The Nigeria Content Development and Management Board (NCDMB) has said that its new portal, Nigerian Content Fund Compliance Certificate Portal, would ensure efficiency, transparency, and global competitiveness in Nigeria’s oil and gas industry.

Speaking at the unveiling of the digital platform in Warri, Delta State, to stakeholders, NCDMB’s Director, Finance and Personnel Management, Ossa Uchendu, said the new portal 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.

Uchendu, who was represented by the Manager, Finance and Accounts, Desmond Awumade, said the Nigerian Content Fund Compliance Certificate is a vital requirement in the industry, stressing that by law, contractors and operators must remit one per cent of the value of every upstream contract into the Nigerian Content Development Fund.

He stressed that the certificate, which is proof of compliance, unlocks access to the fund and assurance that obligations are being met in line with national development goals.

He disclosed that by digitising the process, the portal enhances access to the fund, noting that companies that meet obligations can now obtain certificates quickly, unlock financing opportunities without delay, and channel resources into projects that create jobs, build capacity, and strengthen Nigeria’s oil and gas value chain.

Uchendu said,  “Over the years, the fund has been transformative. Nigerian content has risen to over 60 per cent, meaning more value, jobs, and expertise now reside within our country. More than $400 million has supported over 130 indigenous companies, addressing the critical challenge of access to finance. Strategic initiatives like Project 100 have strengthened local capacity, while innovative financing tools, including a $100 million equity investment scheme, ensure sustainability.