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The Nigerian Oil & Gas Industry Content Act was signed into law on the 22nd April 2010. The Act provides for the development of Nigerian Content in the Nigerian oil & gas industry, it also provides for Nigerian content plan, supervision, coordination, monitoring and implementation of Nigerian content.
The Nigerian Content Development and Monitoring Board (NCDMB) was set up to undertake effective monitoring and implementation of the provisions of the Nigerian Oil and Gas Industry Content Development Act. The Board’s governing council is headed by the Minister of Petroleum Resources currently Mrs. Deziani-Alison Madueke and its first Executive Secretary, Engr. Ernest Nwapa. The Board’s Head Office is at Revenue House, Lambert Eradiri Road, Onopa, Yenagoa, Bayelsa, State.
In support of the Nigerian Content Development Policy of the Federal Government of Nigeria in the oil and gas industry, Intels Nigeria limited is committed to maximizing in a sustainable manner the use of Nigerian human resources, materials, equipment and services in its operations without compromising the company’s values, quality, health, and safety and environment standards. In other to contribute to the development of Nigeria’s industrial capabilities and competencies and supporting the nation’s economy, Intels shall seek to maximize the participation of Nigerian businesses and local contractors in its operations in compliance with the Nigerian Oil & Gas Industry Content Development Act, 2010.
Intels shall take all reasonable measures to meet requisite Nigerian Content levels. As a Contractor, Intels shall implement the job Owner’s approved Nigerian Content Plan without compromising the intent of achieving the best overall value for the Project in terms of price, quality, efficiency, delivery and operating parameters.
Consequently, Intels Nigeria Ltd, through its operations at the Onne Oil and Gas Free Zone, Warri and Calabar, has created an environment that allow for the maximization of local content and employment by providing the facilities and strategic location to enhance the development of Nigerian skilled labour and enterprise.
Intels has remained a sustained supporter, and have been robustly behind the growth of the Onne Oil and Gas Free Zone variously described as the largest and fastest growing Free trade zone in the world.
Besides the enviable levels of investments made, Intels has made great efforts in encouraging Foreign Direct Investment into Nigeria and the Onne Oil and Gas Free Zone, attracting the industries’ leading companies, as well as indigenous ones to the Free Zone to take advantage of the world class facilities on offer and the generous incentives and benefits.
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