The Nigerian Content Development and Monitoring Board (NCDMB) was established in 2010 by the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. NCDMB is vested with the mandate to make procedures that will guide, monitor, coordinate and implement the provisions of the NOGICD Act signed into law on April 22, 2010. 

Key functions of the Board include:

• To review, assess and approve Nigerian Content plans developed by operators.
• To set guidelines and minimum content levels for project related activities across the oil and gas value chain.
• To engage in targeted capacity building interventions that would deepen indigenous capabilities – Human Capital Development, Infrastructure & Facilities, Manufactured Materials & Local Supplier Development.
• To grow and manage the Nigerian Content Development Fund.
  To establish, maintain and operate the Joint Qualification System (NOGICJQS) in conjunction with industry stakeholders.
• To monitor Nigerian Content Compliance by operators and service providers. This will be in terms of cumulative spending, employment creation and sources of local goods, service and materials utilized on projects and operations.
• To award Certificate of Authorization for projects that complies with Nigerian Content provisions.
• To conduct studies, research, investigation, workshops and trainings aimed at advancing the development of Nigerian Content.

The Board is headed by the Executive Secretary, Engr. Felix Omatsola Ogbe.