NCDMB Launches Nigerian Content Fund Compliance Certificate Portal.
Nigerian Content Development and Monitoring Board (NCDMB) has unveiled Nigeria Content Fund Compliance Certificate Portal.
The portal was unveiled Tuesday at, “The Monarchy Epic Arena,” Effurun Sapele Warri Road during a stakeholders’ sensitisation programme on the upgrade of BCDF payment portal.
The sensitisation programme organised by NCDMB, was in partnership with the Bank of Industry (BoI) and Nigerian Export-Import Bank (NEXIM)
The Director of Finance and Personnel Management of NCDMB, Mr. Ossa Uchendu, who was represented by Manager, Finance and Account, Desmond Awumade said, the unveiling of the portal was a bold step towards efficiency, transparency, and global competitiveness in Nigeria’s oil and gas industry.
According to him, the unveiling was not just about technology, but about aligning with the national vision for ease of doing business, digital transformation, and accountability, as reinforced by recent Executive Orders of the federal government.
“The Nigerian Content Fund Compliance Certificate is a vital requirement in our industry. By law, contractors and operators must remit one percent of the value of every upstream contract into the Nigerian Content Development Fund,” he stated.