Nigerian Content Development Board payment is the mandatory collection of 1% statutory deduction from any contract awarded to any operator, contractors, sub-contractors, alliance partners or any other entity in any project operation activity in any transactions in the upstream sector of the Industry.
NDDC Levy
Niger Delta Development Commission levy is collection of 3% of annual budget of upstream companies and the tackling of ecological problems which arise from exploration of oil
Rentals
License Fees and Concession Rentals
Total revenue from Crude Oil & Gas Sales
This comprises of the sale of Federation Equity & Profit oil, Domestic crude sales, Gas sales & Feedstock sales
Total flows to Federation
This represents the total revenue flow to the federation
Total financial flows from the Oil & Gas sector
This represents the total revenue from all sources in the Oil & Gas sector and other sub-national entities.
Federation Export
This represents the crude that is sold internationally
Domestic Crude/Refining/Sales
This represents Crude that is allocated for domestic use.
Total Federation Entitlement
This represents the total entitlement to the federation based on the respective contractual agreement.
.