Wednesday, September 8, 2010

Nigerian Government to Implement Local Content Law












Dr. Goodluck Jonathan of Nigeria

The Federal Government of Nigeria has assured that it’s now ready for the full implementation of the Nigerian oil and Gas Industry Content Development Act of 2010.


Speaking at the inauguration of the Governing Council of the Nigerian Content Development and Monitoring Board which was established under the Act, the President, Dr. Goodluck Jonathan said that the move will facilitate the rapid industrialization of the country.

He noted that Nigeria must use the increased application of local content in its oil and gas industry to stimulate investments that will positively transform other sectors of its economy and create more jobs for the unemployed.

He said that his administration is painfully aware of the limitations of local capacity in manufacturing for upstream and downstream operations adding that the situation, coupled with weak participation of Nigerian’s operating and service companies in the industry; and the non-inclusion of indigenes of producing communities in the economic activities of the sector must be reversed.

Dr. Jonathan said that to convert Nigeria’s oil and gas industry from one that imports most of its essential goods and services, the Federal Government will be “consistent and unwavering” in the implementation of the local content law.

“This will domicile significant proportions of industry derivatives and keep commensurate revenue in Nigeria to drive the rapid industrialization of our economy,” Dr. Jonathan said.

Congratulating the members of the council headed by the Minister of Petroleum Resources, Mrs. Diezani Allison-Madueke on their appointment, the President told them that they had a unique opportunity to reposition Nigeria’s oil and gas industry for the greater benefit of its citizens. “You cannot afford to fail in this important national assignment,” he said.

It needs to be noted that other members of the council are Dr. Joseph Dawha, Mr. Emmanuel Bekee, Dr. Shaibu Teidi Sani, Mr. Shawley Coker, Prof. Mike Onyekonwu, Chief Olumuyiwa Ajibola and Mr. Fola Daniel.

Philippines International Book Fair to Attract Notable Publishers











OMF Literature Philippines

It’s expected that notable book publishers will grace this years Manila International Book Fair (MITF), holding in Manila, the capital of the Philippines.


In a release by the Overseas Ministries Fellowship Literature (OMF Lit), one of the leading Christian book publishers, it noted that it is right in the thick of things adding that it’s that time of the year once again when all book lovers come together for the biggest book event of the year.

It stated: “Now on its 31st year, the MIBF gathers publishers, booksellers, and book lovers for five days of the unveiling of the latest titles, big discounts on new and old titles, plus lots of activities to keep book fanatics entertained and educated.”

According to the release, the Fair is due to hold on September 15-19, by 10am to 8pm at the SMX Convention Center, Mall of Asia, with the theme, “Words Without Borders.”

“OMF Lit will be at Aisle G and prominent Pinoy Christian authors will be unveiling new titles and you'll have the chance to meet and greet them. Ardy Roberto's Ang Pera Na Hindi Bitin offers easy and practical ways for people struggling with managing money,” the release said.

It noted that OMF Lit will be giving away discount coupons that will entitle its customers to a 30% discount on three new titles. “Because we want to give you an early Christmas present and to let you complete your gift list early too, we’re giving you 50% off on the following hot-off-the-press devotional: The One Year Love Language Minute Devotional, Gary Chapman’s The One Year Daily Insights, among others.

“Of course, the most important book and the source of inspiration for all the writers mentioned is the Bible. And for the MIBF, we have a wide selection of new Bibles, ranging from the New International Version (NIV), New Living Translation (NLT) and King James translations to devotional and study Bibles to Bibles specifically designed for teens and kids,” it also said.

It observed that there’s something for everyone, “drop by the OMF Lit booths at Aisle G (184-187, 194-197, 208-211) not to just buy books but to win premium items, meet and greet your favorite local authors, enjoy storytelling and fun activities for kids and a lot of other surprises to make your MIBF experience even more memorable.”

It further stated: “If by some unfortunate chance you miss the MIBF, we do have good news for you. We now have ten OMF Lit Bookshops all over the country, ready to provide you with inspiration, instruction and insight.

For more information on OMF Lit, visit their website http://www.omflit.com/