Tinubu Unveils "Nigeria First Policy" to Prioritize Local Industries in Procurement
President Bola Ahmed Tinubu has launched the #NigeriaFirstPolicy, a transformative initiative...
President Bola Ahmed Tinubu has launched the #NigeriaFirstPolicy, a transformative initiative...
Tinubu Unveils "Nigeria First Policy" to Prioritize Local Industries in Procurement
President Bola Ahmed Tinubu has launched the #NigeriaFirstPolicy, a transformative initiative aimed at prioritizing #localindustries in all government procurement activities. Announced on May 6, 2025, the policy seeks to bolster Nigeria’s economy by favoring domestically produced goods and services, reducing reliance on foreign products, and curbing the role of contractors as middlemen while local factories remain underutilized.
Under the #NigeriaFirstPolicy, the Bureau of Public Procurement (BPP) has been directed to immediately revise and enforce guidelines to ensure #locallymadegoods and #homegrownsolutions take precedence. The BPP is tasked with creating a “Local Content Compliance Framework” for all government procurements, maintaining a register of high-quality Nigerian manufacturers and service providers, and reverting the deployment of procurement officers to the BPP to enhance efficiency. “This is a bold step to empower Nigerian businesses and drive #economicgrowth,” a presidency spokesperson stated.
President Tinubu also issued directives to all Ministries, Departments, and Agencies (MDAs). Procurement of foreign goods or services available locally is now prohibited without justification and a written waiver from the BPP. In cases where local supply is insufficient, contracts must include provisions for #technologytransfer, #localproduction, or #skillsdevelopment. For example, the Sugar Master Plan’s Quota Allocations will prioritize participants’ backward integration and investment in Nigeria. MDAs are required to audit procurement plans immediately, with breaches attracting sanctions, including contract cancellations and disciplinary action.
The policy has sparked widespread discussion on X, with the hashtag #NigeriaFirst trending. Supporters, like
@NaijaEconWatch
, hailed it as a “game-changer for #MadeInNigeria products,” citing potential job creation and industrial growth. However, critics, including @ConcernedNigerian, raised concerns about enforcement, pointing to past policy failures and corruption risks. “Will the BPP resist pressure from vested interests? We’ve seen waivers abused before,” the user posted.
The initiative aligns with Tinubu’s broader economic reforms, including efforts to address the N4 trillion power sector debt and phase out unsustainable subsidies. Economists estimate that prioritizing local industries could save billions in foreign exchange annually, though challenges like inconsistent quality and limited capacity in some sectors remain. The World Bank’s 2025 Nigeria Economic Report notes that strengthening #localcontent policies could boost GDP by 2-3% over five years if effectively implemented.
As Nigeria navigates economic challenges, including 133 million citizens in poverty per World Bank data, the #NigeriaFirstPolicy signals a push for #selfreliance and #industrialization. The Presidency has called for public support, emphasizing that the policy will foster job creation, innovation, and global competitiveness for Nigerian industries.
#NigeriaFirst #LocalContent #Tinubu #ProcurementReform #EconomicSelfReliance
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