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

Antimicrobial Resistance Drains Nigeria, Claims 60 m Lives Yearly — WHO

By Joyce Remi-BabayejuThe World Health Organization (WHO)...

Bayelsa Trains 1,000 Teachers in Digital Skills to Boost Education Quality

By Amgbare Ekaunkumo, YenagoaBayelsa State has concluded a year-long...

An Open China for a Shared Future

By Yu DunhaiNot long ago, the Fourth Plenary Session...

Kaduna: Commendations as Fatima Academy Recovered by HRO, Handed Over to LG

By Achadu Gabriel, KadunaFollowing sustained advocacy by the Eagle...

President Tinubu Approves New Appointments In Key Agencies

President Bola Ahmed Tinubu, GCFR, has approved the redeployment...

Bayelsa Government Intervenes as Ijaw Youth Protest Halts SEL Operations

By Amgbare Ekaunkumo, YenagoaThe Bayelsa State Government has stepped...

Northern CAN Warns Kwara Church Attack, General’s Killing Could Deepen Nigeria’s Insecurity

By Achadu Gabriel, KadunaThe Northern chapter of the Christian...

Shun Political Distractions, Wike Tells SSDC Board

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike...

NNPP Chairman Says 2026 Budget Will Drive Kano’s Transformation

By Jabiru HassanKano State Chairman of the New Nigeria...

Related Articles

Popular Categories

spot_imgspot_img