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NIGERIA CONTENT STATEMENT & POLICY

 

NIGERIA CONTENT STATEMENT & POLICY

An Overview
The Nigerian Content Act takes precedence over all other existing enactments and laws pertaining to Nigerian content in the petroleum industry and defines Nigerian Content as:

‘the quantum of composite value added to or created in the Nigerian economy by a systematic development of capacity and capabilities through the deliberate utilization of Nigerian human, material resources and services in the Nigerian oil and gas industry’.

Oilfield Inspection Services will comply to all ? laws set by the Nigerian government with regards to local Content policies