US EditionNigeria: FG Highlights Economic Value of 'Nigeria First' Policy
- The Nigerian government approved the Nigeria First policy in May 2025 to prioritize local manufacturing and limit foreign imports across the country.
- This policy responds to global trade volatility and aims to replace imports by encouraging public procurement of Nigerian-made goods and services.
- Arise Integrated Industrial Platforms is investing $400 million in developing an industrial zone in Ogun state, focusing mainly on domestic consumption and import substitution.
- Officials assert that the policy has the potential to reduce imports by nearly one-third, stimulate a 20% expansion in manufacturing within three years, and generate hundreds of thousands of new jobs in the near future.
- The policy's implementation includes revising procurement guidelines, maintaining a local manufacturers' register, and stressing quality to achieve sustainable industrial growth.
11 Articles
11 Articles
Trade uncertainty opens up “Nigeria First” manufacturing opportunity
The NewsA leading pan-African industrial park developer is betting that uncertainty around global trade will drive the continent’s most populous nation to support local manufacturers to replace imported goods and tap into “massive” local consumption.Arise Integrated Industrial Platforms, which develops industrial zones in which companies process raw materials, has committed to investing $400 million in the development of a site in Nigeria’s sout…
Nigeria: FG Highlights Economic Value of 'Nigeria First' Policy
The Federal Government has highlighted the economic value to be derived from the 'Nigeria First' procurement policy recently announced by President Bola Tinubu, noting that it could accelerate industrial growth and contribute about N3 trillion to the national economy annually.
Tinubu approves implementation of Nigeria First Policy, ban on foreign goods
President Bola Ahmed Tinubu has approved the implementation of the Nigeria First Policy, which proscribed the importation of foreign goods. According to NTA, this was disclosed in a statement on Wednesday. This means the immediate implementation of revised procurement thresholds for Ministries, Departments, and Agencies, which prioritize Nigeria First. Tinubu said that the approval is based on the recommendation of the Director General of BPP, A…
Nigeria: FG reveals Q4 2025 schedule to rollout $2b fibre optic infrastructure nationwide - Worldstage
WorldStage Newsonline– The Federal Government of Nigeria has revealed plans for a $2 billion initiative to deploy 90,000 kilometres of fibre optic infrastructure nationwide, starting in Q4 2025 According to a statement by Bayo Onanuga, Special Adviser to the President, (Information & Strategy), the Nigeria’s Communications and Digital Economy sector was said to have witnessed massive growth under President Bola Tinubu, attracting $191 million in…
Dangote Peugeot Hails Tinubu’s Nigeria First Policy, Backs Local Vehicles Patronage
May 19, (THEWILL) – The Renewed Hope Nigeria First’ policy, introduced recently by the Federal Executive Council (FEC) has attracted support from key stakeholders in the nation’s automotive industry, including Dangote Peugeot Nigeria Limited (DPAN). The management of DPAN has lent their voice to the new policy, saying that it is not just an economic […] The post Dangote Peugeot Hails Tinubu’s Nigeria First Policy, Backs Local Vehicles Patronage …
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