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🔗 Source: gazettes.africa
📊 Size: 1.43 MB
📄 Pages: 10 pages
⬇️ Downloads: 65

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Federal Republic of Nigeria Official Gazette No. 47, Lagos, 22nd April 2021, Vol. 168, Government Notice No. 56, publishes the Regulation for the Further Growth of Indigenous Capacity, 2021. The Nigerian Content Development and Monitoring Board (NCDMB) was established in 2010 to drive local content development in Nigeria's oil and gas industry. The Regulation sets targets for the growth of indigenous companies, ensures full utilization of indigenous capacity, and promotes employment opportunities for Nigerians. It applies to all foreign and local operators in the Nigerian oil and gas industry and prescribes sanctions for non-compliance. Key provisions include giving first consideration to Nigerian-made goods and services, setting targets for the growth of indigenous companies, and managing waivers for non-availability of local goods and services.

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Federal Republic of Nigeria Official Gazette No. 47, Lagos, 22nd April 2021, Vol. 168, Government Notice No.

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  • File Format: PDF
  • File Size: 1.43 MB
  • Pages: 10
  • Language: EN
  • Total Downloads: 65
  • Last Updated: 7 hours ago

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