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

Sugary drinks raise heart disease risk in children – Expert

A consultant cardiologist in Gombe, Dr Abubakar Sani, has...

Tobacco Prevention Campaign Begins as Azithromycin Distribution Commences in Kaduna

By Achadu Gabriel, KadunaA house-to-house Tobacco Prevention Campaign (TPC)...

Group faults Gov Eno for APC flag at Uyo Town Centre

By Ogenyi Ogenyi, .UyoAn advocacy group in Akwa Ibom,...

Prof. Ogbo Advocates Death Penalty for Corruption in Nigeria, Calls for Constitutional Reform

From Noah Ocheni, LokojaA former university administrator, Professor Salisu...

Group Blames Fubara for Renewed Political Crisis in Rivers

A pro-democracy and accountability organisation, the National Vanguard for...

NDU Inducts First Building Graduates into Nigerian Institute of Building

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

South-South Set for Blue Tourism Revival as ATPN Unveils Regional Development Plan

The Association of Tourism Practitioners of Nigeria (ATPN) has...

APC E-Registration: Senator Nwoko Urges Members to Embrace Digital Revalidation for Party Renewal

By Anne AzukaSenator Ned Nwoko, representing Delta North Senatorial...

Alleged N1.35bn Fraud: Supreme Court Orders Sule Lamido, Sons to Resume Trial

By Francis WilfredThe Supreme Court of Nigeria has ordered...

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

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

Related Articles

Popular Categories

spot_imgspot_img