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

EFCC, NASRDA Sign MoU to Strengthen Inter-Agency Collaboration on Asset Tracking and Investigations

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

Tinubu Returns to Abuja After Abu Dhabi Summit, Paris Break

President Bola Tinubu has returned to Abuja after attending...

Hajj 2026: FCT MPWB Rounds Up 3-Day Medical Screening for Intending Pilgrims

By Joyce Remi-BabayejuThe FCT Muslim Pilgrims Welfare Board, said...

NDU Inducts First Building Graduates into Nigerian Institute of Building

The Niger Delta University (NDU) has recorded a major...

Kaduna:: Kurmin Wali victims recall ordeal, commend Gov Uba Sani’s Visit

By Achadu Gabriel, Kaduna-Governor Uba Sani has...

Rivers Assembly Crisis: CSOs, APC Leaders Demand NASS Intervention

Civil society organisations, media professionals, and leaders of the...

CROSSJOF Praise Sen. John Owan Enoh’s MSME Initiative in Cross River

By Joyce Remi-BabayejuThe Cross River State Journalists Forum, (CROSSJOF)...

Wike’s Son, Joaquin Bags MSc Degree From King’s College London

By Joyce Remi-BabayejuThe son of the Minister of the...

VeryDarkMan gives Wizkid FC 24 hours to unfollow him on Instagram challenge

Social media commentator VeryDarkMan has issued a 24-hour ultimatum...

Fubara is APC leader in Rivers, not Wike — Bwala

President Bola Tinubu’s Special Adviser on Policy Communication, Daniel...

Troops foil ambush, kill Boko Haram commanders in Borno

Troops of Operation Hadin Kai have foiled a Boko...

Rodman becomes world’s highest-paid female footballer

United States forward Trinity Rodman has become the world’s...

Related Articles

Popular Categories

spot_imgspot_img