Lawan seeks improved local capacities for economic growth

By Sanni Onogu, Abuja

President of the Senate, Ahmad Lawan, on Wednesday said efforts must be made to strengthen the country’s local capacities for the nation’s economy to experience exponential growth.

Lawan who made this assertion at virtual opening of the Nigerian Content Summit said this has become imperative particularly against the fallouts of the COVID-19 pandemic.

The summit was jointly organised by the Senate Committee on Local Content and House of Representatives Committees on Content Development and Monitoring.

According to Lawan, the Summit which is the first of its kind, seeks “to stimulate understanding on the short and long-term implications of relevant Bills before the two houses.”

He added that, “the Bills, including the Nigeria Oil and Gas Industry Content Development Act 2010 (Amendment) Bill, 2020 (SB.417), Nigerian Local Content Enforcement Bill, 2020 (SB. 419), and the Nigerian Oil and Gas Industry Content Act, 2020 (Repeal and Re-enactment) Bill…

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