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Gas

NCDMB clears 18 firms for oil equipment manufacturing

Source: Punch

CEII brief

Punch reported on 22 Oct 2026: NCDMB clears 18 firms for oil equipment manufacturing.

The Nigerian Content Development and Monitoring Board has identified 18 indigenous firms that meet the criteria for local manufacturing of oil and gas equi

— Punch
Read the full story on Punch

Context from CEII

Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.

72.9% of electricity in Nigeria came from gas in 2024

Countries in this story

Original reporting © Punch. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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