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Nigeria’s annual in-country retention from oil and gas spendings currently stands at $6 billion.
The development has been described as a major achievement recorded by the country owing to the implementation of the Nigeria Oil and Gas Industry Content Development (NOGICD) Act of 2010.
The Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, disclosed this in Lagos, in a keynote address at a colloquium organised by the Nigerian Bar Association (NBA) Section on Business Law in collaboration with the NCDMB.
The session focused on the “Strides in the Pursuit of True Nigerian Content”.
Wabote, whose speech was read at the session by his representative and Director, Legal Department, NCDMB, Mr. Mohammed Umar, said since the inception of the NOGICD Act in 2010, its implementation has resulted in 35 per cent of in-country value retention compared to the less than five per cent value retention before the advent of the Act.
Monday s Daily Pulse | 5/24/2021
The first of three tax-free weeks starts Friday. Here’s what Floridians will save on
Florida consumers will save on hurricane and school supplies as well as concert tickets and outdoor gear under a $200 million bill signed by Gov. Ron DeSantis on Friday. HB 7061 includes sales tax holidays on back-to-school and hurricane preparedness items that Floridians are used to, but it also has a sales tax holiday for outdoor recreation goods and tickets to sports and cultural events. More from the Orlando Sentinel and the Miami Herald.
Once nearly extinct, the Florida panther is making a comeback
(Europe)
Greenberg Traurig was also shortlisted in three different regions based on the ration of men to women attorneys in each office at every level. According to
Euromoney, the selection is also based on the firm’s overall submissions. Greenberg Traurig is recognized in the following jurisdictions:
US – Midwest
Poland
About Greenberg Traurig’s Women’s Initiative: Greenberg Traurig is committed to its women lawyers’ success, which includes a firmwide women’s affinity group encompassing recruiting, retention, and business development. The firm regularly collaborates with like-minded organizations to address these issues on a broader scale in a variety of industries and communities. Greenberg Traurig also takes thoughtful action to address issues such as maintaining a healthy work-life balance, breaking the glass ceiling, mentoring, creating and maintaining healthy lifestyles, and giving back to the community. Twitter: @GTLawWomen
Authors: Bryce Tingle, N. Murray Edwards Chair in Business Law, University of Calgary and J. Ari Pandes, Associate Professor of Finance, University of Calgary
Stock markets in Canada and the United States are booming right now. So why do so few companies want to join them?
With the exception of a couple of bad years, the last two decades have been a great time to be a public company. Valuations are at record highs and executive compensation has more than doubled as a percentage of corporate profits. Nevertheless, fewer and fewer companies and their managers want to take advantage of these opportunities.