The Senate President Federal Republic of Nigeria, Ahmad Ibrahim Lawan has declared open the Nigerian Content Summit jointly organised by the Senate Committee on Local Content and House of Representatives Committees on Content Development and Monitoring. He made this known on his official social platform on Wednesday, he said the Summit is first of its kind as a pre-public hearing stakeholders’ engagement that seeks “to stimulate understanding on the short- and long-term implications of relevant Bills before the two houses.
Lawan added that the four bills which are already before the two chambers of the National Assembly are obviously to increase composite value addition that should contribute to local capacity building, with considerations for the elements of health, safety and quality. “We need to also appreciate that our social and economic conditions need continuous reviews for development, with a good quantum of home-grown fundamentals, and especially considering the new realities, brought by the Covid-19 pandemic.
He noted that the overall aim of this is the promotion of industrialization of the nation’s all-important Oil and Gas sectors, for enhancing the well-being of those in the industry and the overall growth of the Nigerian economy. “We are actually at a time for more inward reflection, through the enhancement of internal capacity, towards productivity and efficiency, for national progress. This is all to satisfy the yearnings and aspirations of the people”, he said.