The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday unveiled a new digital portal aimed at automating the issuance of compliance certificates for contractors and operators in the oil and gas industry.
The inauguration took place in Warri, Delta State, during the ‘Stakeholders’ Sensitisation Programme on the Upgrade of NCDF Payment Portal.’
The event, organised in partnership with the Bank of Industry and NEXIM, also featured technical sessions and an interactive panel discussion with industry stakeholders.
Speaking at the event, the Board’s Director of Finance and Personnel Management, Mr Ossa Uchendu, represented by the Manager of Finance and Accounts, Mr Desmond Awumade, described the initiative as “a game-changer for the sector”.
He said, “It is with immense pride that we gather today for the official unveiling of the Nigerian Content Fund Compliance Certificate Portal.
“This launch is not just about technology. It is 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.”
Under the Nigerian Content Act, contractors and operators are required to remit one per cent of the value of every upstream contract into the Nigerian Content Development Fund. The compliance certificate serves as proof of remittance and a prerequisite for accessing the fund.
