Tuesday, May 6, 2025 - President
Bola Tinubu has announced a sweeping ban on has initiated a policy that bars
the Ministries, Departments and Agencies, MDAs, from procuring foreign goods or
services already available locally without a written waiver from the Bureau of
Public Procurement, BPP.
The President
also placed restrictions on the use of expatriates for jobs that can be
executed by Nigerian contractors or artisans, unless there is a compelling
justification and express approval from the Bureau of Public Procurement (BPP)
The policy was
unveiled on Monday, May 5 following a Federal Executive Council meeting chaired
by the President at the Presidential Villa, Abuja. Minister of Information and
National Orientation, Mohammed Idris, briefed journalists on the policy’s core
details.
Dubbed the
Renewed Hope Nigeria First Policy, the initiative aims to strengthen the
domestic economy, promote local content, and reduce Nigeria’s dependence on
foreign imports. Idris described it as a transformative shift in the country’s
economic approach, likening it to former U.S. President Donald Trump’s “America
First” doctrine.
“The Nigeria
First Policy places our country at the center of public procurement and
business activity, with a strong focus on empowering local industries,” Idris
said. “It is designed to foster a new business culture that is bold, confident,
and uniquely Nigerian.”
To give the
policy legal backing, the Attorney General of the Federation has been directed
to draft an Executive Order.
Key directives
under the new policy include:
Revised
procurement rules: The BPP will enforce new guidelines that prioritise
Nigerian-made goods and homegrown services across all Ministries, Departments,
and Agencies (MDAs).
Compliance
mechanism: A robust monitoring system will ensure government procurement aligns
with local content requirements.
Supplier
database: The BPP will maintain an updated list of high-quality Nigerian
suppliers as the default reference for procurement.
Centralised
procurement oversight: Procurement officers across MDAs will now report
directly to the BPP to curb undue influence and corruption.
Mandatory
waivers: No MDA may procure foreign goods or services already available locally
without a written waiver from the BPP.
Technology
transfer: Foreign contracts deemed unavoidable must include provisions for
local capacity building, production, or technology transfer.
“All MDAs must
review and resubmit their procurement plans in line with this policy. Breaches
will attract disciplinary action and possible cancellation of the procurement
process,” Idris warned.
He cited
Nigeria’s continued importation of sugar despite a functioning Sugar Council
and several domestic producers as a prime example of inefficiency the policy
seeks to eliminate.
“Government
money must now work for the Nigerian people,” he said. “Contractors will no
longer be allowed to act as mere intermediaries importing foreign goods while
Nigerian factories remain underutilised.”
The Nigeria
First Policy is the latest in a series of economic reforms under the Tinubu
administration, which include subsidy removals, a new foreign exchange
framework, and investor confidence initiatives.
Officials
acknowledge the policy may face resistance and implementation challenges but
insist the government is committed to strict enforcement.
“This marks a fundamental shift. It places Nigeria—not foreign companies or imports—at the heart of our national development,” the minister concluded.
0 Comments