The Nigerian Content Development and Monitoring Board (NCDMB) has launched a two-day sensitisation campaign aimed at educating contractors and industry stakeholders on the Nigerian Content Compliance Certificate (NCCC) system.
The NCCC system is a key regulatory framework designed to enforce Nigerian Content requirements across oil and gas operations.
Speaking during the event held in Lagos on Tuesday, Executive Secretary of the NCDMB, Mr Felix Omatsola, represented by Mr Mubarak Zubair, Acting Director of Finance and Personnel Management, explained that the campaign forms part of the Board’s broader effort to strengthen compliance, accountability, and transparency within the sector.
“The Compliance Certificate System was established to ensure that all oil and gas projects adhere strictly to Nigerian Content benchmarks,” Omatsola stated. “The introduction of this system provides operators with a clearly defined structure for compliance, while enabling the Board to reinforce its regulatory oversight.”
He stressed the importance of stakeholder awareness, noting that full cooperation and understanding from industry players is crucial to the initiative’s success.
“This programme is not just another workshop. It is a demonstration of our ongoing commitment to expanding Nigerian Content and facilitating access to funding mechanisms that empower local participation,” he added.
The campaign also addressed several major updates, including enhancements to the Nigerian Content Development Fund (NCDF) Payment Portal, revisions to the Community Contractors Finance Scheme, and new developments concerning the Nigerian Content Intervention (NCI) Fund.
According to Omatsola, the upgraded NCDF portal represents a major leap in operational efficiency. He explained that the portal now offers a streamlined user interface, easier remittance procedures, and real-time tracking of compliance submissions, all designed to manage the expected uptick in activity following the rollout of the new certificate system.
In addition, he introduced the revised Community Contractors Finance Scheme, a collaborative effort with First City Monument Bank (FCMB) and other financial partners. The revamped scheme is intended to eliminate barriers to financing and promote greater involvement from host community contractors.
“This reform aligns with our objective of fostering inclusive growth and broad-based prosperity within the oil and gas sector,” he said.
Omatsola further discussed the performance and ongoing improvements to the $400 million Nigerian Content Intervention Fund, which is jointly administered by the Bank of Industry (BoI) and NEXIM Bank. He noted that over 130 indigenous firms have already accessed the fund through various product offerings.
“Efforts are underway to widen access and ensure that more local businesses can leverage these financial opportunities,” he explained.
Encouraging participants to make the most of the event, he said, “I invite all attendees to actively engage in these sessions. Ask questions, contribute your perspectives, and benefit from the knowledge shared by our expert facilitators.”
He also recognised key institutional partners—Vascon Solutions, FCMB, NEXIM Bank, BoI, and the implementing consultants—for their continued cooperation and shared commitment to advancing Nigerian Content.
“Through this collaboration, we are creating durable systems and solutions that will serve the present and secure the future of local content in Nigeria’s oil and gas industry,” he concluded.
The sensitisation exercise drew over 200 participants from oil and gas companies operating across Lagos, Port Harcourt, Warri, Bayelsa, and other petroleum-producing regions.
