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
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
