Replicate local content in all sectors, FG urged


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Stakeholders in Nigerian economy have called for the implementation of Local Content Act in other areas of the economy other than the oil and gas sector.
They made the call in Lagos while speaking at the formal handing over of 15 cadet pilots trained by Petroleum Trust Development Funds (PTDF) to Caverton Helicopters.

Leading the call, the Executive Secretary of PTDF, Olufemi Ajayi, said the local content drive is a process that is becoming more clearer to Nigerians as it is gradually traversing all segments of the economy.
“The Local Content Act as it were is already developing people in the oil and gas sector. But government is also encouraging private sector people to be part of the development drive so that its advantages can radiate beyond few individuals. If the drive is adopted in other areas of the economy, we would have more Nigerians who will be beneficiaries of it,” Ajayi said.

The PTDF Executive Secretary noted that the Nigerian aviation sector in particular must take a cue from Carverton Helicopters that has been leading the way in recruiting and engaging Nigerians in its workforce, saying such acts will provide employment for more youths.
Also speaking, the Managing Director of Caverton Helicopters, Captain Josiah Choms, said the company realised the fact that government alone cannot do everything and as such the need to key into the local content drive.



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