NIGERIAN CONTENT NON OIL AND GAS SECTOR DEVELOPMENT ESTABLISHMENT BILL
Bill · Energy
A Bill extends the Nigerian Content development framework to non-oil sectors like agriculture and ICT. It targets local businesses and manufacturers to promote participation in contracts. This seeks to reduce import dependency and create jobs across the economy.
What Is This Policy?
A bill to extend the Nigerian Content development framework beyond the oil and gas sector to other key economic sectors, promoting local participation and value creation across Nigeria's non-oil economy.
Who Does It Target?
Nigerian businesses, entrepreneurs, local manufacturers, service providers, and professionals across non-oil sectors including agriculture, ICT, mining, construction, and manufacturing.
What Does It Aim to Achieve?
Promote local content development in non-oil sectors, reduce import dependency, create employment, and diversify Nigeria's economy beyond petroleum.
Key Features
Sectoral Expansion: Extends the Nigerian Content framework to non-oil sectors Local Participation: Mandates local participation in contracts and procurement across covered sectors Value Addition: Promotes in-country value creation and technology transfer
Current Status
Rollout Stage: Under legislative consideration Coverage: All non-oil and gas economic sectors nationwide Funding: To be determined upon passage
How to Access
Not yet operational. The bill is progressing through the National Assembly.
Impact & Metrics
Would significantly boost local industry, create jobs, and accelerate Nigeria's economic diversification agenda.
Official Resources
Website: nass.gov.ng Contact: National Assembly, Three Arms Zone, Abuja
Legal Framework
To be enacted under the legislative powers of the National Assembly vested by Section 4 of the 1999 Constitution. Will operate alongside the Nigerian Oil and Gas Industry Content Development Act 2010, the Nigerian Investment Promotion Commission Act 1995, and the Companies and Allied Matters Act 2020.