Omo, make I gist una wetin dey happen for our oil and gas sector. NCDMB, wey be Nigerian Content Development and Monitoring Board, don clear say any company wey no get that one per cent Nigerian Content Development Fund Compliance Certificate go suffer for hand.
As di matter dey be now, any operator, contractor or service company wey dey play ball for upstream oil and gas sector, e go need show dem that compliance certificate before dem fit enter anywhere wey concern regulatory services, approvals or certifications. Na serious level be this o!
Felix Ogbe, di Executive Secretary of NCDMB, don talk am clearly. He say di fund wey dem dey talk na law back am, and dem go waka with am for designated accounts wey dem don confirm. No be say you go just drop am anywhere you like!
Dis Nigerian Content Development Fund no be play matter, as e dey promote our local players for oil and gas industry since 2010 under di NOGICD Act. Anytime any company dey collect any contract for upstream, dem go need drop one per cent of that contract value into di fund. E go help our local oil and gas contractors to grow and compete.
Ogbe emphasize say, “If you no remit the fund properly, your hustle no go recognized, and if you like, you fit use power or connections, e no go work.” Na because di Board get di final say for how di money dey managed.
Dem also talk say, if you wan get di compliance certificate, you gats apply through dem online portal. You go submit all your contract details, show evidence say you don pay, and complete verification before you fit get di certificate wey all companies dey rush to collect.
Dis warning don come after some companies no dey pay di levy well as dem suppose. NCDMB don don dey issue warnings and sanctions but some no dey take am serious. So, if you be operator wey wan dey operate for oil and gas, make you shine your eye and ensure say you dey follow di rules, no be say you go just dey do according to your own way!
If you no want wahala for your business, make you regularize your status quick-quick. E go save you from operational wahala wey fit come from unapproved transactions. So, na your choice o!
Do you have a news tip for NNN? Please email us at editor @ nnn.ng

