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    National Assembly to extend local content law to other sectors of economy

    Simbi Kesiye Wabote. PHOTO:SweetCrudeRepors
    Plans are underway by the National Assembly to extend the local content initiative to other critical sectors of the economy.Specifically, the law making chambers are considering using power, construction and Information Communication Technology sector to test-run the initiative.
    The collaboration was firmed up recently at a policy dialogue organized by the Nigerian Content Development and Monitoring Board (NCDMB) for members of the House of Representatives Committee on Local Content, in Port Harcourt, Rivers State.The participants agreed that extending the Nigerian Content Act to key sectors would replicate the achievements recorded in the oil and gas industry through the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.

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