AN EXAMINATION OF COURT INTERPRETATION OF THE LOCAL CONTENT ACT

Abstract

This paper examined the court interpretation of the local content in Nigeria, adopting a doctrinal methodology. The research investigates the judicial interpretation of the Nigerian Content Development and Monitoring Board (NCDMB) Act 2010 and its impact on the oil and gas industry. The paper revealed that the courts have adopted a restrictive approach to interpreting the local content provisions, resulting in inconsistent and sometimes conflicting decisions. The research identifies gaps in the legislative framework, inadequate guidance from regulatory bodies, and a lack of expertise among judicial officers as contributing factors to the challenges in interpreting the local content provisions. Based on the findings, this paper recommended the review and amendment of the NCDMB Act 2010 to clarify ambiguities and provide clearer guidelines for the implementation of local content provisions. It was further recommended that there should be the development of guidelines and regulations by regulatory bodies to provide clarity and consistency in the interpretation and application of local content provisions. Also, capacity building for judicial officers. To enhance their expertise and understanding of the local content provisions and their implications for the oil and gas industry. In conclusion, this paper demonstrates the need for a clearer and more consistent approach to interpreting the local content provisions in Nigeria. The effective implementation of the NCDMB Act 2010 requires a collaborative effort from the legislature, regulatory bodies, and the judiciary. By addressing the gaps and challenges identified in this study, Nigeria can promote the development of local content in the oil and gas industry and enhance economic growth.