The federal executive council (FEC) has approved a ‘Nigeria First’ policy aimed at prioritising the use of locally made goods and services in all government procurements.
Mohammed Idris, minister of information and national orientation, announced the policy while briefing State House correspondents after Monday’s FEC meeting, chaired by President Bola Tinubu at the council chamber.
Idris said the policy would soon be backed by an executive order, with the attorney-general directed to draft the necessary legal instruments.
“This policy means Nigeria comes first in all procurement processes; no foreign goods or devices that are already being produced locally will be procured without a clear and justified reason,” he said.
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The minister added that the Bureau of Public Enterprises (BPE) will review existing procurement guidelines to favour local producers and create a national database of certified Nigerian manufacturers.
He explained that a full audit of ongoing procurement plans would be carried out, and breaches of the policy would attract sanctions, including termination of contracts and financial penalties.
“The Renewed Hope Nigeria First Policy will not only strengthen local industries but also create jobs and reduce Nigeria’s over-reliance on imports. It’s about bold leadership and investing in our people,” the minister said.
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Idris added that the move aligns with Tinubu’s wider goal of driving industrialisation, boosting local production, and insulating the economy from global disruptions.
