Section 70: Functions of the Board.

The functions of the Board shall be to(a) implement the provisions of this Act ;
(b) implement the regulations made by the minister in relation to any aspect of this Act ;
(c) supervise, coordinate, administer, monitor and manage the development of Nigerian content in the Nigerian oil and gas industry ;
(d) supervise, coordinate, administer and monitor the implementation and development of Nigerian content as specified in the schedule to this Act in the operations of operators, contractors and all other entities in the Nigerian oil and gas industry;
(e) appraise, evaluate and approve the Nigerian content plans and reports submitted to the Board in compliance with the provisions of this Act ;
(f) award certificate of Authorization and conduct reviews of the Nigerian content plans and reports submitted to the Board in compliance with the provisions of this Act;
(g) administer and operate the e-market place and Joint Qualifications Systems Set up in accordance with the provisions of this Act ;
(h) assist local contractors and Nigerian companies to develop their capabilities and capacities to further the attainment of the goal of developing Nigerian content in the Nigerian oil and gas industry;
(i) make procedures to guide the implementation of this Act and ensure compliance with all the provisions of this Act ;
(j) monitor and coordinate the Nigerian content performance of all operators in accordance with the provisions of this Act ;
(k) make auditing procedures and conduct regular audits for the purposes of monitoring and implementing compliances with the provisions of this Act ;
(l) provide guidelines, definitions and measurement of Nigerian content and Nigerian content indicator to be utilized throughout the industry ;
(m) conduct studies, researches and investigations that may further the attainment of the goal of developing Nigerian content in the Nigerian oil and gas industry;
(n) organize conferences, workshops, seminars, symposia, trainings, road shows and other public education fora to further the attainment of the goal of developing Nigerian content in the Nigerian oil and gas industry;
(o) delegate any of its functions to any agent or operative appointed by the council; and
(p) do legally anything necessary to be done to facilitate the carrying out of its functions.