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Appraisal on Local Content Policy and Sustainable Indigenous Human Capital Development in Nigerian Agip Oil Company NAOC In Rivers State

Journal: International Journal of Trend in Scientific Research and Development (Vol.6, No. 1)

Publication Date:

Authors : ; ;

Page : 296-304

Keywords : Local Content Policy; Sustainable Development; Indigenous Human Capacity;

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Abstract

This study is an appraisal of local content policy and sustainable indigenous human capacity development in Nigerian Agip Oil Company. The study adopted four 4 research questions and objectives, as well as four hypotheses. The survey research design was used, with a sample size of 249. The stratified sampling and snowballing sampling were used as sampling techniques method. Data instrument was questionnaire. Hence, the data was analyzed quantitatively. However, simple percentages, mean and standard deviations as well as t test were used to analyze the quantitative data. The findings showed that there was high level of implementation of the Local Content Policy by NAOC it showed that there was high level of technical training for Indigenous Staff in Nigerian Agip Oil Company that more Nigerians are heading managerial positions in NAOC which were previously being occupied by foreigners. Other findings showed that lack of political will, Socioeconomic factors, low level of enforcement of legislation and method of implementation were the challenges that frustrated the implementation of Local Content Act in Nigerian Agip Oil Company in Rivers State. The study amongst others recommended that indigenous people should actively partake in the monitoring process of employment and contracts as this will lead to an increased level of compliance by the Oil and Gas sectors. Ngbuelo, Israel Lebura | Emeodu, Elijah Nwabueze "Appraisal on Local Content Policy and Sustainable Indigenous Human Capital Development in Nigerian Agip Oil Company (NAOC) In Rivers State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47819.pdf Paper URL: https://www.ijtsrd.com/management/other/47819/appraisal-on-local-content-policy-and-sustainable-indigenous-human-capital-development-in-nigerian-agip-oil-company-naoc-in-rivers-state/ngbuelo-israel-lebura

Last modified: 2022-07-12 18:33:00