Chief Wins Governorship Poll For 2nd Term

    Nigeria: Ex-Central Bank Chief Wins Governorship Poll For 2nd Term

    Djibouti: Parliament Removes Presidential Age Limit, Clears Way For 77-Year-Old Leader

    Djibouti: President Guelleh To Run For 6th Term After Removing Constitutional Age Limit

    Kenya Demands Safety Of Citizens Caught Up In Tanzania’s Post-Election Violence

    Kenya Demands Safety Of Citizens Caught Up In Tanzania’s Post-Election Violence

    US: First Female Speaker, Nancy Pelosi Announces Retirement At 85

    US: First Female Speaker, Nancy Pelosi Announces Retirement At 85

  • Economy
    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

    Nigeria, Djibouti, South Sudan Join Group Imposing Taxes On Luxury Air Travel

    Nigeria, Djibouti, South Sudan Join Group Imposing Taxes On Luxury Air Travel

    Rwanda, Kano Chamber Of Commerce Seal Pact To Boost Trade, Investment Opportunities

    Rwanda, Kano Chamber Of Commerce Seal Pact To Boost Trade, Investment Opportunities

    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegal: IMF’s Call For Debt Restructure A “Disgrace” — Prime Minister

    Goldman

    Nigeria: Naira Holds Steady Against Dollar At Forex Market

    AfDB Launches Young Professionals Programme To Groom Africa’s Next Generation Of Development Leaders

    AfDB Launches Young Professionals Programme To Groom Africa’s Next Generation Of Development Leaders

    Nvidia In Talks To Invest In Arm IPO

    Nvidia Becomes World’s First $5 Trillion Company

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    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

    Tanzania: President Hassan Appoints Former Finance Minister As New PM

    Tanzania: President Hassan Appoints Former Finance Minister As New PM

    Paris Court Grants Sarkozy Release From Prison Under Judicial Supervision

    Paris Court Grants Sarkozy Release From Prison Under Judicial Supervision

    Nigeria: Ex-Central Bank Chief Wins Governorship Poll For 2nd Term

    Nigeria: Ex-Central Bank Chief Wins Governorship Poll For 2nd Term

    Djibouti: Parliament Removes Presidential Age Limit, Clears Way For 77-Year-Old Leader

    Djibouti: President Guelleh To Run For 6th Term After Removing Constitutional Age Limit

    Kenya Demands Safety Of Citizens Caught Up In Tanzania’s Post-Election Violence

    Kenya Demands Safety Of Citizens Caught Up In Tanzania’s Post-Election Violence

    US: First Female Speaker, Nancy Pelosi Announces Retirement At 85

    US: First Female Speaker, Nancy Pelosi Announces Retirement At 85

  • Economy
    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

    Nigeria, Djibouti, South Sudan Join Group Imposing Taxes On Luxury Air Travel

    Nigeria, Djibouti, South Sudan Join Group Imposing Taxes On Luxury Air Travel

    Rwanda, Kano Chamber Of Commerce Seal Pact To Boost Trade, Investment Opportunities

    Rwanda, Kano Chamber Of Commerce Seal Pact To Boost Trade, Investment Opportunities

    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegal: IMF’s Call For Debt Restructure A “Disgrace” — Prime Minister

    Goldman

    Nigeria: Naira Holds Steady Against Dollar At Forex Market

    AfDB Launches Young Professionals Programme To Groom Africa’s Next Generation Of Development Leaders

    AfDB Launches Young Professionals Programme To Groom Africa’s Next Generation Of Development Leaders

    Nvidia In Talks To Invest In Arm IPO

    Nvidia Becomes World’s First $5 Trillion Company

  • 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: 3,500 Additional Policemen Deployed Over Planned Protest At G20 Summit

Morocco’s Achraf Hakimi Wins Best Men’s Player In Africa

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: 3,500 Additional Policemen Deployed Over Planned Protest At G20 Summit

South Africa: 3,500 Additional Policemen Deployed Over Planned Protest At G20 Summit

November 19, 2025
Morocco’s Achraf Hakimi Wins Best Men’s Player In Africa

Morocco’s Achraf Hakimi Wins Best Men’s Player In Africa

November 19, 2025

Nigeria: Govt Fines Qatar Airways N5m Over Consumer Rights Violations

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

Chinese Prime Minister Visits Zambia After 28 Years

Australian Official Declares ‘Red Wednesday’ In Response To Attack On Kwara Church

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
South Africa: 3,500 Additional Policemen Deployed Over Planned Protest At G20 Summit

South Africa: 3,500 Additional Policemen Deployed Over Planned Protest At G20 Summit

November 19, 2025
Morocco’s Achraf Hakimi Wins Best Men’s Player In Africa

Morocco’s Achraf Hakimi Wins Best Men’s Player In Africa

November 19, 2025
Nigeria: Govt Fines Qatar Airways N5m Over Consumer Rights Violations

Nigeria: Govt Fines Qatar Airways N5m Over Consumer Rights Violations

November 19, 2025
Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

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

November 19, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

South Africa: 3,500 Additional Policemen Deployed Over Planned Protest At G20 Summit

November 19, 2025

Morocco’s Achraf Hakimi Wins Best Men’s Player In Africa

November 19, 2025

Nigeria: Govt Fines Qatar Airways N5m Over Consumer Rights Violations

November 19, 2025

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

November 19, 2025

Chinese Prime Minister Visits Zambia After 28 Years

November 19, 2025

Australian Official Declares ‘Red Wednesday’ In Response To Attack On Kwara Church

November 19, 2025

US Shuts Out Nigerian Diplomats From Nicki Minaj’s UN Event That Discussed Christian Genocide

November 19, 2025

Nigeria: One of 25 Kidnapped Schoolgirls In Kebbi Escapes

November 18, 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