{"id":58139,"date":"2018-02-06T06:55:57","date_gmt":"2018-02-06T06:55:57","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=58139"},"modified":"2018-02-06T06:55:57","modified_gmt":"2018-02-06T06:55:57","slug":"nigerias-president-signs-order-to-boost-local-production-employment","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/world-news\/nigerias-president-signs-order-to-boost-local-production-employment.html","title":{"rendered":"Nigeria&#8217;s president signs order to boost local production, employment"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Nigeria&#8217;s president signs order to boost local production, employment<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Nigeria\u2019s President Muhammadu Buhari signed an executive order on Monday aimed at boosting the domestic production of goods and creating jobs in science, technology and engineering in the west African country.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Buhari, a 75-year-old former military ruler, has frequently spoken about ending the OPEC member\u2019s dependence on oil exports while also creating jobs by boosting local food production.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Months after Buhari came to power in May 2015, the central bank restricted access to foreign currency to import certain goods in a bid to stimulate local manufacturing.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">He said the order related to the planning and execution of projects related to science, engineering and technology, as well as national security.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">\u201cI have repeatedly emphasized my vision for a Nigeria that produces what it consumes. To attain that vision, it is vital that local companies get preference in planning, designing and executing Sci, Tech &amp; Eng. projects,\u201d Buhari said on his official Twitter feed late on Monday.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The president \u201cordered that all \u2018procuring authorities shall give preference to Nigerian companies and firms in the award of contracts, in line with the Public Procurement Act 2007\u2019,\u201d the presidency said in a statement circulated on Monday.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The executive order also prohibits the ministry of interior from giving visas to foreign workers whose skills are readily available in Nigeria, the statement said.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Around four out of every 10 people in Nigeria\u2019s workforce were unemployed or underemployed by the end of September, according to data released by the statistics office in December.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The order states that consideration will only be given to a foreign professional \u201cwhere it is certified by the appropriate authority that such expertise is not available in Nigeria\u201d.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Nigeria, which has Africa\u2019s largest population and biggest economy, fell into a recession in 2016 largely caused by low oil prices and militant attacks on energy facilities in the Niger Delta region.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">It emerged from recession in the second quarter of 2017, largely on higher oil prices.<\/span><\/p>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 8pt\">Source:-\u00a0https:\/\/www.reuters.com\/article\/us-nigeria-politics\/nigerias-president-signs-order-to-boost-local-production-employment-idUSKBN1FP2WM<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/world-news\/nigerias-president-signs-order-to-boost-local-production-employment.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Nigeria&#8217;s president signs order to boost local production, employment Nigeria\u2019s President Muhammadu Buhari signed an executive order on Monday aimed at boosting the domestic production of goods and creating jobs in science, technology and engineering in the west African country. Buhari, a 75-year-old former military ruler, has frequently spoken about [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":58143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5470],"tags":[118288,8775,2489,118058],"class_list":["post-58139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","tag-nigerias-president-signs-order-to-boost-local-production-employment","tag-world-news-daily","tag-world-news-today","tag-world-news-tonight"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/58139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=58139"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/58139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/58143"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=58139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=58139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=58139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}