Amanze Chinonye
The Nigerian Content Development and Monitoring Board (NCDMB) has reinforced its standing as one of the country’s most efficient regulatory institutions after emerging the overall best-performing agency in the Presidential Enabling Business Environment Council (PEBEC) Transparency and Efficiency Index for the fourth consecutive year.
The Board, which ranked first in 2022, 2023, 2024 and 2025, received the latest recognition on December 2, 2025, at the State House in Abuja an achievement industry analysts say signals growing regulatory stability in the oil and gas value chain.
Represented at the ceremony by the Acting Director of Monitoring and Evaluation, Mr. Omomehin Ajimijaye, Executive Secretary Engr. Felix Omatsola Ogbe said the award reflects the Board’s increasing alignment with government-wide reforms aimed at smoothing business operations and improving investor confidence.
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Ajimijaye noted that NCDMB’s push for automation, streamlined processes, and reduced approval timelines has contributed significantly to lowering transaction costs for operators and service companies. “Our focus remains on delivering transparent and predictable services that support business growth within Nigeria’s oil and gas industry,” he said.
Vice President Senator Kashim Shettima, who chaired the PEBEC Awards and Gala Night, highlighted NCDMB’s consistency as evidence that regulatory efficiency is possible within the public sector. PEBEC Director-General Princess Zarah Audu also applauded the Board for adopting technology-driven systems that limit manual interventions an approach expected to improve ease of doing business metrics across the industry.
The Board further secured the Reform Champion Award, presented to Engr. Cityfaith Baribor Zorasi, who serves as the NCDMB liaison to PEBEC. Industry observers say such internal capacity recognition underscores the Board’s growing institutional maturity.
The NCDMB maintains that its achievements are tied to its mandate under the NOGICD Act of 2010, which prioritises local industry development, predictable regulation, and improved service delivery. With operators increasingly demanding faster turnaround and clearer regulatory pathways, the Board says it will continue investing in systems that enhance efficiency and reduce compliance burdens.
By sustaining top performance for four straight years, NCDMB positions itself as a key enabler of business growth in the oil and gas sector boosting confidence among investors, service providers and indigenous players seeking a stable regulatory environment.
Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.
