The Nigerian Content Development and Monitoring Board (NCDMB) was established by the president, Dr. Goodluck Ebele Jonathan following the signing into law of the NC act on 22nd April, 2010.
Some of the responsibilities saddled on the board include but not limited to:
- Increase indigenous participation in the oil and gas industry,
- Build local capacity and competencies,
- Create linkages to other sectors of the national economy and
- Boost industry contributions to the growth of our National Gross Domestic Product.