Business
NCDMB unveils tech innovation problem for oil sector

The Nigerian Content material Growth and Monitoring Board has launched the 2025/2026 Nigerian Content material Analysis, Innovation, and Know-how Problem, calling for proposals aimed toward fixing key technological gaps within the oil and gasoline business and its linkage sectors.
In an announcement by the Basic Supervisor of Company Communications, Obinna Ezeobi, the board stated the competitors, which commenced in December 2025, is open to people, analysis establishments, academia, business suppliers, and members of the general public with modern analysis concepts.
In keeping with the NCDMB, chosen individuals will likely be admitted into its Know-how Innovation and Incubation Centre in Yenagoa, Bayelsa State, the place they may obtain mentorship and assist to develop their concepts into business options.
The board stated proposals should align with accepted thematic areas and precedence business challenges, together with geological and geophysical research, native supplies substitution, expertise growth, well being, security and environmental research, engineering, and renewable power.
It defined that improvements underneath geological and geophysical research ought to deal with exploration options, huge knowledge, and real-time logging knowledge processing, whereas native materials substitution proposals are anticipated to handle sustainable supplies for environmental remediation, cryogenic expertise for liquefied pure gasoline and refinery functions, in addition to ultra-high temperature strain cementing.
For expertise growth, the board stated it’s in search of improvements in demulsification expertise, the appliance of the Web of Issues to exploration and manufacturing, and condensate refining. Well being, security, and environment-focused proposals are anticipated to handle carbon seize, utilisation and storage, produced water administration, depollution programs, and hydrogen manufacturing strategies to boost carbon dioxide seize.
Engineering-related submissions are anticipated to deal with enhanced oil restoration, refinery unit effectivity, laboratory analytical tools, drilling expertise, and instrumentation and management programs, whereas renewable power proposals ought to cowl photo voltaic and wind applied sciences in addition to power storage programs, together with batteries, hydrogen storage, thermal storage, and molten salts, in response to the assertion.
The NCDMB stated proposals should not exceed 1,500 phrases and must be submitted inside one month of publication. Submissions are required to incorporate particulars comparable to the corporate or establishment’s identify, thematic space, title, description of the innovation, goals, workforce construction, funding mannequin, advertising plan, and threat evaluation.
On the first stage of the competitors, the board stated 30 proposals will likely be shortlisted and assigned mentors to assist the event of demos and shows. This, it added, will likely be narrowed to 10 on the second stage and at last to 5 on the ultimate day of the competitors.
“The innovators will current their enterprise pitches and demos to company enterprise capitalists to speculate, drive innovation and broaden market attain, whereas serving to rising companies develop,” the board acknowledged.
The NCDMB added that the highest 5 winners will obtain money prizes, mentorship, and media publicity, whereas the highest 10 individuals will likely be onboarded into the Know-how Innovation and Incubation Centre on the Nigerian Content material Tower for additional growth and commercialisation of their improvements.
“Prizes will likely be awarded to the highest 5 winners of the competitors within the type of money, mentorship alternatives, and media protection, whereas the highest 10 individuals will likely be onboarded into the TIIC on the Nigerian Content material Tower for steering and additional growth of their innovation to commercialisation,” the assertion added.

News1 year agoAbiodun attracts battle line: Ogun gained’t cede Ode-Omi, Makun to Lagos, Ondo
News1 year agoEngr. Sheriff Daramola Elected as fifteenth President of IFMA Nigeria Chapter
Business1 year agoMarketsquare expands with two new shops in Lagos
Business1 year agoMTN implements 50% tariff hike, raises knowledge costs
Business1 year agoMDAs should prioritise capability constructing in public service reforms – BPSR DG
Politics12 months agoYobe gov not becoming a member of coalition — Aide
Business12 months agoGTCO Shareholders Approve N8.03 Per Share Dividend Payout
Business1 year agoThe Rabiu Impact: Why Energy and Status Patronize BUA Boss














