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

Tinubu Commissions 60MW Power Plant, Key Roads and Bridge in Bayelsa

President Bola Ahmed Tinubu has inaugurated a 60-megawatt gas-fired...

Braimoh Congratulates New ADC Executives in Kogi, Calls for Unity

A chieftain of the African Democratic Congress (ADC), Olayinka...

“She Was My Crush” – Crayon Opens Up on Tiwa Savage’s Influence

Nigerian singer Crayon has shared a personal story from...

Family Petitions Police Over Disappearance of 14-Year-Old in Katsina

The family of a 14-year-old boy, Delight Ejiofor, has...

NITOUREY to Push Nigeria’s Tourism Sector into Global Arena – Awakan

By Joyce Remi BabayejuThe Director-General of the Nigerian Tourism...

Expansion of Health Facilities Tops Tinubu’s Healthcare Agenda

By Joyce Remi- BabaejuThe Minister of State for Health...

Dantsoho Lauds Oyetola over Reforms, Transformaion of Maritime Sector

… Tips Nigeria as Leader of Africa's Blue EconomyBy...

Wike Warns Contractors: June Deadline Is Binding

By Joyce Remi-BabayejuThe Minister of the Federal Capital Territory...

NCPC to Prioritize Pilgrimage Exercise, Create Lasting Impact- Bishop Adegbite

By Joyce Remi- BabayejuThe Executive Secretary of the Nigerian...

Osunmaibio FC Win Ekeremor Title After Penalty Shootout Victory

Osunmaibio FC have emerged champions of Ekeremor Local Government...

Court Rejects Document in Alleged $35m NCDMB Fraud Trial

By Francis WilfredThe Federal High Court in Abuja...

Related Articles

Popular Categories

spot_imgspot_img