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

Shettima, Akume, Gbajabiamila Laud Hadiza Bala at 50, Hail Her Leadership and Public Service

By Francis WilfredVice President Kashim Shettima, Secretary to the...

2027: Wike boldly tells Followers , Nobody can stop Us from supporting Tinubu’s second term

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

Bandits Demand ₦500m Ransom for Abducted Kaduna Photojournalist, Kill One Captive

By Achadu Gabriel, KadunaArmed bandits have demanded a ransom...

National Security: Interior, Defence Ministries Call for Deeper Military–Paramilitary Synergy

By Francis WilfredThe Federal Government has reiterated its commitment...

FGN, IFAD-VCDP Host Nutrition Policy Dialogue to Improve Nutrition Outcomes in Kogi State

From Noah Ocheni, LokojaThe Federal Government of Nigeria...

Tinubu Returns to Abuja After Abu Dhabi Summit, Paris Break

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

EPL: Chelsea Beat Brentford 2-0

Chelsea recorded a hard-earned 2-0 home victory over Brentford...

AFCON 2025: Nigeria beat Egypt 4-2 on penalties to win third-place

Nigeria’s Super Eagles secured third place at the 2025...

Related Articles

Popular Categories

spot_imgspot_img