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NLNG risks N1b fine for local content infringement

NLNG risks N1b fine for local content infringement

The Nigeria Liquefied Natural Gas Limited (NLNG) may incur a fine of about N1 billion for failure to comply with the Nigerian Local Content Policy. A Niger Delta- based company, Macobarb International Ltd, while disclosing disclosed this on Tuesday, alleging the NLNG had maliciously and fraudulently terminated its contract. Macobarb’s Managing Director, Mr. Ogboru Shedrack, […] …

Local Content: Senate, Reps Committees endorse $48m plant

THE Senate and House of Representatives Committees on Local Content have endorsed the $48 million pipe coating plant of Solewant Group as a model in Nigeria, under the Nigerian Content Oil and Gas Industry Content Development (NOGICD) Act.
Continue reading Local Content: Senate, Reps Committees endorse $48m plant at Vanguard News Nigeria. …

Local content, local troubles: How big firms kill small businesses

Amosun promises Ogun civil servants improved welfare

MOSES, not his real name, is a supplier to two major fabrication and logistics yards in Lagos (names withheld). He said he supplies varied items, ranging from petroleum products to personnel to these companies. However, Moses, who does not want his real name in print, for fear that the companies might blacklist him in the future, is currently broke, does not have a dime in his account and is surviving from the support of his wife and his in-laws, as well as from the goodwill of his friends.
Continue reading Local content, local troubles: How big firms kill small businesses at Vanguard News Nigeria. …

Local Content: Govt refuses expatriate engineers visas

Local Content: Govt refuses expatriate engineers visas

THE Federal Government has  stopped the issuance of visas to foreigners seeking to take up jobs in the country. President Muhammadu Buhari made this known at the 27th Engineering Assembly of the Council for the Regulation of Engineering in Nigeria (COREN), held in Abuja. The President explained that the visa restriction to foreign engineers, enforcedRead More
The post Local Content: Govt refuses expatriate engineers visas appeared first on The Nation Nigeria. …

Government increasing local content through technology transfer

Government increasing local content through technology transfer

The government, institutions and other stakehoolders have come together to encourage the use to indigenous technology to develop the economy. IFE OGUNFUWA examines the outcome of this collaboration Human and material resources are crucial to the survival of any business but in Nigeria where these resources are of poor quality or unavailable, many companies spend […] …

Senate says Nigeria should deport ‘illegal immigrant’ Samsung MD

Senate says Nigeria should deport ‘illegal immigrant’ Samsung MD

The senate has ordered that the Nigeria Immigration Service (NIS), deport Young Ho Jo, managing director (MD) of Samsung Nigeria Limited, for allegedly coming into the country without proper documentation. The post Senate says Nigeria should deport ‘illegal immigrant’ Samsung MD appeared first on TheCable.

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