Business
DG Seeks Local Content Law
Director-General, Centre for Management Development (CMD), Dr Kabir Usman, has stressed the need for local content requirement in industries to be backed by legislation to ensure strict compliance.
Usman made the call an during interview with newsmen in Abuja last Saturday.
He said local content would help to tackle the problem of infrastructure deficit facing the nation’s institutions.
According to him, the promotion of local content training would also help in generating more revenue for Management Development Institutions (MDI).
“If local content is promoted, it simply means that there will be more activities in the organisations.
“There will be more income and more Internally Generated Revenue (IGR) which will enable organisations to spend, to maintain and to improve the quality of infrastructure.”
He noted that Nigeria was one among few countries exporting jobs. “We should export products, not jobs. Ninety per cent of capacity building outside the country can be done in Nigeria.
“Why do we go outside the country and do it? If you are going there for train-the- trainer programme, I understand. If you are going there to learn, I understand.
“If you are going for study tour or inspection and collaboration for bilateral agreement and so on, I can understand.
“This local content has to have a regulatory kind of biting teeth. It must be anchored by legislation or regulation,” Usman said.
He said local content also needed some financial support to enable institutions to compete with the rest of the world in terms of resources and facilities.
“These include Information Communication Technology and infrastructure similar to those of United Kingdom, Dubai and other countries”, he added.
He said there was also the need to raise the capacity of the trainers and facilitators.
“It does not matter if we will have to spend some monies at initial stage to train all the facilitators, lecturers, teachers, trainers so that they can acquire modern skills.
“We have to raise the capacity of our capacity builders to enable them to cope with the demand, level and kind of training done in other parts of the world”, Usman said.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics2 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points
-
Sports2 days ago
Iwobi Stars As Fulham Overcome Brentford