Securing a NIPEX JQS (Nigerian Petroleum Exchange Joint Qualification System) license is crucial for any company looking to tap into the abundant contract opportunities in Nigeria’s oil and gas sector.
This article provides an in-depth overview of the costs, requirements, and steps involved in obtaining and maintaining a NIPEX JQS license.
What is NIPEX?
NIPEX is a virtual platform created to facilitate collaboration between buyers and suppliers in the upstream oil and gas industry.
By fostering professionalism and ensuring the delivery of value, NIPEX enhances contract opportunities for all stakeholders involved.
Benefits of NIPEX Registration
- Access to Contract Opportunities: Registering with NIPEX gives suppliers access to a wide range of tenders and contracts from major players in the oil and gas sector.
- Increased Visibility: Being listed on the NIPEX database increases a company’s visibility to potential clients and partners.
- Professional Recognition: NIPEX registration is a mark of professionalism and compliance with industry standards.
Requirements for NIPEX JQS Registration
Before registering on the NIPEX platform, companies must meet the following statutory requirements:
- CAC Certificate
- Form CO2(Return of Allotment)
- Form CO7(Particulars of Directors)
- NUPRC Certificate(formerly DPR Certificate)
- Tax Clearance Certificate
- VAT/TIN Certificate
- Form 2.1(Company Secretary Details)
- Updated Annual Returns
- ITF Certificate(Industrial Training Fund)
- NSITF Certificate(Nigeria Social Insurance Trust Fund)
- PENCOM Certificate(National Pension Commission)
- ISPON Certificate(Institute of Safety Professionals of Nigeria)
- Group Life Assurance
- Medical Retainership
- Audited Accounts
Cost of NIPEX JQS Registration
Summary of Costs
| Supplier Type | Registration Fee | Annual Renewal Fee |
| Standard Suppliers | ₦25,000 or $200 | ₦20,000 |
| Essential Services Suppliers | No Fee | No Fee |
Registration Process for Standard Suppliers
- Download the NIPEX JQS Application Form
- Complete the Application Form
- Make Payment: Pay $200 or ₦25,000 to NIPEX bank accounts at GT Bank or UBA Plc. Payment details can be found on the application form.
- Submit the Form and Deposit Slip: Send the completed form and original deposit slip to the NIPEX office.
- Receive User ID and Password: NIPEX will email a User ID and Password to access the pre-qualification questionnaire.
- Complete the Pre-qualification Questionnaire: Fill out the questionnaire online and submit hard copies of supporting documents to the NIPEX JQS Team.
- Quality Check: NIPEX will verify the accuracy of the questionnaire and request amendments if necessary.
- Database Upload: NIPEX uploads the information to the JQS database and confirms publication.
- Industry Audit: An on-site verification by an Industry Audit Team completes the pre-qualification process.
Registration Process for Essential Services Suppliers
- Download the NNPC Essential Services Application Form
- Submit the Completed Form: Submit the form in person or via courier to the NIPEX office.
- Receive Log-in Details: NIPEX will provide log-in details via email.
- Complete the Pre-qualification Questionnaire: Access, complete, and submit the questionnaire online.
- Quality Check: NIPEX will verify the accuracy of the submitted questionnaire.
- Database Upload: Information is uploaded to the NJQS database.
New Registration Process
- Log on to the NIPEX Website: Visit www.nipex-ng.com and navigate to ‘NJQS Registration’.
- Complete the Registration Form: Fill out and submit the form.
- Make Payment: Follow the instructions for offline or online payment, or provide proof of prior payment.
- Provide Additional Company Details: Complete additional required details.
- Upload Mandatory Documents: Ensure all documents are in PDF or JPEG format.
- Quality Check: NIPEX will review documents for completeness.
- Receive Confirmation: Upon successful document upload, receive log-in details to access the full registration questionnaire.
- Complete and Submit the Questionnaire: Ensure accuracy and completeness before submission.
- Desktop and On-site Audits: Undergo a desktop audit followed by an on-site audit upon successful completion.
Payment Process
Steps to Pay Through Remita:
- Visit www.remita.net
- Click on “Pay a Federal Government Agency”
- Enter MDA Name: National Petroleum Investment Management Services
- Select Service/Purpose: National Petroleum Investment Management Services Fees
- Describe the Payment: Indicate the specific fee (e.g., NJQS Registration fee ₦25,000)
- Provide Company Details: Enter your company name, email, and phone number.
- Complete the Payment: Follow the instructions to generate an RRR code and make payment at the bank.
Conclusion
Obtaining and maintaining a NIPEX JQS license is essential for any company looking to succeed in Nigeria’s oil and gas industry.
By following the outlined steps and ensuring compliance with statutory requirements, companies can leverage the opportunities provided by NIPEX to enhance their business operations.
