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

Jos South/East Aspirant GDG Rallies Support in Vwang Ahead of 2027 Elections

By Israel Adamu, JosA House of Representatives aspirant for...

Akpoti-Uduaghan to Appeal N1bn Judgment, Alleges Misrepresentation of Evidence

A Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has directed...

Methodist Church Raises Concerns Over Insecurity, Hardship, Governance Challenges

By Achadu Gabriel, KadunaThe Methodist Church Nigeria, Diocese of...

Monarch Raises Alarm Over Threat to Abducted Women, Children in Kwara Community

The traditional ruler of Woro community in Kaiama Local...

Trump Envoy Urges FIFA to Replace Iran with Italy at World Cup

An envoy linked to Donald Trump has reportedly proposed...

Monarch Raises Alarm Over Threat to Abducted Women, Children in Kwara Community

The traditional ruler of Woro community in Kaiama Local...

Nigeria Seeks Protection for Citizens After Two Killed in South Africa

The Federal Government has called for the protection of...

Top Players to Watch in Champions League Semi-Finals as Teams Battle for Final Spot

The UEFA Champions League semi-finals have highlighted tight tactical...

The Impact of the US–Israel–Iran Conflict on Nigeria

By Shemudara Blessing MorayoIn today’s interconnected world, conflicts...

Tinubu Charges New Envoys to Boost Investment, Reorders Foreign Policy Priorities

By Francis WilfredPresident Bola Tinubu has charged Nigeria’s...

Bayelsa Assembly Aspirant Calls for Rotational Equity in Yenagoa Constituency

An All Progressives Congress (APC) aspirant for the Bayelsa...

Kogi Government Condemns Attack on Orphanage, Confirms Rescue of 15 Pupils

By Noah Ocheni, LokojaThe Kogi State Government has condemned...

Related Articles

Popular Categories

spot_imgspot_img