x

JUST IN: Tinubu Approves ‘Nigeria-First’ Procurement Policy to Boost Local Industry

President Bola Tinubu has approved a sweeping new policy dubbed the Renewed Hope Nigeria-First initiative, which mandates all federal ministries, departments, and agencies (MDAs) to prioritize Nigerian-made goods, services, and expertise in all government spending.

Minister of Information and National Orientation, Mohammed Idris, announced the development after Monday’s Federal Executive Council (FEC) meeting at the Presidential Villa in Abuja. He emphasized that the directive ensures every kobo of public funds is spent in a way that benefits Nigerians directly.

“This policy puts Nigeria at the centre of all government procurement,” Idris stated, adding that an Executive Order to legally enforce the directive will be signed in the coming days.

The policy, reminiscent of former U.S. President Donald Trump’s “America First” approach, aims to empower local industries, create jobs, and reduce reliance on imported goods and services.

Idris stressed that government contracts must now favour Nigerian suppliers whenever viable local alternatives exist. “If there’s a local option, importing is not an option,” he said.

The FEC has endorsed the President’s directive, with the Attorney-General of the Federation instructed to draft the Executive Order that will formalize the policy.

As part of the implementation strategy, the Bureau of Public Procurement (BPP) will:

  • Revise procurement guidelines to prioritize local businesses.
  • Develop a Local Content Compliance Framework.
  • Maintain a registry of qualified Nigerian suppliers.
  • Oversee the deployment of procurement officers across all MDAs.

MDAs are now prohibited from procuring foreign goods or services available locally, except where the BPP grants a written waiver. For contracts involving foreign products or services where no local alternative exists, provisions must be made for technology transfer, local production, or skills development—similar to measures in the Sugar Master Plan promoting backward integration.

All MDAs have also been instructed to audit and revise their 2025 procurement plans to align with the new Nigeria-First policy immediately.

“No foreign procurement shall proceed without proper justification and BPP approval,” the policy directive concludes.

Would you like a visual summary or infographic to go with this rewrite?

Hot this week

Odinkalu challenges police response over reported Kaduna church abductions

Former Chairman of the National Human Rights Commission and...

ECWA Abduction: 17 More Worshippers Freed as 13 Remain in Captivity

From Noah Ocheni, LokojaSeventeen additional worshippers abducted from...

FG Opens Applications for 2026 Overseas Scholarships

The Federal Government has opened applications for the 2026...

Yaya Toure names Super Eagles most impressive team at AFCON 2025

Former Manchester City and Ivory Coast midfielder, Yaya Toure,...

Shettima, Akume, Gbajabiamila Laud Hadiza Bala at 50, Hail Her Leadership and Public Service

By Francis WilfredVice President Kashim Shettima, Secretary to the...

Alleged N4tr debts: 1,000 CSOs back local contractors protest against FG

***demand resignation of Finance Minister, Uzoka-AniteNo fewer than one...

Electricity Sector: Consumers Decry Alleged Rights Abuses, Cite KAEDCO as Example

By Achadu Gabriel, KadunaConcerns are mounting over what critics...

NSCDC: A Force for Security or a Source of Corruption?

The tenure of Ahmed Abubakar Audi as Commandant General...

CVR: Oborevwori, Stakeholders Lament Low Turnout, Call for Massive Grassroots Mobilisation in Delta

By Anne AzukaDelta State Governor, Sheriff Oborevwori, has expressed...

Bayelsa Community Apprehends Bricklayer Over Alleged Defilement of 12-Year-Old Stepdaughter

Residents of Obunagha Community in Yenagoa Local Government Area...

Abia Labour Party Warns APC Against ‘Backdoor’ Power Grab

By Okechukwu Keshi UkegbuThe Labour Party (LP) in Abia...

Police Headquarters Confirms Kaduna Church Worshippers’ Kidnapping

…IGP orders full deployment of intelligence and operational assetsBy...

Related Articles

Popular Categories

spot_imgspot_img