Oslccf - Benefits print

We have entered into a $30 million revolving facility scheme with Shell and the International Finance Corporation (IFC), called the Oil Services Local Contractor Credit Facility Scheme (OSLCCF).

The Oil Services Local Contractor Credit Facility scheme (OSLCCF)

  • Enables qualified contractors access competitively priced medium-term US dollar financing for capital investments and working capital requirements.
  • Helps strengthen the financial capacity of indigenous contractors in the execution of contracts.
  • Enables local contractors compete more effectively with foreign contractors on certain contracts.
  • Encourages management development and capacity building.
  • Supports growth of local content in the Nigerian Oil and Gas industry.
  • nces business development and diversification in the Niger Delta area.

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