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By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Federal High Court sitting in Yenagoa, Bayelsa State has 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 section 104 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.

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