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Home Business News

Nigeria First policy: Manufacturers demand yearly local content targets in govt. procurements 

Samson Akintaro by Samson Akintaro
October 17, 2025
in Business News
MAN CEO

Francis Meshioye

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The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to introduce annual local content benchmarks for government procurement in key sectors such as automobiles, textiles, pharmaceuticals, and agro-processing.

MAN President, Otunba Francis Meshioye, made the appeal in Lagos on Thursday during the 5th Adeola Odutola Lecture and Presidential Luncheon held as part of the association’s 53rd Annual General Meeting (AGM).

He said such a framework would ensure government agencies prioritize Made-in-Nigeria products, stimulate domestic production, and strengthen the country’s industrial base.

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Meshioye explained that Nigeria’s manufacturing sector is currently operating in “a very challenging environment” worsened by weak enforcement of local patronage policies and continued dependence on imports.

According to him, “It is unsustainable for Nigeria to continue subsidising the production and employment of other nations through unchecked imports while our own factories continue to record low capacity utilization and serial underperformance.” 

Call for enforcement and accountability 

The MAN President further urged the government to penalise MDAs that fail to meet local content targets and reward those that exceed them. He noted that previous Executive Orders 003 and 005, which sought to promote local patronage, failed because they lacked clear enforcement mechanisms and consequences for non-compliance.

  • Meshioye proposed that the Federal Government, through the Ministry of Industry, Trade and Investment (FMITI), should launch a National Made-in-Nigeria Day, in partnership with the National Orientation Agency (NOA), the Organised Private Sector of Nigeria (OPSN), and the media.
  • The initiative, he said, would help promote visibility for local products and drive consumer confidence.
  • He also recommended that Nigerian-made goods be mandated for use in government offices, embassies, and trade missions, while calling for better funding and empowerment of the Industrial Revolution Working Group to act as a policy engine for industrial reform and innovation.

He emphasized that the ‘Nigeria First’ policy, which formed the theme of this year’s AGM “, Nigeria First: Prioritising Patronage of Made in Nigeria” is not just an industrial ambition but a matter of national economic survival.

“We must back the Nigeria First policy with legislation and enforce it across all Ministries, Departments and Agencies (MDAs). Compliance should be tied to performance metrics monitored by the National Bureau of Procurement,” Meshioye said.  

A shrinking manufacturing share 

Meshioye noted that despite Nigeria’s rebased GDP of $244 billion (N372.82 trillion), the share of manufacturing in the economy has declined, signaling “a bigger but less productive and less industrialised economy.” 

“The rebasing confirms that Nigeria’s economy is bigger, but less productive and less industrialised,” he said, warning that without deliberate industrial policies, the country risks deepening its dependence on imports and losing the opportunity to create sustainable jobs.

He stressed that prioritizing domestic production through annual local content benchmarks would help Nigeria save foreign exchange, drive innovation, and create a resilient economic structure.

“If we do not intentionally support our own manufacturers, we will not be able to compete globally. The ‘Nigeria First’ policy is about building national resilience, creating jobs at home, saving foreign exchange, and giving Nigeria the productive foundation it needs to be competitive globally,” Meshioye said.

What you should know 

Announcing the Nigeria First policy in May this year, the Presidency had declared that the Federal Government would bar all Ministries, Departments, and Agencies (MDAs) from procuring foreign goods and services where local alternatives exist.

  • Special Adviser on Media and Public Communication to President Tinubu, who made the announcement said the directive was one of the key resolutions adopted at the Federal Executive Council (FEC) meeting held at the time.
  • According to him, the Nigeria First Policy is designed to stimulate domestic production, enforce local content compliance, and overhaul the government’s procurement practices.
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

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