Leverage ‘Nigeria First’ Policy To Grow Economy, Federal Government Tells Indigenous Firms

The Federal Government has called on indigenous companies across all sectors of the economy to leverage on the full potentials of the ‘Nigeria First’ Policy, a strategic initiative designed to promote local content, stimulate economic growth and strengthen Nigerian industries for economic development.

The Secretary to the Government of the Federation (SGF), Sen. George Akume, made the call when the Managing Director and Founder of Solewant Group, Solomon Ewanehi, paid him a courtesy visit in Abuja.

In a statement by the director of media in the Office of SGF, Segun Imohiosen, he reaffirmed the commitment of the Tinubu-led administration to creating a conducive environment for Nigerian businesses to flourish through the ‘Nigeria First’ Policy, which is yielding positive results.

He, therefore, called on the indigenous companies to take advantage of the policy to reduce the nation’s dependency on imported products and services.

Senator Akume commended the Founder of the Solewant Group for taking bold steps towards harnessing the divestment opportunities created by foreign International Oil Companies (IOCs) by investing in the oil and gas sectors with steel pipes, metal fabrication, and specialised coating solutions.

Speaking earlier, the Managing Director and Founder of Solewant Group, Solomon Ewanehi, said that his company was spreading its tentacles across the production of steel pipe, coating materials and coating products as well as supply of coated pipe to oil and gas industry in Nigeria and across Africa.

He also added that his company was working in line with the Federal Government’s marching order to the Petroleum Technology Association of Nigeria (PETAN) and other industry stakeholders to support initiatives aimed at significantly increasing the nation’s crude oil production.

He also acquainted the SGF of the firm’s plan to host the 9th Africa Energy Summit billed for November 27–28, 2025 in Port Harcourt, Rivers State, where industry experts will converge to discuss on ways and means to improve on how we can increase productivity of crude oil and also be able to bridge up with the world.