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

New Police IGP, Disu Calls for Stronger Police- Media Collabo with Abuja Journalists

By Joyce Remi- BabayejuThe new Inspector-General of Police (IGP),...

Rainstorm Destroys Over 40 Houses, Churches in Kogi Community

From Noah Ocheni, LokojaResidents of Egbeda Egga community...

Senator Nora Daduut Congratulates Plateau Governor Caleb Mutfwang on 61st Birthday

By Golok Nanmwa, JosSenator Prof. Nora Ladi Daduut, Nigeria’s...

Bandits Threaten to Kill 32 Abducted Kaduna Villagers Over ₦30m Ransom

Residents of Kutaho and Kugir communities in Aribi Ward,...

Alleged ₦8.7bn Fraud: EFCC Witnesses Reveal Bank Transactions Linking Malami’s Family

The trial of former Attorney-General of the Federation, Abubakar...

Police Arrest Suspected Illegal Arms Fabricator in Akwa Ibom

Police in Akwa Ibom State have arrested two men...

Uchenna Awom Announces Passing of Mother-in-Law, Funeral Set for March 27

Media professional and adviser to Senator Enyinnaya Abaribe, Uchenna...

Dispute Emerges Over Reported Suspension of Senator Abaribe by Abia APGA

Questions have emerged within the All Progressives Grand Alliance...

PAAU VC Rejects Allegations of Ethnic Bias in Administrative Appointments

The management of Prince Abubakar Audu University (PAAU), Anyigba,...

Allegations of Diverted Police Conference Funds False — Shina Philips Insists

By Joyce Remi-BabayejuThe Chief Executive Director of Lenders Consult...

Related Articles

Popular Categories

spot_imgspot_img