President Bola Ahmed Tinubu has officially authorized the enforcement of the Nigeria First Policy, which effectively enforces a restriction on the importation of foreign products into the country. According to a broadcast shared by NTA, this decision was announced through an official statement released on Wednesday. With this new policy, government Ministries, Departments, and Agencies (MDAs) will immediately begin operating under updated procurement guidelines that prioritize patronizing Nigerian-made products and services. President Tinubu explained that this directive was approved following a proposal by Dr. Adebowale Adedokun, the Director-General of the Bureau of Public Procurement (BPP), as part of efforts to align with his administration’s Renewed Hope Agenda. A statement issued from the presidency confirmed that Dr. Adebowale A. Adedokun, FCIPS, CMILT, ACFE, will soon unveil the full implementation strategy and operational details of the policy. It is important to remember that on May 3, 2025, President Tinubu previously issued an order halting the importation of foreign products, particularly those that can be manufactured locally within Nigeria. Related News: Nigerian Television Authority (NTA) BUY ANYTHING ON KONG BUY NOW Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
President Bola Ahmed Tinubu has instituted a comprehensive ban on the importation of foreign products, particularly those that can be locally manufactured in Nigeria. He has also imposed strict guidelines for foreign workers entering Nigeria to execute projects that skilled Nigerian artisans and contractors are capable of handling. Such foreign involvement will now require explicit clearance from the Bureau of Public Procurement (BPP), with clear justification. This announcement was made public by Mohammed Idris, Nigeria’s Minister of Information and National Orientation, shortly after the Federal Executive Council (FEC) meeting presided over by the President at the State House, Abuja. According to Minister Idris, the President’s decision is a bold economic reform designed to empower Nigeria’s domestic industries and elevate local productivity. This newly approved framework is titled the Renewed Hope Nigeria First Policy. The minister compared this approach to the “America First” model once championed by former U.S. President Donald Trump, highlighting a redirection of government spending to favor local businesses and reduce reliance on foreign imports. “This initiative promotes a confident, self-reliant business culture,” Idris stated. “It prioritizes local industries and ensures public investment supports Nigerian-made goods and services.” To solidify the framework, President Tinubu has mandated the Attorney General of the Federation to prepare an Executive Order that will legally enforce this policy. Major Highlights of the Renewed Hope Nigeria First Policy Citing Nigeria’s sugar industry as a case study, the minister lamented ongoing imports despite local production capabilities through bodies like the Nigerian Sugar Council. He emphasized that the new policy seeks to halt such oversight and stimulate local capacity. “Contractors can no longer operate as middlemen importing goods, while local industries remain underutilized. Our spending must circulate within Nigeria,” he emphasized. This Nigeria First initiative forms part of the broader economic reforms pursued by the Tinubu administration, which also includes fuel subsidy removal, a new FX regime, and policies aimed at rebuilding investor trust. The administration views this as a vital step toward promoting industrialization, job creation, and sustainable economic growth through local empowerment. Despite anticipated resistance and implementation bottlenecks, officials maintain that the government is committed to strict enforcement. “This marks a transformative shift in our economic policy. It places Nigeria—its industries, workforce, and innovation—at the core of our developmental goals,” Idris concluded. The Renewed Hope Nigeria First Policy will become fully operational following the signing of the Executive Order by the President. Related News: World Bank Report on Local Content Policies BUY ANYTHING ON KONG BUY NOW Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
