Nigeria National Petroleum Corporation The Nigerian National Petroleum Corporation (NNPC) undertakes commercial ventures in the petroleum industry on behalf of the Federal Government. Department Of Petroleum Resources The Department of Petroleum Resources (DPR) is the technical Department of the Ministry that regulates and monitors activities of the oil and gas industry. Petroleum Training Institute The Petroleum Training Institute (PTI) undertakes human capacity development for the Nigeria petroleum industry as a result, fulfilling the Federal Government’s Local Content Policy by developing and training competent manpower specifically for the oil/gas and allied companies. Petroleum Technology Development Fund The Petroleum Technology Development Fund was established by Act No 25 of 1973. The legislation invested the Fund with the responsibility of training and educating Nigerians in the petroleum industry. Petroleum Equalisation Fund Petroleum Equalization Fund Management Board PEF(M)B oversees petroleum bridging activities, which is the responsibility of reimbursing marketers the cost of transporting white petroleum products from the supply points to the retail outlets. Nigeria Nuclear Regulatory Authority The Nigeria Nuclear Regulatory Agency (NNRA) is responsible for regulating and monitoring all activities involving development and use of nuclear radioactive materials in the country. Petroleum Product Price Regulatory Agency The Petroleum Products Pricing and Regulatory Agency (PPPRA) is an Agency of Government responsible for fixing the bench mark prices of petroleum products and regulating and monitoring the transportation and distribution of petroleum products in Nigeria Nigerian Content Development Management Board The Nigerian Content Development and Monitoring Board (NCDMB) is the sole Agency of the Federal Government vested with the responsibility of implementing Nigerian Content in the oil and gas industry.