The House of Representatives has promised to provide the legislative support that would drive the government’s plan to utilize skilled Nigerians in engineering, science, technology and other sectors.
Chairman, House Committee on Nigerian Content Development and Monitoring, Mr. Legor Idagbo at the inaugural meeting of the Committee in Abuja said the policy will help develop the economy while providing employment for Nigerians.
Mr. Idagbo said the committee will facilitate the amendment of the Nigerian oil and gas industry content development act to consolidate on the successes made.
“It is pertinent to note that, the Nigerian Content policies offer exciting new potential for economic development in Nigeria by encouraging economic activities, value addition and job creation.
Through Nigerian content, Nigeria may finally be able to make its oil wealth a blessing instead of a curse.
Since the passage of the landmark Nigerian Oil and Gas Industry Content Development Act (NOGICD) in 2010, significant progress has been made. There is no doubt that, the Nigerian Content has immense potential to transform the Nigerian economy.” Mr. Idagbo stressed.
The committee is expected, through the legislation, to champion the patronage of local manpower by any industry sited in Nigeria as well as patronage of local manufacturing industries by Nigerians.