Nigeria: Experts Advocate Implementation of Local Content Law in Nigeria's Oil Sector

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The stakeholders made the call while speaking at the ongoing 2024 Nigeria Oil and Gas (NOG) Energy Week in Abuja on Monday.

The stakeholders made the call while speaking at the ongoing 2024 Nigeria Oil and Gas Energy Week in Abuja on Monday.

"I want to tell you that if you want your local content or if you want your capacity to grow, you have to enact local content laws that are enforceable. Making law is one thing. The other one is enforcing it, administering it, and making sure that it works. "And there are a lot of people who are briefcase contractors who don't have capacity, but they will tell you they have connections and because of that, they go and bid for jobs they cannot do. So these things have to be checked so that when you are bidding for a job in the oil and gas industry, you compare apples to apples, not apples to oranges.

"And that is what the African continental free trade zone is trying to achieve so that they will break up the barriers, break up all the things that are inhibiting other countries from going to other countries to do business," he noted.

 

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