The establishment of the Petroleum Development Fund for the training of Nigerians to qualify as graduates, professionals, technicians and craftsmen in the field of Engineering, Geology, Science and Management in the petroleum sector was the first major step at institutionalizing the policy of local manpower development in the oil and gas industry. Prior to its establishment, the government had taken legislative actions mandating international oil companies to employ and train Nigerians such that after a given period, Nigerians will take over the running of the Industry from exploration to marketing. PDF is therefore a special purpose Fund to train and make available skilled, competent and qualified local manpower for the oil and gas industry. It is also involved in developing and upgrading local institutions that are used in providing training and education to Nigerians to make them competent, capable and skilled to participate actively in the industry. Through research and adaptation of technology, PDF strives to promote processes for the development of material input required by the industry using local raw materials and indigenous researchers.
The mission of PDF is o train Nigerians to qualify as graduates and professionals in the field of engineering, geological sciences and management for the Petroleum Industry. To train Nigerians to become capable technicians and craftsmen in the relevant fields of the Petroleum Industry.