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INTRODUCTION
Nigerian Content law was passed to regulate and
coordinate Local content in all Oil and Gas operations
in Nigeria.
Presentation
analyses
the
law
extensively
and
CREATION
KEY
OPERATOR
COMPLIANCE PROCESS
Submission
Establishment
of project office in
catchment areas-
office
to
have
personnel
that
can
make
decisions.
Operators to maintain an office in a community where it
has significant operations
Operators may be required to have personnel that are
indigenous to the area of operation.
Employment
Expatriate Quota-
Technology
Operators
to
Transferhave
technology
transfer
programmes.
Technology transfer plan to be submitted to the
board.
Plan to show technology transfer initiative of the
operator.
Operators may be mandated to set up factories
or production units.
Legal
services-
Financial services
BIDDING PROCESS
Operators to consider Nigerian content in the evaluation of bids.
Bids within 1% of each other at commercial stage and bids
containing the highest level of Nigerian content to be selected
Nigerian Content in the selected bid must be at least 5% higher
than its closest competitor.
Bidding for goods and services to give full and fair opportunity to
Nigerian indigenous contractors ad companies.
A Nigerian company not be disqualified on the basis of not being
the lowest financial bidder, provided the bid does not exceed the
lowest financial bid by 10%
ESSENTIAL
TIMELINES
CONCLUSION
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