The Act establishing the Nigerian Content Development and Monitoring Board (NCDMB) was signed into law ex President, Dr. Goodluck Ebele Jonathan known as the NOGICD Act on 22nd April, 2010.
In compliance with Section 57 and 58 of the NOGICD Act, which mandated the Board to inaugurate the Nigerian Content Consultative Forum (NCCF). In 2014 the NCCF was inaugurated and Secretaries were appointed, drawn from the human resource of the Board to guide the meetings of the various committee meetings. Consequently, 10 Sectoral Working Groups were constituted and each Secretary assigned to a group.
OBJECTIVES OF THE NCCF
- The primary objective for setting up the NCCF is to provide a robust platform for information sharing on upcoming projects and local capabilities relating to the Nigerian Oil and Gas Industry.
- Also, the Forum is meant to serve as a “Think-Tank” for developing and articulating policies; and implementing frameworks/models that will achieve sustainable development of Nigerian content in the oil and gas industry.
Overall, ten (10) sectoral working groups were inaugurated to constitute NCCF;
The expectation of the Board is that the Forum;
- Will afford it its wealth of skills and experience in developing, monitoring, growing and sustaining Nigerian content in the Oil & Gas Industry.
- Identify industry issues related to each sector (e.g. issues related to upcoming projects, policies etc) and come up with well-defined and result-based proposals on how the Nigerian economy will harness the benefits from domiciliation of services and procurement associated with such upcoming projects.
- Prescribe definitive interventions needed to overcome issues and challenges impacting execution capacity of the local supply chain.
- Recommend policy changes needed to influence Nigerian content growth and capacity development.
- Develop practical plans/ road maps for achieving suggested interventions