Leke Baiyewu, AbujaThe House of Representatives has begun the process of passing into law Executive Orders 003 and 005 on local content issued by the Federal Government. One of the bills being processed by the House seeks to enforce local content in all sectors of the Nigerian economy. ), signed Executive Order 005 on February 5, 2018. Idagbo said, “The proposed bill also seeks to provide the legal basis for enforcement of Presidential Executive Orders 003 and 005 on local content signed by President Muhammadu Buhari. Trillions in naira terms have been saved as a result of local participation in the oil and gas industry.”Copyright PUNCH.

Source: Punch May 25, 2020 23:48 UTC