Tag: Local Content
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Local Content Enforcement Bill: If passed into law, will boost job creation in Nigeria – Ajumogobia
…our expectation is a legal framework to strengthen local content in the oil and gas sector and extend the initiative to other sectors – C’ttee Chairman Former Minister of State, Ministry of Petroleum Resources, Odein Ajumogobia on Wednesday said if the Local Content Development Enforcement Bill 2020 is passed into law, it will boost job…
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NCC, stakeholders to collaborate to boost local content in ICT
The Nigerian Communications Commission (NCC) says collaboration is essential to boost local content in the Information and Communication Technology (ICT) industry. The Executive Vice Chairman, NCC, Prof. Umar Danbatta made this known during the ICT Community Roundtable, organised by the Association of Information Communication Technology Local Content (ICTLOCA) on Wednesday in Lagos. The theme of…
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Local content: Senate to probe 100% foreign ownership of some multinational companies
The Committee on Local Content has concluded plans to investigate 100 per cent foreign ownership of some multinational companies registered in Nigeria. The Chairman of the committee, Sen. Solomon Adeola, made this known in Port Harcourt, while briefing newsmen at the end of a two day oversight visit to Rivers and Bayelsa states. He said…
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Buhari’s Executive Order 5 will improve local content – Minister
The Minister of Water Resources, Suleiman Adamu, says Executive Order 5, is meant to improve local content. Adamu spoke in Calabar at the 16th International Conference and Annual General Meeting of the Nigerian Institution of Civil Engineers (NICE), with the theme: Transforming National Economy through Sustainable Civil Infrastructure. He said that the order…
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PDP talks of engineering single digit lending, boosting local content [Full statement]
The Peoples Democratic Party (PDP) says its blueprint for economic recovery includes pursuing deliberate policies that will guarantee single-digit commercial lending rate across all productive sectors, immediately it is re-elected into office in 2019. The party says its economic blueprint will make a turnaround of the prevailing double digit permitted by the All Progressives Congress…
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NITDA to intensify efforts in driving FG local content development policy
The National Information Technology Development Agency (NITDA) on Thursday said it was committed to driving local content development policy of the Federal Government. The agency’s Director-General, Prof. Isa Pantami, who made this known in a statement issued in Abuja on Thursday said the policy was aimed at boosting the nation’s economy and to create more…