Wetin dey happen for Naija oil industry? NCDMB don shout say all oil and gas operators, contractors, and service providers better make dem pay dia mandatory one percent (1%) levy join the Nigerian Content Development Fund (NCDF). No be play we dey talk o!
This gist come from wetin the Executive Secretary, Felix Omatsola Ogbe, talk for staff meeting wey happen for Nigerian Content Tower wey dey for Yenagoa, Bayelsa State. He talk am say dis levy dey for law under Section 104 of di Nigerian Oil and Gas Industry Content Development Act wey don dey since 2010. Na special fund wey dem create to boost local participation for di oil and gas industry, so we no fit joke with am!
Mr. Ogbe no just stop there, e go on talk say dis levy no be wetin dem go handle anyhow. Dem need to remit one percent (1%) of di value of every upstream contract straight to di accounts wey NCDMB don officially designate. If you no follow di rule, wahala go happen. Any money wey you send go another account no go count as valid payment under di law. E clear?
Di money wey dey come from di NCDF go help indigenous oil and gas contractors, training, and finance local players to grow. E fit dey like say, na jest we dey dey talk, but abeg, make everybody take am serious so dat we fit grow together. Na for our own interest e go better!
Ogbe also gree say dem wan make any company wey wan access regulatory services from NCDMB get di NCDF Compliance Certificate wey don gbe before dem fit enter any contract approval or document clearance. E be like say if you no get di certificate, na so your access go dey blocked. Na im make am very important to avoid operational delays, my people!
Di compliance certificate dey fully online and all companies need to go NCDMB portal upload all necessary documents and evidence of di sector payments. Dem dey encourage every company to start di process quickly so dem no go fall behind di race. Na wetin we all go benefit from be dis level of transparency and accountability di certificate dey promise.
As dem dey remind everybody about dis matter, e dey clear say NCDMB dey serious about improving Nigerian content for di oil and gas space. So, if you dey operate for dis sector, e go betta if you comply o, Abeg! Make una no join di group wey dey chop slap from regulatory bodies because dem no go fit tolerate nonsense again.
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