The Nigerian Content Development and Monitoring Board (NCDMB) has recovered about 100million dollars of undisputed obligations from the Third-Party Forensic Audit of remittances of the Nigerian Content Development Fund (NCDF) between years 2010 to 2017. The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote revealed this recently at the Nigerian Oil and Gas Conference held in Abuja. Section 104 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act stipulates the deduction of one percent of the value of contracts awarded in the upstream sector of the oil and…
Read MoreNCDMB recovers $100m NCDF Remittance
