The Inter-Ministerial Committee on the Draft Bill on the Executive Order 5 has submitted its report to the Minister of Science and Technology, Dr. Ogbonnaya Onu.
Speaking after receiving the report in Abuja, the nation’s capital Dr. Onu said that the Draft Bill would give Nigeria the capacity to produce things it needs and would also instill national pride in Nigerians.
He said the Draft Bill would be studied before it’s forwarded to the Federal Executive Council for its scrutiny before being forwarded to the National Assembly for passage into law.
The Minister said when the Draft Bill is signed into law, it would be of great benefits to the country and would encourage Nigerians to create wealth and jobs for the nation .
He Commended the Inter-Ministerial committee for a job well-done adding that its efforts is crucial in speeding up the Bill by the National Assembly.
Earlier, the Chairman of the Committee and Director, Legal Services in the Ministry, Mrs Yvonne Odu-Thomas said the committee took time to do a detailed assessment of the Executive Order 5 and came out with a comprehensive draft.
It would be recalled that the Presidential Executive Order No.5 for Planning and Execution of Projects, Promotion of Nigerian contents in Contracts, Science, Engineering and Technology, was signed by the President on February 2, 2018 and has been duly gazetted.
It is expected to empower Nigerians to use their talents and skills to contribute to national development and also create the platform for Nigerians to leverage on our natural resources so as to be self-reliant.