The Nigerian Content Development and Monitoring Board (NCDMB) was established in 2010 by the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. NCDMB is vested with the mandate to make procedures that will guide, monitor, coordinate and implement the provisions of the NOGICD Act signed into law on April 22, 2010.
Key functions of the Board include:
- To review, assess and approve Nigerian Content plans developed by operators.
- To set guidelines and minimum content levels for project related activities across the oil and gas value chain.
- To engage in targeted capacity building interventions that would deepen indigenous capabilities – Human Capital Development, Infrastructure & Facilities, Manufactured Materials & Local Supplier Development.
- To grow and manage the Nigerian Content Development Fund.
- To establish, maintain and operate the Joint Qualification System (NOGICJQS) in conjunction with industry stakeholders.
- To monitor Nigerian Content Compliance by operators and service providers. This will be in terms of cumulative spending, employment creation and sources of local goods, service and materials utilized on projects and operations.
- To award Certificate of Authorization for projects that complies with Nigerian Content provisions.
- To conduct studies, research, investigation, workshops and trainings aimed at advancing the development of Nigerian Content.
Brief History of NCDMB The foundation for NCDMB was laid in 2001 when former President Olusegun Obasanjo inaugurated the Presidential Committee on Local Content in the Oil and Gas Industry. He mandated the Nigerian National Petroleum Corporation (NNPC) to drive the policy and set certain targets.
In its efforts to implement the policy, the national oil company set up the Nigerian Content Division within its system and issued some Nigerian Content directives to industry stakeholders.
Since there was no force of law behind the Nigerian Content directives, operators of the industry found it convenient to comply on best endeavour basis.
This situation provided the impetus for the Ministry of Petroleum Resources, NNPC and other industry stakeholders to work closely with the National Assembly to develop the Nigerian Oil and Gas Industry Content Development (NOGICD) Bill.
Key Thrusts of the NOGICD Act of 2010
- Integrate oil producing communities into the oil and gas value chain.
- Foster institutional collaboration.
- Maximize participation of Nigerians in oil and gas activities.
- Link oil and gas sector to other sectors of the economy.
- Maximize utilization of Nigerian resources i.e. goods, services and assets.
- Attract investments to the Nigeria oil and gas sector (service providers, equipment suppliers etc)
Vision: To be the catalyst for the industrialization of the Nigerian Oil and Gas Industry and its linkage sectors.
Mission: To promote the development and utilization of in-country capacities for the industrialization of Nigeria through the effective implementation of the Nigerian Content Act.
Core Values
- Patriotism
- Passion
- Professionalism
- Integrity
- Creativity and
- Team Spirit.
Key Functions
- To review, assess and approve Nigerian Content plans developed by operators.
- To set guidelines and minimum content levels for project related activities across the oil and gas value chain.
- To engage in targeted capacity building interventions that would deepen indigenous capabilities- Human Capital Development, Infrastructure & Facilities, Manufactured Materials & Local Supplier Development.
- To grow and manage the Nigerian Content Development Fund.
- To establish, maintain and operate the Joint Qualification System (NOGICJQS) in conjunction with industry stakeholders.
- To monitor Nigerian Content Compliance by operators and service providers. This will be in terms of cumulative spending, employment creation and sources of local goods, services and materials utilized on projects and operations.
- To award Certificate of Authorization for projects that complies with Nigerian Content provisions.
- To conduct studies, research, investigation, workshops and trainings aimed at advancing the development of Nigerian Content.
For more info, visit www.ncdmb.gov.ng
