The Nigerian Content Development and Monitoring Board (NCDMB) has officially unveils the Nigerian Content Fund Compliance Certificate (NCFCC) Portal.
Mr Ossa Uchendu, the Director, Finance and Personnel Management of NCDMB, unveiled the Portal on Tuesday in Effurun, Uvwie Local Government Area of Delta.
The director was represented at the event by Mr Desmond Awumade, Manager, Finance and Account of the Board.
themomentng reports that the event was tagged, “Stakeholders’ Sensitisation Programme on the Upgrade of the Nigerian Content Development Fund Payment Portal”.
Uchendu said that the newly inaugurated portal aligned with the national vision for the ease of doing business, noting that the fund compliance certificate was a vital requirement in the industry.
He said that contractors and operators must remit one per cent of the value of every upstream contract into the Nigerian Content Development Fund in line with the law.
“This portal is more than a digital tool. It is a commitment to innovation, accountability, and continuous improvement.
“It reflects the forward-thinking approach of the Nigerian Content Development
“The launch is not just about technology. It is about aligning with the national vision for ease of doing business, digital transformation, and accountability.
“However, as progress expands, our systems must evolve,” he said.
The director said that the confirmation of compliance in the past was handled manually, leading to unnecessary delay and time wasting.
“This slowed project approvals, created uncertainty and limited transparency for regulators and investors,” he said.
Uchendu said that the platform would allowed online applications without physical visits or paperwork, cut certificate processing time from weeks to days and among others.
“For operators and contractors, this means faster access to funding for regulators, it ensures stronger oversight and better data.
“For investors, it builds confidence, and for Nigeria, it delivers a more efficient system that ensures the Fund continues to drive measurable impact,” he said.
He encouraged all stakeholders to embrace the platform, noting that its success depended not just on its design, but on our collective adoption and engagement.
In his presentation, Mr Gabriel Yemidale said that the NCDMB programme underscored the growing impact of the Nigerian Content Intervention Fund (NCIF) in strengthening indigenous participation in the oil and gas sector.
Yemidale, who is the Group Head, Oil and Gas Group of the Bank of Industry (BOI) said that the fund was established following a strategic partnership initiated in 2016.
“The core objective of the fund is to deepen local participation, build capacity, and promote the development of Nigerian Content in the Oil and Gas industry.
“It also seeks to address longstanding funding challenges faced by indigenous service providers by offering low-interest financing options,” he said.
Several questions raised by the participants were promptly responded to by the Board’s management.
The ceremony was attended by participants drawn from Edo and Delta.
