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NIGERIAN CONTENT DEVELOPMENT AND MONITORING BOARD (NCDMB)
The FG has approved and gazette 7 Nigerian Content Ministerial Regulations, making them subsidiary legislations.
NCDMB boss has revealed that the Nigerian Oil and Gas Park at Emeyal 1 in Bayelsa, would be completed in the 4th quarter of 2022.
The fund is to boost indigenous participation in the oil and gas sector in order to grow local content.
The indigenous oil firms have accessed 90% of the $200 million Nigerian Content Intervention Fund set aside by the NCDMB.