Energy

LADOL: Abuse of local content law by Nigerian companies must not be barrier to foreign investment

Transparency and successful collaboration between Nigerian and international businesses is the key to unlocking Nigeria’s vast oil-wealth for the benefit of ordinary Nigerian citizens. However, local content provisions must not be a way for Nigerian businesses to appropriate foreign business assets. The spirit of the local content laws is to encourage collaboration with foreign business […]

The post LADOL: Abuse of local content law by Nigerian companies must not be barrier to foreign investment appeared first on The Guardian Nigeria News – Nigeria and World News.

Credit: Punch News

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