| Oslccf - Who Qualifies |
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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).An Indigenous Contractor company duly incorporated in Nigeria, operating in the Niger Delta Area, and at least 30% of whose membership and workforce are drawn from Member States of the Niger Delta Development Commission (NDDC) as defined in the NDDC Act. To qualify for the facility, a registered contractor with SPDC:
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