News

February 6, 2018

Local content will drive economic independence – Nwoha

Local content will drive economic independence – Nwoha

Ameachi Nwoha

Nwoha Amaechi former speaker of Imo House of Assembly, on Tuesday said promoting local content would help to drive economic independence for the country.

Amaechi in an interview with the Newsmen in Abuja commended  the administration of President Muhammad Buhari for genuinely promoting local content.

Ameachi Nwoha

Amaechi, who is also a board member of National Board for Technology Innovations (NBTI) said promoting local content, was a step in the right direction.

He said over dependence on foreign expertise had done more harm than good to the country’s economy.

NAN reports that President Muhammadu Buhari signed the Executive Order No. 50 on Feb. 5, which prevents foreigners from getting jobs that can be effectively done by Nigerians.

Amaechi described Buhari as a visionary leader, saying, “President Buhari has proved that he meant well for Nigeria’s progress, he wants us to be proud of our own.

“Transfer of technology is never attainable anywhere in the world, the earlier we begin to patronise our own, the better for us,” he said.

The former speaker said that it was time to stimulate self-sufficiency through promotion and utilisation of indigenous expertise.

Amaechi called for total support for the policy because it had long term benefits for the country.