The Nigerian Content Development and Monitoring Board (NCDMB) has launched a digital portal to strengthen transparency and efficiency in the country’s oil and gas industry, as part of broader efforts to enhance Nigeria’s global competitiveness.
Unveiled on Tuesday, March 31 2026, at a stakeholders’ forum in Effurun, Delta State.
The Nigerian Content Fund Compliance Certificate (NCFCC) Portal aims to simplify compliance processes for operators required to remit one per cent of upstream contract values into the Nigerian Content Development Fund (NCDF).
The platform is expected to reduce processing times from weeks to days, enable real-time verification, and eliminate bureaucratic delays that have hindered investments.
Representing the Director of Finance and Personnel Management, Ossaowa Uchendu, Finance and Accounts Manager Desmond Awumade described the initiative as a key milestone in Nigeria’s drive for digital transformation and ease of doing business.
“This is more than a technological upgrade; it aligns with national goals for accountability and global standards in the sector,” he stated.
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Officials noted that the digitised certificate serves as an essential tool for accessing the Fund while ensuring adherence to local content obligations.
NCDMB reported that Nigerian content levels have already surpassed 60 per cent, with over $400 million disbursed to more than 130 indigenous companies.
Stakeholders at the forum also called for greater inclusion of women in the oil and gas value chain. Mohammed Awami of the Nigerian Export-Import Bank (NEXIM) highlighted a $50 million facility for the sector, including $20 million dedicated to women-owned businesses.
However, he expressed concern that less than three per cent of the Women in Oil and Gas Intervention Fund has been accessed from 77 applications received so far.
Awami urged capacity-building programs and proposed reserving at least 25 per cent of contracts for women-led enterprises to boost participation.
The Bank of Industry also announced the expansion of its joint funding with NCDMB from $200 million to $300 million, targeting areas such as asset acquisition, contract financing, refinancing, and manufacturing.
NCDMB officials, Babatunde Akhihiero, stressed the importance of continuous capacity development to sustain local content gains.
