The Commissioner for Trade and Investment Honourable Chika Ossai, has described the passage of the Delta State Local Content Agency Bill by the State House of Assembly as a turning point in local value and economic development of the state.
Chika ossai, who stated this while reacting to the successful passage of the Bill, said when signed into law, it would compel companies and contractors operating in the state to engage seventy percent of indigenes of their host communities.
He added that the proposed law would not only give legal backing to the yearnings of host communities of any company for the engagement of locals, but also enable the companies to prepare development plans to train man power to take over their management.
The Commissioner noted that the Local Content Bill was a mechanism through which the resources of the state could be increased and also give the people the opportunity to enjoy the wealth generated.
While Commending members of the Delta State House of Assembly for the successful passage of the Bill, Chika Ossai said would protect the interest of host communities in Delta state.
The Trade and Investment Commissioner said the pending law was one of the best to have been enacted in Delta State as it concerned relations between companies and their hosts, as it would enhance participation of Deltans in cooperate and career matters.