New procurement act to mandate patronage of ‘made in Nigeria’ products
The Federal Government has hinted that it is institutionalizing the patronage of madein-Nigeria products by Ministries, Departments and Agencies (MDAs) through the review of the Bureau of Public Procurement Act to make it mandatory for the MDAs to patronize local products.
The Minister of Information and Culture, Lai Mohammed, gave the hint at the flag-off of the Made-in-Nigeria campaign for the SouthWest geo-political zone in Lagos yesterday.
The concept of the Made-in-Nigeria campaign followed the Executive Order signed by the then Acting President, Prof. Yemi Osinbajo, to encourage the patronage of locally-made products as a deliberate policy to conserve foreign exchange as well as boost business for Nigerian companies so they can employ more people and earn revenue.
This campaign is being driven by the Federal Ministries of Industry, Trade and Investment as well as Information and Culture
The minister said the diversification of the economy away from oil, boosting industrial development, especially through local production of goods and services, is a major fulcrum of this administration.
He said since the launch of the media campaign, there have been sustained jingles on national radio and television encouraging the patronage of locally-