NIGERIAN OIL AND GAS INDUSTRY CONTENT DEVELOPMENT ACT
Section 11: Minimum and specification of Nigerian content.
(1) As from the commencement of this Act, the minimum Nigerian content in any project to be executed in the Nigerian oil and gas industry shall be consistent with the level set in the Schedule to this Act.
(2) Where a project description is not specified in the schedule to this Act, the Board shall set the minimum content level for that project or project item pending the inclusion of the minimum content level for that project or project item through an amendment of the Schedule to this Act by the National Assembly.
(3) All operators, alliance partners and contractors shall comply with the minimum Nigerian content for particular project item, service or product specification set out in the schedule to this Act.
(4) Notwithstanding the provisions of subsection (1) of this section,where there is inadequate capacity to any of the targets in the Schedule to this Act, the Minister may authorize the continued importation of the relevant items and such approval by the Minister shall not exceed 3 years from the commencement of this Act.
Cite this section
Section 11, NIGERIAN OIL AND GAS INDUSTRY CONTENT DEVELOPMENT ACT (2010).
https://repo.podus.ai/laws/nigerian-oil-and-gas-industry-content-development-act/section/11/