Nigerian Content Development & Monitoring Board

Press Releases

NCDMB recovers $100m NCDF Remittance

The Nigerian Content Development and Monitoring Board (NCDMB) has recovered about 100million dollars of undisputed obligations from the Third-Party Forensic Audit of remittances of the Nigerian Content Development Fund (NCDF) between years 2010 to 2017. The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote revealed this recently at the Nigerian Oil and Gas Conference held …

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NCDMB boss lauds PEARL Industry, Pledges Industry Support

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has lauded Pacegate Energy and Resources Limited (PEARL) for massive investment in the nation’s oil and gas industry and pledged continuous support from the Board and other International Oil Companies (IOC’s). He made this statement recently during a recent facility …

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NCDMB, NEXIM Bank Deploy US$40m Fund for Women in Oil Sector

Qualified women entrepreneurs in the Nigerian Oil and Gas industry can now benefit from the US$40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank. The NCDMB is contributing US$20m to the pool and it will be matched by the same amount …

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NCDMB, NEXIM Bank sign deal on US$30m Working Capital Fund for Oil Firms

The Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank on Wednesday in Abuja signed a memorandum of understanding on the administration of US$30 million Working Capital Fund for oil and gas service companies. The Fund was conceived by the NCDMB to support the operations of local oil companies against the adverse …

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500 Bauchi Youths Graduate from NCDMB GSM Training  

The Nigerian Content Development and Monitoring Board (NCDMB) has successfully completed the training of 500 Bauchi State youths in GSM phone repairs, hardware, software & entrepreneurship development under its Youth Empowerment Programme. The training is the fifth in the series, having conducted similar interventions in Kano, Kaduna, Cross River and Yobe States which had impacted …

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