• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, August 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Enforcement Of Executive Order To Enhance Support For Local Industries

by Olushola Bello
1 year ago
in Columns
Share on WhatsAppShare on FacebookShare on XTelegram

Industry stakeholders have urged the federal government to enforce the provision of executive orders 003 and 005 targeted at growing domestic production through the patronage of locally produced goods.

Advertisement

Executive Order 003 states that all Ministries, Departments and Agencies (MDAs) shall grant preference to local manufacturers of goods and service providers, in their procurement of goods and services.

Executive Order 005 directs all MDAs to engage indigenous professionals in the planning, design and execution of national security projects and maximize in-country capacity in all contracts and transactions with science, technology and engineering components.

In the Manufacturers Association of Nigeria (MAN) CEO’S Confidence Index (MCCI) survey revealed that operators in the sector expect that the Executive Order will significantly reduce the cost of inputs, particularly Active Pharmaceutical Ingredients (API), which will help boost sales and reduce pressure on the forex.

Speaking on this, the director-general of MAN, Segun Ajayi-Kadir said that the government should enforce Executive Order 003 to enhance support for local industries and ramp-up domestic production by restricting access to forex for the import of products manufactured locally.

RELATED

Remembering Nigeria’s Victims Of Terror

Remembering Nigeria’s Victims Of Terror

3 days ago
Agwu Becomes Fellow Of NIPR

My Encounter With Mufu The Vulcanizer

5 days ago
ADVERTISEMENT

MAN said there is need to set up an Inter-Ministerial Committee to monitor and enforce the implementation of the Executive Order 003 and the Public Procurement Act 2007.

“Mandate contractors in Government Ministries, Departments and Agencies at the different tiers of government including security, military and para-military agencies to give priority to the patronage of made-in-Nigeria products in line with the Executive order 003.

“Effectively apply the subsisting margin of preference of 40 per cent and introduce monitoring mechanisms as well as sanctions for non-compliance, including prosecution of offending public servants.

ADVERTISEMENT

“Train and re-train stakeholders such as MDAs, exporters, staff of the Nigerian embassies and High Commissions on favourable economic diplomacies capable of promoting local and international publicity for made-in-Nigeria products.”

Also, the director/CEO of Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf stated that in the spirit of the economic transformation programmes of the current administration, it is imperative to ensure effective implementation of Executive order 003 which prescribes that preferences must be given to local manufacturers of goods and service providers in the public procurement of goods and services by the MDAs.

“There is also Executive order 005 which focuses on improvement in local content in public procurement with science, engineering and technology components. But a policy can only be as good as its implementation. These executive orders have been flagrantly violated overtime without consequences,” he said.

Yusuf appealed to the presidency to ensure compliance by the MDAs with these executive orders in the spirit of current efforts to boost domestic production, grow domestic talents and reform the economy.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10168Tweet6355Share
ADVERTISEMENT
Previous Post

From The DNC: Lessons For Nigerian Political Parties

Next Post

Community Resilience Against Terrorism

Olushola Bello

Olushola Bello

You May Like

Remembering Nigeria’s Victims Of Terror
Backpage

Remembering Nigeria’s Victims Of Terror

2025/08/25
Agwu Becomes Fellow Of NIPR
Columns

My Encounter With Mufu The Vulcanizer

2025/08/23
By-Elections And The Reality Check
Columns

By-Elections And The Reality Check

2025/08/23
Unveiling Some Jumu’ah Matters
Columns

Unveiling Some Jumu’ah Matters

2025/08/22
Putin As The President’s Medicine
Backpage

Putin As The President’s Medicine

2025/08/22
North Central At A Crossroads Of Promise
Columns

North Central At A Crossroads Of Promise

2025/08/19
Leadership Conference advertisement

LATEST

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

Bayern Defeat Wiesbaden 3-2 In Dramatic German Cup Clash

African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes

Tinubu Departs Brazil En Route Abuja

Tennis Scoring System

JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List

Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada

Niger Delta People Live On $2 Daily Despite $1trn Oil Revenue — INC

BBNaija10: Dede, Kola Spark Intimacy Rumours After Late-night Moment

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.