dc.description.abstract | This Bill seeks to establish the Non-Oil Solid Minerals Resources
Producing Development Commission and to ensure
(i) the diversification of the Nigerian economy through the
application of Nigerian Content principles to transactions in the non-oil and
gas sector of the Nigerian economy;
(ii) the development of domestic capacities and capabilities in
the value chain of some critical sectors like ICT, Mining, Power, Maritime,
Manufacturing, Health, agriculture etc., in the Nigerian economy through
strategic investments, education, skills transfer, expertise development,
transfer of technology and know-how and active research and development
programmes;
(iii) the achievement of minimum local employment level and in
country spend for the provision of goods and services in value chains of
the various sectors of the Nigerian economy;
(iv) strengthening of the international competitiveness of Nigerian
domestic businesses;
(v) the achievement and maintenance of control by Nigerians over
the economic developmental initiatives and activities in Nigeria;
(vi) the provision of a robust and transparent monitoring and
reporting system to ensure delivery of Nigerian Content policies; and
(vii) supervision and coordination of the implementation and
monitoring of Nigerian capacities and capabilities in the Nigerian economy. | en_US |