According to them, the goal to increase the average local content value in the Nigeria oil and gas industry from about 30 per cent presently to 70 per cent in 2027, would be undermined if the policy is not strictly adhered to by oil firms.
Some of the operators who do not want to be mentioned told The Guardian that the Nigerian Oil and Gas Industry Content Development Act embodies legal requirements that compel buying firms in the oil and gas industry to patronize Nigerian products and services with the objective of promoting local participation, technology transfer, and sustainable macro-economic growth.
The NOGICDA prescribes that any operator, contractor, or subcontractor that contravenes the provisions of the Nigerian content law commits an offence and will upon conviction be liable to a fine of five per cent of the project sum, or cancellation of the project. “The first bullet under Section 5.0 of the Advert states: “Tenderer shall demonstrate that entity is a Nigerian-registered company. Submit certified true copies of CAC forms 10, 02 & 07 ” which supports the fact that the advert is target at Nigerian companies and that only Nigerian companies will be considered.
A front desk officer is currently needed at NeoGroup Nig. Interested candidates should send in their resume to jobsrockviewconsulting.com.ng Remuneration: 80,000 monthly. Work Experience: 2 years minimum.
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