US EditionNigeria Announces New Policy to Prioritise Local Manufacturing
- On Monday, Nigeria's Federal Executive Council approved the Nigeria First policy to prioritize local manufacturing in government procurement nationwide.
- This decision follows President Bola Tinubu's directive and aims to reduce imports where local production capacity exists, requiring an executive order to enforce the policy.
- The Bureau for Public Procurement must revise and enforce guidelines prioritizing Nigerian goods and create a compliance framework with a register of qualified local manufacturers and service providers.
- Minister Mohammed Idris stated the policy will foster a bold, confident, and distinctly Nigerian business culture that changes government spending, procurement, and economic development.
- The policy marks a major shift in government approach, expecting sanctions for breaches, aiming to empower local industries, curb imports, and strengthen Nigeria's economic sovereignty.
18 Articles
18 Articles
Tinubu to issue executive order to prioritise made in Nigeria goods - Daily Trust
President Bola Ahmed Tinubu will soon issue an executive order to prioritise made in Nigeria goods and curb the importation of foreign products into the country. Addressing State House correspondents after the Federal Executive Council (FEC) meeting at the State House on Monday, the Minister of Information and National Orientation Muhammed Idris said the move was a major policy decision taken by FEC following a proposal by President Tinubu “on …
Nigeria announces new policy to prioritise local manufacturing
The Nigerian government expects that with the new policy, local manufacturers will get priority in supply of goods. The post Nigeria announces new policy to prioritise local manufacturing appeared first on Premium Times Nigeria.
Show Example By Driving Made-in-Nigeria Cars, Atiku Tells Tinubu — Akelicious
Former Vice President Atiku Abubakar has asked President Bola Tinubu to take the lead in supporting local products by using a made-in-Nigeria vehicle like Innoson if he truly wants Nigerians to believe in the new “Nigeria First Policy” announced during the recent Federal Executive Council meeting. Atiku, who ran for president under the Peoples Democratic Party, reacted to Tinubu’s message on promoting local content. He said the President must sh…
Manufacturers Lauds FG’s “Nigeria First” Policy Directive, Seeks Collaboration On Implementation - NEWS AGENCY OF NIGERIA
Manufacturers lauds FG’s “Nigeria First” policy directive, seeks collaboration on implementation 26 total views todayBy Rukayat Moisemhe Manufacturers Association of Nigeria (MAN) has commended the Federal Government on the “Nigeria First” policy directive aimed at prioritising patronage of Made-in-Nigeria goods and services. Mr Segun Ajayi-Kadir, Director-General, MAN, on Tuesday in Lagos, noted that the policy directive also supports the local…
Tinubu Tightens Procurement Rules To Boost Local Content, Economy » News.ng
In a strategic move to bolster Nigeria’s domestic economy and promote local content, President Bola Tinubu has introduced a policy requiring Ministries, Departments and Agencies (MDAs) to obtain written authorization from the Bureau of Public Procurement (BPP) before purchasing foreign goods or services that are locally available. The Federal Executive Council (FEC) approved this new policy framework on Monday, positioning Nigeria at the forefro…
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