• Home
  • All news
  • Team
  • About
  • Contact
  • Privacy Policy
  • My account
Sunday, July 13, 2025
Media Bypass News
No Result
View All Result
No Result
View All Result
Media Bypass News
No Result
View All Result
Home

Hashim: Nigeria-First Procurement Policy to stimulate local industries

Mediabypassnews by Mediabypassnews
2 months ago
in News
0
365
SHARES
345k
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

A prominent figure in Nigeria’s engineering sector, Abdullahi Hashim, has hailed the recently approved Nigeria-First Procurement Policy as a transformative step toward strengthening the country’s industrial base.

The policy, endorsed by President Bola Ahmed Tinubu and confirmed by the Minister of Information and National Orientation, Mohammed Idris, which mandated all Ministries, Departments, and Agencies (MDAs) to prioritize locally produced goods and services in procurement processes.

Foreign alternatives may only be considered with a waiver from the Bureau of Public Procurement (BPP) when no viable local option exists.
Hashim, a member of the Nigerian Society of Engineers (NSE) and the Council for the Regulation of Engineering in Nigeria (COREN), as well as a Harvard University alumnus, described the policy as a bold and strategic move to stimulate local industries, reduce reliance on foreign products, and enhance indigenous engineering capacity.

In a statement made available, on Tuesday in Abuja, he commended President Tinubu’s leadership, referring the policy as a cornerstone of the Renewed Hope agenda.

“I commend Mr. President’s courageous leadership in implementing the Nigeria-First Procurement Policy, a palpable initiative that will indelibly shape our nation’s economic trajectory,” Hashim said.
“By prioritizing locally made products, you are fostering self-reliance, boosting productivity, and promoting economic growth.”

The policy is expected to drive job creation, improve technical expertise, and strengthen Nigeria’s industrial framework.

Hashim highlighted its potential to boost business confidence, encourage investment in local products, and enhance entrepreneurial innovation.
“This visionary policy will empower our economy, create jobs, and stimulate innovation,” he noted, adding that it aligns with global best practices for sustainable development and reduces Nigeria’s carbon footprint.

Furthermore, Hashim, also emphasized the policy’s role in promoting economic sovereignty and human liberation by reducing dependence on imported goods.

“By breaking free from foreign importation, we build liberation and promote self-determination,” he said, underscoring its far-reaching impact on sustainable development.
Urging stakeholders, including the private sector and government institutions, to ensure full compliance, Hashim called for collective action to realize the policy’s transformative potential.

“We celebrate Mr. President’s commitment to nation-building and look forward to the profound impact of this policy on our economy and society,” he concluded.

The Nigeria-First Procurement Policy is poised to reshape the country’s economic landscape, fostering resilience and positioning Nigerian talent and innovation at the forefront of national development.

Tags: Abdullah HashimBola Ahmed TinubuHashim: Nigeria-First Procurement Policy to stimulate local industries
SendShareTweet
Previous Post

How Tinubu’s reform policies stabilized Nigeria’s economy – Umahi

Next Post

Refrain from granting terrorists, bandits publicity, FG urges media

Mediabypassnews

Mediabypassnews

For Press Releases, Media Coverage, Event Publication, Genuine Stories, Interview, Etc, email: admin@mediabypassnews.com

Next Post

Refrain from granting terrorists, bandits publicity, FG urges media

Please login to join discussion

Stay Connected test

  • 500 Subscribers
  • 23.9k Followers
  • Trending
  • Comments
  • Latest

Ruth Band, C&S Ibadan sets to celebrate 30yrs anniversary in grand style

July 13, 2025
EU reacts over 5 execution in Kuwait, opposes death penalty

EU reacts over 5 execution in Kuwait, opposes death penalty

July 28, 2023

We’re removing all bottlenecks to improve food, Agric production in Nigeria

July 6, 2025

2027: Group seeks Tinubu’s adoption as APC’s Sole Candidate

July 6, 2025

Deutsche Bank leads $747m syndicated loan for Lagos-Calabar highway

July 13, 2025

Ruth Band, C&S Ibadan sets to celebrate 30yrs anniversary in grand style

July 13, 2025

LG election: Come out massively to vote – Sanwo-Olu to Lagosians

July 11, 2025

Homecoming development: Zumunta host 2025 Convention in Nigeria

July 10, 2025

Recent News

Deutsche Bank leads $747m syndicated loan for Lagos-Calabar highway

July 13, 2025

Ruth Band, C&S Ibadan sets to celebrate 30yrs anniversary in grand style

July 13, 2025

LG election: Come out massively to vote – Sanwo-Olu to Lagosians

July 11, 2025

Homecoming development: Zumunta host 2025 Convention in Nigeria

July 10, 2025
Media Bypass News

We bring latest unbiased news and updates straight to your devices. As storytellers, we strive to deliver content on variety of topics from all over the world. Stay tuned

Follow Us

Browse by Category

  • Accident & Disaster
  • Breaking News
  • Business & Finance
  • Campaign & Elections
  • Classified
  • Climate
  • Conflict & War
  • Corruption
  • Crime
  • Education
  • Energy & Power
  • Entertainment
  • Event
  • Fashion
  • Food
  • Gender
  • General information
  • Health & Fitness
  • Interview
  • Lifestyle
  • News
  • Opinion
  • Personality
  • Photonews
  • Politics
  • Press Release
  • Property & Road
  • Protests & Riots
  • Religious
  • Society & Culture
  • Sports
  • Technology
  • Transport & Aviation
  • Travel & Tourism
  • Uncategorized

Recent News

Deutsche Bank leads $747m syndicated loan for Lagos-Calabar highway

July 13, 2025

Ruth Band, C&S Ibadan sets to celebrate 30yrs anniversary in grand style

July 13, 2025
  • About
  • Privacy & Policy
  • Contact

© 2022 Media Bypass News - Designed by Petertechy Innovations.

No Result
View All Result
  • Home
  • All news
  • Team
  • About
  • Contact
  • Privacy Policy
  • My account

© 2022 Media Bypass News - Designed by Petertechy Innovations.

https://mediabypassnews.com/wp-content/uploads/2025/05/samak.mp4

WhatsApp us