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

Namibia’s Government Moves To Address 88% Urban Informal Settlements… Sankwasa

By Joyce Remi-BabayejuNamibai’s Minister of Urban and Rural Development,...

The Only Harmattan Skincare Routine You Need This Year

Harmattan may have arrived quietly this year, with rains...

Gov. Ododo Felicitates Imo Governor Hope Uzodinma on 67th Birthday, Hails Leadership and Service

 By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

KASUPDA Concludes 2025 Awareness Week, Urges Residents to Obtain Proper Building Approvals

By Achadu Gabriel, KadunaThe Kaduna State Urban Planning and...

John Terry Admits He Considered Suicide After Champions League Final Miss

Chelsea legend John Terry has revealed the depth of...

Kasim Rebuilds Nasarawa Basic Education Sector with Furniture, Monitoring Reforms

By Abel Zwanke, LafiaThe Executive Chairman of the Nasarawa...

NIWA to Strengthen Enforcement of Safety Regulations, Improve Waterways Monitoring — Shagari

By Noah Ocheni, LokojaThe National Inland Waterways Authority...

Edo Women Encourage Orphans to Dream Big

By Joyce Remi-BabayejuA group, the Association of Dynamic Edo...

Tinubu, Shettima, Akpabio Attend APC 15th NEC Meeting in Abuja

President Bola Tinubu is presiding over the 15th National...

Ambassador: China’s Investment in Nigeria Grows by 130%, Trade Surpasses $22bn

China's direct investment in Nigeria increased by 130 percent,...

Over 10,000 Nigerians Benefit from China’s Exchange Programmes – Ambassador

The Chinese government has trained over 10,000 Nigerians across...

Reps Probe Alleged Alterations to Tax Laws as PDP Seeks Further Delay

The House of Representatives has set up an ad...

Related Articles

Popular Categories

spot_imgspot_img