Thursday, October 20, 2016

Be bold when crafting local content policy, expert tells African leaders

By Lusekelo Philemon

AFRICAN leaders need to be bold when developing local content policy, so that the natural resource should benefit local people in their respective countries.
An expert on local content, Neema Lugangira made the  yesterday in Dar es Salaam when speaking to a group of 24 media practitioners from Uganda, Ghana, and Tanzania attending the Africa’s media training on covering oil, gas and mining sectors.
She described local content as an important aspect it comes to oil and gas projects as it gives local people wide-range of opportunities to benefit out of the sector.
Lugangira stressed that if Africa is to benefit fully from the extractive industry, there is a need for oil and gas-rich nations to be bold enough when it comes towards developing local content policy.
The head of policy at the Southern Agricultural Growth Corridor of Tanzania (SAGCOT), cited Brazil as an example of local content, whereby it has forced multinational companies to set up fabricating plants in the South American nation so that its people benefit out of the sector.
“Countries need to be bold enough when it comes to issues related to local content,” she said, revealing that Tanzania also took bold steps when establishing the Local Content Act of 2015.
 “Local content means a lot to the well-being of Tanzanians.”
According to the expert, Tanzania is the only country in Africa which has attempted a multi-sectoral approach in local content, whereby line sectors are involved in the policy.
“Not all of our people who can be employed in the gas sector, but they can be involved in other sectors, such as agriculture, whereby people would be selling products to gas companies,” she said.
Lugangira, who is the former Acting Director of Local Content in Investments, National Economic Empowerment Council (NEEC) in the Prime Minister's Office also cited Ghana as one of the countries that have started working on involving a multi-sectoral sector as Tanzania has.

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