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NipeX Registration in Nigeria

NipeX Registration in Nigeria

NipeX Registration in Nigeria: The Nigerian Petroleum Exchange (NipeX) is a Division of NAPIMS now NNPC Upstream Investment Management Services Ltd (NUIMS), a Corporate Service Unit of NNPC.

NipeX Registration in Nigeria

NipeX Registration in Nigeria

This is an electronic contracting platform with a virtual community and collaborative environment that delivers significant value to Stakeholders in the Nigerian Upstream Oil and Gas Industry. It links Buyers and Suppliers by establishing industry-wide standards for business transactions, and provides a comprehensive suite of capabilities, which includes a platform for showcasing contract opportunities.

NipeX Registration in Nigeria

The requirements needed for this  processing as developed by the operators of the Joint Qualification Process are divided  into two categories:

  1. STATUTORY
  2. NON-STATUTORY

     STATUTORY

These documents are the legally required documents, which ranges from documents, which established the legal entity of the organization, to those that shows the adherence of the organization to corporate governance codes. These documents which are listed below are expected to be provided by the organization for processing:

  • CAC CERTIFICATE
  • FORM CO2
  • FORM CO7
  • DPR CERTIFICATE (N250,000)
  • TAX CLEARANCE CERTIFICATE
  • VAT/TIN CERTIFICATE
  • FORM 2.1 (COMPANY SECRETARY)
  • ANNUAL RETURNS
  • ITF-IF
  • NSITF
  • PENCOM
  • ISPON
  • GROUP LIFE ASSURANCE
  • MEDICAL RETAINERSHIP
  • AUDITED ACCOUNT
  • OTHER GOVERNMENT AGENCY AS APPLICABLE

     NON-STATUTORY

These are internal policy documents, which are to be developed and implemented by an organization, for the day to day running activities of the organization. This documents are expected to be professionally developed, in line with the established standard. The organization has to be evaluated and examined, before these policy(s), in line with respective requirements of the laws and agencies of government are developed.

The documents under questioning are:

  • QMS DOCUMENTATIONS
  • OIL & GAS CASHES & HSE DOCUMENTATION
  • NIPEX REQUIRED COMPANY POLICIES
  • HUMAN RESOURCES AND STAFFING DOCUMENTATION
  • LOCAL CONTENT DOCUMENTATION

PROCESS:

The process of registration after the acessibility of the above mentioned documents are:

A. Online Registration

B. Desktop Audit

C. Onsite Audit

OUTPUT

In line with the revised policy of NipeX, Prequalification Notification will be issued to confirm the successful completion of the process at the point of onsite audit, as against the former issuance of Audit Certificate

Duration for this processing is between 3 to 6 months, depending on readiness and availability of JQS Assessment Auditors who are assigned through an Audit Schedule based on first come , first serve or a special request for accelerated processing at a fee.

The Statutory Fee for NipeX registration is N30,000 and N25,000 for the Renewal Fee

To know more about how to process NipeX Registration in Nigeria, kindly click to contact us  SOW Professional Services Ltd :

E-mail:        care@sowprofessional.com  

Website:     www.sowprofessional.com                                           

 Phone:        07038254989                                             

Whatsapp: 07038254989