Local content strategies in the oil and gas sector clingendael. Guidance document for the calculation of local content. Local government handbook new york department of state. The ghana local content and local participation bill 20 is a bill passed in november 20 by the ghanaian government that stipulates that ghanaians should be prioritised in terms of employment in the petroleum industry, and should benefit from the countrys resources. Jul 25, 20 local content requirements lcrs are policy measures that typically require a certain percentage of intermediate goods used in the production processes to be sourced from domestic manufacturers. Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about local content act from nigeria and the world on today. Local content definition in the cambridge english dictionary. A look at local content rules and the case of ghana devex. European centre for development policy management discussion. Pdf defining the local in local content requirements in. Often, the legislation or regulations implemented foresee a gradual increase of the percentage of inputs that needs to be sourced locally. Based on the guidelines, the nitda will seek to achieve a target of 50% local content in the industry and will require all ict companies to register nigerian entities with predominant nigerian representation. The enactment of the nigerian oil and gas industry content development act, which is now more commonly referred to as the oil and gas local content act, is the accumulation of many years of agitation for more protectionist legislation for nigerian citizens who have always desired to have a greater participation in the very profitable oil and gas sector of the nigerian economy. This publication, local content requirements and the green economy, is a product of the trade environment, climate change and sustainable development branch, ditc, unctad.
Laws that dictate prices on goods and services being exported. Schott is a senior fellow at the peterson institute. Act college and career readiness standards college and. The bill received presidential assent on 22nd april 2010 and created a law to provide for the development of. Countries can encourage local content through requirements and targets written in national laws. Current challenges and future opportunities international centre for trade and sustainable development. Policy to provide purchase preference linked with local content pplc in all psus. Jeffrey alker meyer district of connecticut united states. Request for taxpayer advocate service assistance and application for taxpayer assistance order omb number 15451504. Laws that require citizens to buy goods produced in their home country. The decline in the global oil price has significant impact on the activities of most oil producing nations. The local government act, 2019 national assembly of zambia.
Here is a sidebyside comparison, organized by section. Review of nigerias local content legislation most african countries, at post independence, recognised the need for their indigenes to take ownership and control of their natural resources for exploitation and transformation into economic growth. National endowment for the arts 400 7th street, sw, washington, dc 20506 202. The nigerian content developmen t agency has the objectives of putting in place a framework for continuous growth of nigerian content in. Judge meyer requires that any motions for extension of time be filed strictly in accordance with d. Part 2 incorporation of municipalities and regional districts.
Host countries may use local content as part of an industrial policy aimed at delivering benefits beyond the payment of royalties and taxes. This may be measured by project, affiliate, andor country aggregate and undertaken through two main. A look at local content rules and the case of ghana. In nigeria, the executive secretary, nigerian content development monitoring board. It was commissioned for and forms part of the background documentation for an ad hoc expert group, entitled.
Section i taxpayer information see pages 3 and 4 for form 911 filing requirements and instructions for completing this form. The nigerian state has been faced with various economic, social, political, educational, and development problems in all sectors of the nigerian economy. This essentially involves the validation of the act college and career readiness standards, which are built on a foundation of years of empirical data. The local content act, 2010 politically correct part 2. Local content requirements and the green economy unctad. The nigerian content act was signed into law on april 22, 2010, thus signaling the first most significant achievement of president jonathan after his reelection. Clerks office procedural handbook eastern district of. Ccsi therefore surveyed the relevant wto agreements and investment treaties in each country profiled to identify the provisions that may prevent, counsel against andor shield local. They are the coauthors of local content requirements.
Thus, the focus of this paper is to briefly explain the local content act and its implication on tvet and the nigerian economy. Local assistance state team national fallen firefighters. The relationship between local content, internet development and access prices this research is the result of collaboration in 2011 between the internet society isoc, the organisation for economic cooperation and development oecd and the united nations educational, scientific and cultural organization unesco. Local content guidelines introduced for the information and. Local content philippines ccsi 11 feb 2015 ct rev 26. The questions covering punctuation, grammar, and sentence structure make up the usagemechanics subscore. Laws that protect content in published material such as books and music. The first type of validity research act conducts is content validity, designed to answer the following question. In march of 2010, president goodluck jonathan signed into law the local content development act 2010. Local content requirements lcrs are policy measures that typically require a certain percentage of intermediate goods used in the production processes to be sourced from domestic manufacturers.
