By Dianabasi Effiong
The Nigerian Content Development and Monitoring Board (NCDMB) unveiled a stakeholders’ Sensitisation on the compliance certificate system and upgraded Nigerian Content Development Fund (NCDF) payment portal on Wednesday in Uyo.
The federal government’s agency also unveiled its Revised Community Contractors scheme in an event that drew participants from the media, industry players, and partner banks.
The NCDF Payment Portal, a digital platform managed by the NCDMB, allows operators, contractors, and subcontractors in Nigeria’s upstream oil and gas sector to remit the mandatory one per cent statutory contract levy and non-process compliance certificates online.
Addressing participants at the occasion, the Managing Director of the NCDF, Mr Emmanuel Yusuf, said that no fewer than 130 indigenous firms in Nigeria’s oil and gas upstream sector received not less than $400 million in support from Nigerian Content Development Fund (NCDF).
He also stated at the Nigerian Content Development and Monitoring Board’s (NCDMBs) unveiling of the Stakeholders Sensitisation Programme on the Compliance Certificate System, Upgraded NCDF Payment Portal, and the Revised Community Contractor Scheme on Wednesday in Uyo, that the portal would not only provide a digitised process for enhanced access to funds.
According to him, the portal will also ensure efficient services, a measurable impact, such that operators and contractors will access funding easily.
