“From agro-processing in Cross River to leather in Kano and tech in Lagos and Benue, each state must own its comparative advantage and develop bankable projects around it.” The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole emphasized that economic transformation must be locally driven, urging states to identify and capitalise on their unique…
“If any of the values were to be added in Nigeria before exporting them, we would have had at least, a factory for those chains that would have also created jobs for our people outside what the farmers are doing,” he said.
•Oluwemimo Joseph Osanipin, the Director – General of NADDC. ‘Nigeria First’ policy empowers the BPP to ensure that all (100 per cent) government procurements are made in Nigeria. However, it could approve patronage of imported products where there are no local alternatives. The National Automotive Design and Development Council (NADDC) is eagerly looking forward to…
• Bimbo Kolade with Zach Adedeji. In 2024, FIRS tax revenue accounted for about 65 per cent of the total money shared by the three tiers of government, thus making tax as the pivotal source of revenue instead of crude oil sales by the Nigerian National Petroleum Corporation (NNPCL). The Revenue Mobilisation Allocation and Fiscal…
The ‘Nigeria First’ policy isn’t completely novel; it’s a reinterpretation. It represents the President urging the country to prioritize Nigeria.
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
“My shop practically lives on these platforms, especially Instagram,” Lagos-based baker Fatima Tunde said. “If it’s gone, I’m out of business.”
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.
“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.”
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.
