NCDMB insists 1% levy payment mandatory for all approvals nationwide

The Nigerian Content Development and Monitoring Board has restated that oil and gas operators, contractors, and service providers in Nigeria’s upstream sector must continue to remit the statutory one percent Nigerian Content Development Fund levy, stressing that compliance is not optional. In a statement released on Wednesday, the Executive Secretary, Felix Omatsola Ogbe, said the […] The post NCDMB insists 1% levy payment mandatory for all approvals nationwide appeared first on ThePointNG.

  News   Feb 18, 2026   0   27  Add to Reading List
NCDMB insists 1% levy payment mandatory for all approvals nationwide

The Nigerian Content Development and Monitoring Board has restated that oil and gas operators, contractors, and service providers in Nigeria’s upstream sector must continue to remit the statutory one percent Nigerian Content Development Fund levy, stressing that compliance is not optional. In a statement released on Wednesday, the Executive Secretary, Felix Omatsola Ogbe, said the […]

The post NCDMB insists 1% levy payment mandatory for all approvals nationwide appeared first on ThePointNG.

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