How to register with NiPex / NNPC Registration as a new vendor. This include Requirements, cost of registration, NipeX processes/ steps and idea time frame.
NipeX (Nigerian Petroleum Exchange) is an electronic one-stop transaction centre that improves on value procurement in the oil and gas industry and institutionalize world-class contracting processes in Nigeria. The Nigerian Petroleum Exchange (NipeX) is a Division of NAPIMS, a Corporate Service Unit of NNPC.
NiPex Registration Steps & Requirements
As A New Vendor to NiPex Registration, the Registration steps are as follows:
- Register at NiPex website www.nipex-ng.com
- Make payment of N25,000.
Read: Local Content Registration/ NOGIC – JQS Registration
Registration Steps
- Upload your receipt of payment online.
- On receiving these documents and confirming payment of the registration fee, NipeX will send (via the e-mail address provided on the form) login details & guidelines to enable access and completion of the pre-qualification questionnaire
- Send scanned copies of the following statutory documents possibly pdf file and upload through the link sent to you by Nipex Nigeria.
- Certificate of Incorporation with CAC
- Form CO2 – Allotment of shares
- Form CO7- List of Directors
- Valid Department of Petroleum Resources (DPR) Permit(s) (not less than N25,000)
- 3 years current Company Tax Clearance Certificate
- VAT Certificate
- PENCOM Certificate (where applicable)
- Bank Reference letter from your bank
- Current ITF Registration certificate
6. NipeX verifies the questionnaire for accuracy and notifies the Vendor of any amendment where necessary
Read: DPR Permits, Requirements, Guideline & Cost
7. Desktop Audit where there is no amendment in step 6,
8. Physical Audit/ Inspection in your company’s office and Workshop/ Yard.
After the physical audit, there could be audit close-out, where there is no issue(s) to close out, NipeX will write a report and you will be Pre-Qualify to bit in all NipeX contracts.
Note: The maximum audit close-out report period is 90 days.