…Describes it as game-changer for local economy
President Bola Ahmed Tinubu’s newly approved Renewed Hope–Nigeria First Procurement Policy has been described as a strategic masterstroke to revitalize Nigeria’s economy through local content prioritization.
The policy, which mandates all federal agencies to prioritize Nigerian-made goods and services, has drawn strong endorsement from industry leaders, including Dr. Harris Haroon Rasheed Jibril, Group Managing Director of Vivid Solutions Consulting Group and National President of the Arewa Consultative and Synergy Congress.
According to him, federal Ministries, Departments, and Agencies (MDAs) are now required to source goods and services locally, with foreign alternatives permitted only under strict waivers from the Bureau of Public Procurement, (BPP).
He explained tht the policy would help stimulate domestic production, reduce import dependency, create jobs by empowering Nigerian entrepreneur.
