The ongoing and planned divestments of onshore assets by some international operating oil and gas companies (IOCs) and subsequent acquisition by Nigerian operating companies must not be allowed to impact negatively on the level of compliance with the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and remittance of tax revenues to the Federal Government, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has admonished. Speaking during the breakfast meeting he had with members of the Guild of Corporate Online Publishers…
Read MoreDivestments Of Oil Assets: NCDMB Warns Against Reduction In Compliance, Tax Revenue
