The Nigerian Content Development and Monitoring Board (NCDMB) was established by the Nigerian Oil and Gas Industry Content Development (NOGICD) Act which came into effect on April 22, 2010.

The NOGIC JQS was created in line with section 55 of the NOGIC Act which states that the Board shall establish, maintain and operate a joint qualification system (JQS) in consultation with industry stakeholders which shall be administered in accordance with provisions set out in the regulations to be made by the Minister in accordance with the provisions of this Act.

KEY THRUSTS OF THE NOGICD ACT OF 2010

Integrate oil producing communities into the oil and gas value chain.
Foster institutional collaboration.
Maximize participation of Nigerians in oil and gas activities.
Link oil and gas sector to other sectors of the economy.
Maximize utilization of Nigerian resources i.e. goods, services and assets.
Attract investments to the Nigeria oil and gas sector (service providers, equipment suppliers etc).

FUNCTIONS OF THE BOARD INCLUDE:

To review, assess and approve Nigerian Content plans developed by operators
To set guidelines and minimum content levels for project related activities across the oil and gas value chain.
To engage in targeted capacity building interventions that would deepen indigenous capabilities- Human Capital Development, Infrastructure & Facilities, Manufactured Materials & Local Supplier Development.
To grow and manage the Nigerian Content Development Fund
To establish, maintain and operate the Joint Qualification System (NOGICJQS) in conjunction with industry stakeholders.
To monitor Nigerian Content Compliance by operators and service providers. This will be in terms of cumulative spending, employment creation and sources of local goods, services and materials utilized on projects and operations.
To award Certificate of Authorization for projects that complies with Nigerian Content provisions.
To conduct studies, research, investigation, workshops and trainings aimed at advancing the development of Nigerian Content.

NCDMB House,
Isaac Boro Expressway,
By Opolo Roundabout, Opolo
Yenagoa, Bayelsa State