Local Content Agency to name & shame non-compliant companies
By Ibrahim Tarawallie
The Sierra Leone Local Content Agency (SLLCA) will soon start to name and shame multi-national companies that are yet to submit their local content plans to the agency as required by law.
Section 40 of the Local Content Act of 2016 requires multi-national companies operating in Sierra Leone to submit a well prepared Local Content Plan to the agency for review.
Director-General of SLLCA, Fodiba Daboh told this medium that companies across every sector in the country are mandated by the act to submit their local content plans to the agency.
He stated that even though there has been a 70% compliance rate, they still have few companies that are yet to submit their documents despite several reminders and technical assistance provided by the agency to get the plans completed.
“We have seen a significant increase in the number of companies that have submitted their local content plans to us. We are still not there yet but we are pushing for 100% compliance because it is a statutory requirement. We still have quite a few that are yet to comply with the provision in the act. We will soon start to name and shame them,” Director-General of SLLCA, Fodiba Daboh warned.
Mr. Daboh explained that the local content plan from companies must speak to the workforce in both the lower and higher cadre, capacity development, especially for Sierra Leonean employees and procurement tending processes as stated in the act.
He assured that they will not rest until multi-national and other companies operating in the country comply fully with what is in the act, while at the same time improve local content in the country.
He added that for local content to succeed in transforming the country’s economy, premium must be place on services provided by companies locally.
According to him, some of the plans submitted have already been reviewed because they want to make sure that they meet the statutory requirements as set out in the act.