Court Affirms NCDMB’s Mandate To Collect 1% Nigerian Content Development Fund Levy
LAGOS MAY 11TH (NEWSRANGERS)-The Federal High Court sitting in Yenagoa, Bayelsa State on Tuesday delivered a landmark judgment confirming the authority of the Nigerian Content Development and Monitoring Board (NCDMB) to collect the one percent Nigerian Content Development Fund (NCDF)levy from every contract awarded in the Nigerian oil and gas upstream transaction as mandated under…