How registered companies can access up to N4.1 billion through NCDMB

The Nigerian Content Intervention (NCI) Fund is a Nigerian Content Development & Monitoring Board (NCDMB) fund managed by Bank of Industry Limited (BOI). 

The fund is designed to achieve the following strategic objectives:

  • To increase indigenous participation in the oil and gas industry, build local capacity and competencies.

  • To promote the growth and development of Nigerian Content in activities connected with sectors of the Nigerian oil and gas Industry.
  • To deepen the creation of linkages to other sectors of the national economy and boost industry contributions to the growth of Nigeria’s National Gross Domestic Product.
  • To address persistent funding challenges that have hindered capacity and growth of local service providers in oil and gas.
  • To facilitate the growth of community based companies in the upstream oil and gas sector.

  • To spur productivity and job creation in the Oil and Gas Industry.
  • To attract investment capital into the sector and boost contribution of the sector to Nigeria’s economic growth.

To benefit from this loan kindly click on the link below


Written by T.I Ukende

T.I Ukende is a professional writer and ICT consultant. He has written many evergreen articles for Benuecast blog, classicgist, ellabase and many others before birthing the newsway blog.
Newsway delivers well researched and undiluted information on business, employment opportunities, personal finance and government empowerments.

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