Local Content Implementation - Collaboration, Cooperation and Coordination

There is a need to understand clearly the requirement by the Nigerian Government for the collaboration between Nigerians and foreigners who are jointly engaged in the execution of work in the Nigerian Oil and Gas industry. The necessary framework for developing ”High-value” centers in Nigeria to serve as a business hub of activities for Africa shall be formulated through this policy is fundamental.

As a guideline for collaboration, cooperation and coordination, three key issues must be discussed and a common understanding agreed for documentation and endorsement by signatories of the collaborating bodies. This is to ensure commitment and acceptance of an undertaking with responsibilities for each party in the execution of Projects in the Nigerian Oil and Gas industry.

1. Local Content Policy
2. Nigerian Content Requirement
3. Technology Transfer (Technical Services Agreement)