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Tag Archives: Oil and Gas

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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Buhari names Self as Petroleum Minister

President Muhammadu Buhari on Tuesday named himself as Nigeria’s petroleum minister.   Buhari said he would personally head the Ministry of Petroleum Resources in the new cabinet,although there would be a Minister of State for Petroleum Buhari Addressing some select reporters in New York on Tuesday, after addressing a Global Leaders’ …

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