The National Office for Technology Acquisition and Promotion, NOTAP Wednesday said it has
dedicated some ICT infrastructure to house the database of the Nigerian professionals.
The infrastructure will e used to select indigenous ICT firms and award contract of procuring software and installation of database to facilitate data access and retrievals.
The agency also said it has saved N79.3 billion between 2015 and 2019 from capital flight through its regulation function.
The Director General of the agency, Dr. DanAzumi Ibrahim made the disclosure on Wednesday at a media briefing on the NOTAP’s effort towards the implementation of Executive Order Number 5 (Ex05) held in Abuja.
As one of the agencies of Federal with the mandate to implement the Executive Order number 5, he said NOTAP had taken its regulatory functions to next level by ensuring that local content get fair share in all public contracts and execution through effective implementation of EO5.
Recall that the Executive Order 5 was signed into by President Muhammadu Buhari on February 2018. The primary aim of the EO5 is to improve Local Content in the execution of public funded projects by the Ministries, Departments and Agencies (MDAs) of Government.
Part of the objective is to utilize indigenous skills in execution of science and engineering projects of Government.
The Order directed MDAs to give priority to indigenous professionals or companies in the awards of government funded projects particularly in the execution of science engineering and technology contracts and where local expertise is not readily available; Nigerians are encouraged to partner with foreign firms in the execution of the projects.
NOTAP is one of the 17 parastatals under the superstition of the Federal Ministry of Science and Technology with mandate to regulate the inflow of foreign technologies into the country as well as promoting locally motivated technologies and innovations.
The President while signing the EO5 in 2018 gave additional responsibility to NOTAP with the objective of improving local content in science, technology and innovation contracts of public funded projects.
The idea is to stimulate rapid national economic recovery, stabilize inclusive development and competitiveness using Nigerian experts in STI and other professionals.
Beyond upscaling its statutory mandate, Ibrahim said that the agency is currently engaging all stakeholders towards a seamless implementation of EO5.
He however, lamented the non-inclusion of EO5 in the 2019-2020 budget, which he described as the greatest challenge towards the implementation of the EO5 and called for a special budgetary provision for the implementation of the Order.
He also advised that we should be strategic in leveraging on the skills and competencies of foreign technology.