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ARTICLE · 19 NOVEMBER 2023

Oil Servicing Publication - NCDMB Issues Seven Ministerial Regulations

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The Nigerian Content Development Monitoring Board recently released seven (7) Ministerial Regulations at the session held during the 2022 Nigerian Oil and Gas Conference.

NigeriaEnergy and Natural Resources
Adewale Ajayi
Adewale Ajayi

The Nigerian Content Development Monitoring Board (NCDMB or "the Board") recently released seven (7) Ministerial Regulations at the session held during the 2022 Nigerian Oil and Gas Conference. The Ministerial Regulations were issued pursuant to the relevant sections of the Nigerian Oil and Gas Industry Content Development Act (NOGICDA or "the Act"), which empowers the Minister (and or the Board) to make regulations with respect to training and development, and other matters in the oil and gas industry. The Regulations, which have a commencement date of 26 February 2021 (although made publicly available in 2022), were issued to provide pragmatic strategies for the implementation and enforcement of the Act, and they include:

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