FG to Quarterly Evaluate Ministries on Local Procurements Compliance
The ‘Nigeria First’ policy isn’t completely novel; it’s a reinterpretation. It represents the President urging the country to prioritize Nigeria.
POLICY
Read More
Local Automobile Industry Patronage Bill scales 2nd reading in Senate
Leading the debate, Senator Ndubueze said that the bill sought to make it mandatory for Ministries, Departments and Agencies to give priorities to local manufacturers and indigenous companies in the procurement of goods and services
Meta Quitting Nigeria Threatens 20 Million Businesses on Facebook and Instagram
“My shop practically lives on these platforms, especially Instagram,” Lagos-based baker Fatima Tunde said. “If it’s gone, I’m out of business.”
“Nigeria First” Policy Can Propel Economy to Full Potential – MAN
The new directive is long overdue, and the government, being the biggest spender, would do well to lead by example.
This will certainly send the right signals and raise consumer confidence in made-in-Nigeria products.
“Nigeria First Policy” Excite Manufacturers
“President Tinubu has proposed that we will no longer just sit there and allow importation to come into this country where there is the capacity for production of these commodities locally.”
Global Share of Manufacturing Value, by Country
Brazil leads in South America with $300 billion in manufacturing value.
Its industrial economy is anchored by automotive production, food processing, chemicals, and aerospace, particularly through companies like Embraer.
BUA Foods Post N442.1bn in Q1 2025
Despite the increase in operating expenses, BUA Foods achieved a 124% profit after tax to N125.28bn in Q1 2025, compared to N55.82bn in Q1 2024.
Lafarge Africa Shareholders Approve Sales to Huaxin Despite Senate’s Fears
The Group Managing Director/CEO Lolu Alade-Akinyemi highlighted the company’s dedication to innovation, sustainability, and operational excellence.
Coca – Cola Nigeria to pay N190 million misleading Fines Within 60 Days
Upholding the FCCPC’s five-year investigation, findings, and imposed penalties, the tribunal ruled that NBC’s conduct constituted misleading practices in violation of Nigerian law.
FG Setting up New Cotton and Textile Dev Board
The board, when set up, will be domiciled in the Presidency, private sector-driven, with the representation of the relevant public sector stakeholders, and funded from the Textile Import Levy being collected by the Nigeria Customs Service (NCS)