Nigerian Council for Management Development Act 2022 (Amended)

What Is This Policy?

The Nigerian Council for Management Development (NCMD) Act 2022 establishes the NCMD as the apex statutory body for stimulating, promoting, and coordinating management education, training, and development in Nigeria, with the Centre for Management Development (CMD) as its operational arm responsible for delivering management advisory services, research, and executive education.

Who Does It Target?

Senior and mid-level managers in both public and private sector organisations across all industries Management training institutions, business schools, and executive education providers seeking coordination and standards Federal and state government agencies requiring management capacity building for their personnel Nigerian enterprises seeking management advisory and consultancy services from a credible public institution

What Does It Aim to Achieve?

Advise the Federal Government on policies, plans, and programmes for enhancing the quality and utilisation of managerial talent across all sectors of the economy Formulate national standards and guidelines for coordinating management education and training to eliminate wasteful duplication of programmes Develop and promote high national standards for management education through accreditation of training institutions and certification of managers Build Nigeria's management talent base to global standards, enabling organisations to compete effectively in the knowledge economy

Key Features

NCMD as Policy Council: The Council advises the Minister responsible for National Planning on management manpower policies; sets standards; and coordinates the management training ecosystem nationally CMD as Operational Arm: The Centre for Management Development provides management advisory services, maintains a management library, publishes research, and conducts professional development programmes Examination and Certification: NCMD conducts examinations and grants certificates in management to persons completing approved courses, providing Nigeria with a national management qualification framework Institution Register: NCMD maintains a register of approved management training institutions and has power to require institutions to furnish information for monitoring purposes Policy Laboratory Role: The Act charges NCMD with acting as a policy laboratory for developing and promoting specialised skills needed for the efficient planning and management of the Nigerian economy International Collaboration: NCMD collaborates with management training institutions within and outside Nigeria to maintain alignment with international management development standards

Current Status

The Nigerian Council for Management Development Act 2022 is in force, establishing the NCMD as the apex body for management education and development in Nigeria.

Legal Framework

The Nigerian Council for Management Development Act 2022 establishes the NCMD under an Act of the National Assembly. It operates alongside the National Office for Technology Acquisition and Promotion Act, the Industrial Training Fund Act 2011, and the National Universities Commission Act. The Act derives constitutional authority from the Federal Government's exclusive legislative power over professional and management education standards.