Special Initiatives Shell Nigeria has a number of initiatives to increase Nigerian content and assist the development of Nigerian contractors. While the company offers opportunities, Nigerian contractors must drive the process themselves. Niger Delta Contractor Revolving Credit Facility Shell and the International Finance Corporation are jointly participating in a risk-sharing credit facility for the provision of financing in foreign currency to indigenous contractors operating in the Niger Delta. The project is a $30million revolving credit facility in which Shell, IFC and Diamond Bank participate equally in the funding and risk sharing of the facility. Nigeria Content Development Planning For the bigger value Engineering Procurement Installation Contract (EPIC) – type projects, a strategy has been adopted requiring mandatory inclusion of a Nigerian Content development plan in the tender submission of the lead contractor. Marginal Fields Programme SPDC is committed to developing local content in Nigeria’s oil and gas sector, and it does so in several ways. One of these is the level of participation in the marginal fields programme.
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