In December 2019, the National Assembly proposed a bill to repeal the subsisting Nigerian Oil and Gas Industry Content Development Act (NOGICDA), 2010, and replace it with the Nigerian Local Content Development and Enforcement Commission Bill (“the Bill”), 2020. The Bill seeks to “establish the Nigerian Local Content Development Commission and provide for comprehensive framework, structures, programmes, and schemes for the institutionalization and strengthening of Nigerian local content in all sectors of the Nigerian economy for self-sufficiency, job creation, international competitiveness of Nigerian domestic businesses and economic diversification and for matters connected therewith.” -KPMG
– The great blessing of the Nigerian Content Bill journey has been in its scope expansion to cover more sectors especially, Information and communications technology (ICT) which is now pivotal to emerging developments. OTHERS BEING, petroleum, solid minerals mining, construction, power, manufacturing and health sectors.
Building the NEXT architects of the digital economy LC TechStartups, and harvesting youth’s innovation potential for prosperity through the transformative empowerment process of creative founders after our ongoing capacity up-skilling investment pilots in youths, is another bold signature initiative of the #Innovationbed local content development project by Programos Foundation!
Senate passes the Petroleum Industry Bill
The Nigerian Senate passed the Petroleum Industry Bill earlier today. The Bill has now been passed by both houses of the National Assembly. Both versions of the Bill, which are similar, will go through the reconciliation process before going for the President’s assent.
#SmartCities #LegalTech #GreenTech #HealthTech #SocialEnterprises #GovTech #FoodTech #FinTech #EduTech #AgriTech #BlockChain #InsurTech #Industry4.0 #PropTech #Mobility #BioTech #BigData #Economy-wide #localcontentpolicy
Innovationbed Regional MicroSTARTups in (Nigeria)
We are inspired by people who build their companies from nothing rather than climb favoritism trees and ladders.
Driven by passion to succeed.
We offer the right guidance, best practice and global collaboration matrix network.
Innovationbed MicroStartups of your state will be a one-stop shop for innovative services and products.
MicroSTARTup of each state will be a tech-based micro-business venture model employing both solopreneurs founding their own enterprise and employing available job seekers – and this is essential for today’s society. Innovationbed Local Content MicroSTARTup is a charitable research cause to Programos Foundation giving that its success story will impact Nigeria and indeed African regions positively.
|The Innovationbed MicroSTARTup Hubs|
Cross River MicroSTARTup
State eSTARTup Workshops:
Innovationbed Africa – Digitized services meeting (Segment 1)
African youths as a blessing to Africa:
Building a new life, a new world for our youths, through:
- expanded innovation development capacity up-skilling programmes for young males and females in line with local content provisions (SVC4Nigeria replicate-able, #SVC4Ghana, #SVC4Comoros, SVC4Kenya, #SVC4Africa)
- inclusive digitizing service partnerships called Innovationbed MicroSTARTups formations and
- grooming an ecosystem for future sustainable smart cities and connected communities, with prosperous livelihood above poverty.
To build and maintain smart cities in a potential developing digital economy, you need digital enterprises which have to be founded by young enterprising citizens to offer intelligent product and services to the ecosystems.– Amos Emmanuel, Innovationbed.Africa
If no ONE is doing the needful like what Mark Zukerberg has done for the world’s social well-being, WHO then will?
#Innovate #Employ #Newworld
The UN SPACE4NIGERIA as an e-planner tool will help organizations using it to quickly and easily analyze the proposed project in a matter of hours, automatically carrying out SWOT analysis and offering ideas on fund generation and project implementation. All these will happen automatically once the project’s name and other required information are imputed into the website hosting the software. All that is therefore needed of the subscriber is the knowledge on how to input the required data and decode the information that shall be transmitted thereof. All the technical processes that this involves shall be taken care of by Programos Foundation.
Kindly see the table below for a detailed list of benefits we intend to deliver to every Nigerian ministry/Parastatals:
The new social service value norm will respect that users in both public or private sectors must get value for money and no more ‘man-know-man’, ‘federal character’ syndrome to excel.
The proposed new regulator in the LC Bill will be called the “Nigerian Local Content Development and Enforcement Commission” (NLCDEC or the Commission). The NLCDEC’s mandate is similar to that of the Nigerian Content Development and Monitoring Board (NCDMB) as articulated in the NOGICDA. The Commission will have seven (7) Nigerian Local Content (NLC) Directorates – 1. Oil and Gas, 2*. ICT, 3. Solid Minerals and Metallurgy, 4. Construction, 5. Power, 6. Manufacturing and 7. Health to oversee, coordinate, monitor, administer and enforce the implementation of the provisions of the Bill in the respective sectors.