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.