The moment the bill on Local Content Act is passed, it will compel all MDAs to give priority to locally made, sourced or manufactured goods in all sectors of the economy
Bill is sponsored by Senator Teslim Folarin @teslimkfolarin
Bill to amend the Nigerian Oil and Gas Industry Content Development Act (2010) just passed second reading at the Senate. Sponsored by the Senate's Local Content Committee Chairman, Sen. Teslim Folarin (Oyo Central).
His other bill passed the first reading as well. The other one is the Nigerian Local Content Act to provide for the development, regulation and enforcement of Nigerian Content in all sectors of the Nigerian Economy.
According to Senator @teslimkfolarin , when passed into law will, it will compel all government agencies, departments and agencies to give priority to locally made, sourced or manufactured goods in ALL sectors of the economy.
Well done sir.