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Poised to take full advantage of emerging opportunities in local content administration, key stakeholders and policy leaders in Africa’s Oil and Gas, and other related sectors, yesterday met in Yenagoa, Bayelsa State, and have unanimously advocated for a new local content strategy for Africa with a focus on adequate regulatory framework, funding, human capacity development and strategic Research and Development (R&D) with effective gaps analysis to positively drive the local content narrative as an imperative for domestication and sustainable growth of Africa’s hydrocarbon resources. The stakeholders who gathered at the maiden edition of the African Local Content Roundtable in Yenagoa, Bayelsa State on Thursday, June 3, 2021, jointly agreed that funding is critical to driving local content, especially with the negative impact of the COVID-19 pandemic which has had very negative consequences on the economy of most Africa countries.

France generalBayelsa stateFrancis anatoguTimipre sylvaOmar farouk ibrahimNicholas odinuweMassout samiaSimbi kesiye waboteSediko doukaPetroleum technology association of nigeriaNigerian content developmentPetroleum resourcesNigerian content development fundNational action committee on afAfrica oilAfrican petroleum producers organization appo apposecretariat