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ARTICLE · 19 MARCH 2020

Overview Of The Nigerian Content Development And Enforcement Bill

Deal HQ Partners
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The Nigerian Content Development and Enforcement Bill seeks to promote indigenous participation in key sectors of the economy (Information and Communications Technology, Mining, Construction, Oil and Gas and Power.

NigeriaEnergy and Natural Resources
Deal HQ Partners
Deal HQ Partners

The Nigerian Content Development and Enforcement Bill ("The Bill") seeks to promote indigenous participation in key sectors of the economy (Information and Communications Technology (ICT), Mining, Construction, Oil and Gas and Power.

When enacted, the Bill will repeal the Nigerian Oil and Gas Industry Content Development Act of 2010 ('The Local Content Act 2010')whilst the new law will broaden reach and scope of Nigeria's local content regulation beyond the oil and gas sector.

The Bill also provides a framework for governance, monitoring and enforcement across all the selected sectors.

THE OLD (The Act) v THE NEW (The Bill)

BROADER SCOPE

The Nigerian Content Development and Enforcement Bill unlike the Local Content Act 2010 is all encompassing as it applies to five core sectors which include: Oil and Gas, the ICT, Power, Construction and Solid Minerals/Mining.

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