Conceptualizing tvet in most advance economies, industrialization most certainly emanate from tvet kutz, 2001. Petroleum local content and local participation regulations, 20 in exercise of the power conferred on the minister responsible for energy by section 22 of the petroleum commission act, 2011 act 821, these regulations are made this 5th day of july, 20. Content covered on the act content covered by the act english test six elements of effective writing are included in the english test. Local content is government initiative driven by the national treasury, the dti and the department of mineral resources, aimed at stimulating the manufacturing industry with a view to improving south africas economic performance and increase job creation. Vote required for incorporation of new municipality. Many oil and gas companies take a strategic approach to local content efforts in recognition of the wider business benefits of creating and sharing value between themselves, local communities and countries. Resourcerich countries are increasingly inserting requirements for local content local content provisions into their legal framework, through legislation, regulations, contracts and bidding practices.
This value must correspond with the value of e on annexure e. Local content means that portion of the tender price which is not included in the imported content, provided that local manufacturing does take place within the boarders of south africa sabs approved technical specification sats 1286. The nigerian oil and gas content development act of 2010 has provisions to. Policy to provide purchase preference linked with local. This archived statute consolidation is current to october 27, 2010 and includes changes enacted and in force by that date.
The nigerian government also deemed it necessary to design and sign into law the nigerian content act which provides for the development of. The local act is only used for admission to wcjc allied health programs. Sep 04, 2015 the local content act 2010 and the nigeria oil and gas sector, being a paper presented by orebiyi temitope at the csomedia meeting organised by lawyers alert on the 3rd of september 2015 at ajuji hotel abuja. Defining the local in local content requirements in the oil and gas and mining sectors in developing countries. Local content and local participation policy and legislation have come to stay in. District court for the eastern district of pennsylvania, office of the clerk of court, contains information on. Establishment of local office local content plan 7. There is a 60day waiting period for retesting purposes. Petroleum local content and local participation regulations, 20 arrangement of regulations regulation general provisions 1. When a lineofduty death is reported to the national fallen firefighters foundation, the coordinator of the local assistance state team, in that state, is notified and they immediately make contact with the chief of the effected department or hisher designee and offer the assistance of the local assistance state team. Igf guidance for governments on local content policies iisd.
An act to consolidate and amend the law relating to companies. Nigerian content development in information and communications technology ict. European centre for development policy management discussion paper e c d p m l i n k i n g p o l i c y a n d p r a c t i c e i n i n t e r n a t i o n a l c o o p e r a t i o n. An effective local content development policy seeks to promote inclusiveness. Average local content percentage of tender the average local content percentage of tender is calculated by dividing total local content c24 by the total tender value net of exempted imported content c22. Local rule 7b which requires that any motion be filed at least 3 days in advance of the due date, that it reflect the opposing partys position on the motion, and that it establish particularized good cause for the extension request. Local act test scores can not be used to satisfy texas success initiative tsi requirements for college readiness. Therefore, it was concluded that the nigerian local content act adds value to technical and vocational education and training tvet in nigeria. In order to achieve this goal, various policies and laws have been pursued by the governments. Local content act news latest breaking stories and top. Local content is the value that an extraction project brings to the local, regional or national economy beyond the resource revenues. This policy defines the local content as the added value brought to a host nation and regional and local areas in that country through the activities of the oil and gas industry.
Pdf local content policy and entrepreneurs in the nigerian oil. Cuomo,governor rossanarosado,secretaryofstate adivisionofthenewyorkstatedepartmentofstate. Form 911 request for taxpayer advocate service assistance. Schott cathleen cimino is a research analyst, gary clyde hufbauer is the reginald jones senior fellow, and jeffrey j. An act to provide for an integrated local government system. Ponds n outflow from 50 year 24 hour storm credit can be given for other pipes through the dam and detention of flows. The passage into law of the nigerian local content bill is one of the significant developments for domesticating the oil industry through local value additions. Section 27 of the act gives the content board power to require a company to. Local government act 1993 no 30 historical version for 8.
If successful, a policy to increase local content can lead to job creation, boost the. Together with the project team, we identified a selection of social, cultural and economic indicators to use as proxies in evaluating the success of local content regulations. Nigerian oil and gas industry content development act 2010 act no. Local content rule financial definition of local content rule. As a second step, the local content requirements were enacted into law.
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