THE PUBLIC SPHERE with Chido Nwakanma
Firms and individuals seeking to do business with Ministries Departments and Agencies of the Federal Government must scale a high barrier. The Government requires that they secure a “certificate of compliance” from no fewer than seven government agencies. Without those certificates, they cannot offer services.
The mandatories are CAC certificate of business registration, registration with the Federal Inland Revenue Service for VAT, withholding tax and corporate tax and registration and payments with the Nigerian Social Insurance Trust Fund. The firm or consultant should also have three years’ tax clearance certificate, PENCOM registration certifying a minimum of three staff and pension payment for those minimum three staff for at least three years at a minimum of N180, 000 per head.
$2 6bn contract: Reps fault plan to invite 50 expatriates
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Reps grill NAFDAC over N1 2bn NYSC members allowance, N5 2bn recurrent
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$2.6bn AKK pipeline project: Reps query NNPC, contractors, summon BPP
On
…frown at use of Chinese coy over Nigerian firm
…as firm vows to petition Buhari
By Levinus Nwabughiogu
House of Representatives Tuesday queried the Nigerian National Petroleum Corporation NNPC over the alleged exclusion of Bablinks Resource Ltd, a Nigerian firm in the construction contract of the 40’’× 318.6km BVS12 Kaduna-Kano section or Segment 2 of the Ajaokuta-Kaduna-Kano.
Acting on a petition by Local Content Advocacy and Management Group, alleging that contractors in the consortium the bid for the project had been changed by the authorities, the House Committee on Local Content which met with some contractors over the matter said it was interested in the implementation of the local contents in the project.