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Tag Archives: Local Content

Remittance of 1% Nigerian content levy still mandatory, says NCDMB

The Nigerian Content Development and Monitoring Board (NCDMB) has reminded operators, contractors and service companies in Nigeria’s upstream oil and gas sector of their statutory obligation to remit one per cent Nigerian Content Development Fund (NCDF) levy into bank accounts officially designated by the Board.   In a statement, Executive …

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Nestoil @30:Leveraging Nestoil’s SBUs to grow economy and attain industry leadership

Nestoil success stories cannot be discussed in a vacuum as the degree is predicated on the specialised services executed by its various Strategic Business Units (SBUs). Ajose Sehindemi examines how the SBUs have impacted the country’s economy.   That the Nestoil group is now a household name in the oil …

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