The Petroleum Technology Development Fund (PTDF) National Board of Trustees (NBT) Meeting is the highest policy decision-making body where discussions on critical issues on Endowment programme are deliberated.

The Meeting will review the current operational strategy of the Endowment programme and make recommendations on new areas of research to be sponsored by PTDF.  The Fund has so far endowed Eight (8) Professorial Chairs in 8 Universities across the country to carry out indigenous research towards solving oil and gas industry problems and as well develop local technology and input required for effective operations of the industry.

Currently, the areas of Research Endowment are in Petroleum Engineering, Gas Engineering, Renewable Energy, Basinal Studeis, Petroleum Geology, Petroleum Chemistry, Geology and Mineral Science, and Chemical Engineering.