FG reserves N5billion contracts to wholly owned Nigerian companies

The Federal Government, in line with the Nigerian Content Act,2010, will now award, to only wholly owned Nigerian companies, contracts for projects within the range of N5 billion.

Against this backdrop, 15 wholly owned Nigerian companies were recently awarded the contracts for 21 Category C projects that range from N5 billion and below.

The Minister of Works, Mr Mike Onolememen, made this pledge when he received members of Nigerian Society of Engineers, NSE, led by its president, Engr.  Ademola Olorunfemi.

For More Here

 

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