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

APC Crisis Deepens as Isaac Yargwa Defects to ADC, Citing Economic Hardship Under Tinubu

From Abel Zwanke, LafiaFormer Nasarawa State Commissioner for Youth...

Comrade Prince Maiphen Congratulates Prof. Nora Daduut on Ambassadorial Nomination

By Israel Adamu, JosThe National Coordinator of the Renewed...

BMNA 2025: Chief Amedi Uduru Nominated for ‘Pillar of the Niger Delta Youths’ Award

The Bayelsa Media Network Awards (BMNA) has nominated oil...

Tinubu to Honour NDDC MD Samuel Ogbuku With National Excellence Award

By Amgbare Ekaunkumo, YenagoaPresident Bola Ahmed Tinubu is...

Rotary Nigeria Holds 2025 National Convention in Port Harcourt, Honours Gov Fubara

Rotary Nigeria hosted its 2025 National Convention in Port...

What Exactly Is an Open Relationship? Here’s a Clear Breakdown

Open relationships allow partners to explore romantic or sexual...

Early Warning Signs of a Heart Attack — and How to Save Your Life in Seconds

Heart attacks can occur suddenly and without warning —...

Defected Rivers Lawmakers Free to Leave PDP — Wike

The Minister of the Federal Capital Territory, Nyesom Wike,...

Davido Pauses AfroNation Performance to Honour Wizkid’s Late Mother

AfroNation attendees witnessed an emotional moment when singer Davido...

FG Assures Fair, Transparent Implementation of New Tax Laws

The Federal Government has pledged that the implementation of...

Nigeria Poised to Lead Africa’s Digital Trade Future — Afreximbank

Nigeria is strategically positioned to drive Africa’s emerging digital...

Why Tracking Bandits With Technology Is Difficult — Presidential Aide

The Special Adviser to President Bola Tinubu on Policy...

Related Articles

Popular Categories

spot_imgspot_img