FG pledges local content in contracts, urges competitiveness
The Federal Government has pledged to promote local content in contracts as well as in science, engineering and technology. The government also urged engineers to key into competitiveness in the country.
The Vice President, Prof. Yemi Osinbajo, who stated this at the 42nd Annual Conference of Association For Consulting Engineering in Nigeria (ACEN), in Abuja, noted that lack of functional infrastructure has slowed down the economy.
Osinbajo also argued that the adequacy of this would determine a country’s success or failure in diversifying production, coping with population growth, poverty alleviation and environmental conditions.
“This is because a meaningful infrastructural development is no doubt the path to the enhancement of the standard of living of the people, and to achieve it, we must adopt engineering as the bedrock,” he said.
The Vice President further said the government has commenced extensive investment in the road sector, power, water resources, aviation, agriculture, oil and gas.
Also, Minister of Water Resources, Suleiman Adamu, an engineer, said in the past five years, the government has intervened through the amendment of the COREN Act 2018, to allow it monitor and enforce the relevant laws.
He also anoted that they have increased the capital budget by 30 per cent to fund critical national infrastructure projects, such as railways, seaports, Second Niger Bridge.
He said: “The Federal Government is doing this to address infrastructure deficit, create jobs, and engage many Nigerian engineers and allied professionals. It ensures that planned and on- going projects are not disrupted.”
Earlier, ACEN President, George Okoroma, said: “We are looking at how the economy can be recovered, and it is only engineers that can lay the foundation for the growth.”
He stressed that the government patronising foreign engineers was unfair to the Nigerian counterparts, blaming the trends on the policy makers who are not willing to engage them in government projects.