• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 1, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Automotive Council, Procurement Bureau Sign Agreement To Implement ‘Nigeria First’ Policy

Kingsley Alu by Kingsley Alu
2 months ago
in Business
images 2026 05 22T165632.488
Share on WhatsAppShare on FacebookShare on XTelegram

The National Automotive Design and Development Council (NADDC) and the Bureau of Public Procurement (BPP) have signed an agreement on the implementation of federal government’s “Nigeria First” policy, aimed at reshaping procurement practices and strengthening local industrial capacity.

The agreement was signed on Friday at the BPP headquarters in Abuja, formally setting the framework for Ministries, Departments and Agencies (MDAs) to prioritise Nigeria-assembled vehicles in public procurement.

Speaking after the signing, NADDC director-general, Joseph Osanipin, described the initiative as a major shift in Nigeria’s economic and industrial direction.

Osanipin said the policy represents an “economic imperative” designed to create jobs, deepen local manufacturing, and retain value within the domestic economy.

According to him, the framework goes beyond procurement reform and is intended to rebuild the country’s automotive ecosystem while expanding industrial capacity.

“For too long, our nation has been a consumer of foreign-made automotive products, a trend that has limited our economic potential and hindered the growth of our local assemblers.Today, under the guidance of the Nigeria First Policy, we are fundamentally shifting that paradigm,” he explained.

Osanipin said the policy would drive investment in local assembly plants, strengthen technical expertise, and expand supporting infrastructure such as service centres and supply chains.

He added that prioritising local procurement would ensure that public spending on vehicles circulates within the domestic economy, rather than being repatriated abroad.

“Every vehicle procured locally creates jobs for Nigerians and ensures that the wealth generated through public expenditure remains within our economy,” he said.

The DG said strict compliance measures would be enforced, including the use of Vehicle Identification Number (VIN) verification to ensure traceability and adherence to quality standards.

Osanipin added that only assemblers with verifiable operations would be eligible for government contracts, noting that NADDC would maintain a register of compliant firms and work closely with the BPP on due diligence processes.

RELATED NEWS

NUPRC Proposes Swap Solution To Close 35% Domestic Gas Delivery Gap

TCN Disputes 2,500MW Stranded Power Figure, Cites 345MW Undispatched Capacity

ECOWAS Bank Approves $91.63m For 24 Road, Bridge Projects In Bauchi

“To the procuring entities, I urge you to see this not as a regulatory burden but as a commitment to national development,” he said.

He also said the Council would support stakeholders with capacity-building initiatives to ease the transition into the new procurement framework.

Osanipin commended the BPP for its collaboration, describing the agreement as a foundation for a more resilient and self-sustaining automotive industry.

“In conclusion, procurement is a powerful tool for economic engineering. By choosing to buy Nigerian, we are not just acquiring vehicles; we are investing in the Nigerian dream,” he said.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn as much as $15,000- $25,000 with premium domains. You decide if you want payment in Naira or US Dollars. Be sure to ask for evidence and proof of people benefitting daily from this. CLICK HERE TO START
Kingsley Alu

Kingsley Alu

Kingsley Alu is a Business Journalist and Editor at Leadership Newspaper, with deep expertise in investigative reporting across industry, trade, investment, economic policy, financial markets, industrial development, and governance. He is known for combining investigative rigour with data analytics to produce reporting that informs policymakers, investors, and corporate leaders.

OTHER NEWS UPDATES

NUPRC Proposes Swap Solution To Close 35% Domestic Gas Delivery Gap
Business

NUPRC Proposes Swap Solution To Close 35% Domestic Gas Delivery Gap

6 hours ago
Transmission Company Plans Compensation For Affected Persons Along Mando–Rimin Zakara 330kV line
Business

TCN Disputes 2,500MW Stranded Power Figure, Cites 345MW Undispatched Capacity

6 hours ago
ECOWAS Bank Approves $91.63m For 24 Road, Bridge Projects In Bauchi
Business

ECOWAS Bank Approves $91.63m For 24 Road, Bridge Projects In Bauchi

6 hours ago
Next Post
Bayelsa Rep Agbedi Raises Alarm Over Rising Political Defections

Bayelsa Rep Agbedi Raises Alarm Over Rising Political Defections

Advertisement

LATEST UPDATE

Sokoto City Boys Director Ma’sud Condoles Sultan Over Demise Of Alhaji Abubakar

1 minute ago

Child Sexual Abuse: Zamfara CBCPS Launches Sensitization Campaign

9 minutes ago

The Dislocated Dream: South Africa’s Xenophobic Problem and the Risky Future of the African Unity.

10 minutes ago

FIFA Investment Plan Threatens World Cup Integrity – Burnham

42 minutes ago

Yahaya Bello Applauds Tinubu, Ribadu Over Security Gains

46 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.