MEQuest
Module 7 of 8 45 min · 4 units

Nigerian Content Development

For decades, the vast majority of contracts, equipment, and skilled labour in Nigeria's oil and gas industry were sourced from abroad - despite the country being Africa's largest petroleum producer. The Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010 set out to reverse this pattern by mandating minimum levels of Nigerian participation across all segments of the value chain. This module explores the Act's provisions, the role of the Nigerian Content Development and Monitoring Board (NCDMB), local participation requirements, and the capacity-building initiatives that are transforming Nigeria's petroleum workforce and industrial base.

2010

NOGICD Act Signed

NCDMB

Established 2010

5% to 40%+

Content Growth

NCIF

via Bank of Industry

Learning objectives

After completing this module, you'll be able to:

  • Describe the legislative purpose, key provisions, and enforcement mechanisms of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010.
  • Explain the role, structure, and regulatory powers of the Nigerian Content Development and Monitoring Board (NCDMB) in monitoring and enforcing local content compliance.
  • Analyse the minimum Nigerian participation thresholds across different activity categories and the first consideration and exclusive consideration principles for Nigerian companies.
  • Evaluate the effectiveness of capacity-building programmes, the Nigerian Content Intervention Fund, and in-country fabrication requirements in developing indigenous technical capabilities.

Sources & Further Reading

  • NCDMB, "Nigerian Content Development and Monitoring Board". ncdmb.gov.ng
  • Federal Republic of Nigeria, "Nigerian Oil and Gas Industry Content Development Act 2010"
  • NCDMB, "Nigerian Content 10-Year Scorecard", 2020
  • Hogan Lovells, "A Guide to Nigerian Content Requirements in the Oil and Gas Industry", 2019