Every feature designed to eliminate corruption and ensure regulatory compliance
Simple, transparent workflow from contract creation to payment disbursement
Oil company operators create contracts with vendors, specifying scope, value, and timeline.
Operator initiates payment with gross amount. System automatically calculates VAT, WHT, and NCDMB levy per Nigerian regulations.
NCDMB administrators review payment details, verify calculations, and approve or reject transactions.
Every action is cryptographically logged in a blockchain-style audit trail, ensuring transparency and preventing tampering.