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NIGERIAN OIL AND GAS INDUSTRY CONTENT DEVELOPMENT ACT

Section 50: Approval for offshore Insurance

2010Section 50 of 107•Federal Republic of Nigeria

No insurance risk in the Nigerian oil and gas industry shall be placed offshore without the written approval of the National Insurance Commission which shall ensure that Nigerian local capacity has been fully exhausted.

Cite this section

Section 50, NIGERIAN OIL AND GAS INDUSTRY CONTENT DEVELOPMENT ACT (2010).

https://repo.podus.ai/laws/nigerian-oil-and-gas-industry-content-development-act/section/50/