Nigerian Content Development and Monitoring Board

An Act establishes the Nigerian Content Development and Monitoring Board to implement and enforce local content requirements in the oil and gas industry. It targets oil companies, service providers, and Nigerian professionals and businesses. This increases local participation and builds capacity in the sector.

What Is This Policy?

The regulatory body established under the Nigerian Content Act to implement, monitor, and enforce local content requirements in the Nigerian oil and gas industry, ensuring that Nigerian companies, workers, and materials are prioritized in petroleum operations.

Who Does It Target?

Oil and gas operating companies (IOCs and indigenous operators) Service companies and contractors in the petroleum sector Nigerian professionals and businesses in the oil and gas value chain Training institutions serving the petroleum sector

What Does It Aim to Achieve?

Increase Nigerian participation in the oil and gas industry value chain by enforcing local content requirements, building local capacity, and creating opportunities for Nigerian businesses and professionals.

Key Features

Nigerian Content Plans: All oil and gas projects must submit detailed plans showing how they will achieve local content targets First Consideration: Nigerian companies must be given first consideration for contracts and services Workforce Development: Mandatory employment and training of Nigerian personnel Technology Transfer: Requirements for transferring knowledge and capabilities to Nigerian entities Content Fund: 1% contribution from all contracts to the Nigerian Content Development Fund for capacity building

Current Status

Rollout Stage: Fully operational since 2010 Coverage: All oil and gas activities in Nigeria Lead Agency: Nigerian Content Development and Monitoring Board (NCDMB) Funding: 1% Nigerian Content Development Fund levy on all oil and gas contracts

How to Access

Companies in the oil and gas sector must engage with the NCDMB for project approvals. Submit Nigerian Content Plans to the NCDMB before project commencement Register on the Nigerian Content Joint Qualification System (NOGIC-JQS) Comply with local content requirements in contracting, staffing, and procurement

Official Resources

Website: ncdmb.gov.ng Contact: NCDMB Headquarters, Yenagoa, Bayelsa State

Legal Framework

The Nigerian Content Development and Monitoring Board (NCDMB) derives its authority from the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010. It operates alongside the Petroleum Industry Act 2021, the Public Procurement Act 2007, and the Companies and Allied Matters Act 2020. The Board aligns with the African Union's vision on beneficiation, the ECOWAS guidelines on local content in extractive industries, and the UN Conference on Trade and Development (UNCTAD) policy guidelines on local content in the oil and gas sector.