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
A single section of a grape tree can yield 15 kilograms of fruit in its first year, increasing to 85 kilograms in subsequent years.
“In terms of aesthetics, I am satisfied with what I see here. In terms of functionality, we have been assured by the manufacturers that the vehicles are quite efficient.
“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.”
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.
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.
The Group Managing Director/CEO Lolu Alade-Akinyemi highlighted the company’s dedication to innovation, sustainability, and operational excellence.
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.
