{"id":118447,"date":"2025-05-06T23:37:54","date_gmt":"2025-05-06T22:37:54","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=118447"},"modified":"2025-05-06T23:37:54","modified_gmt":"2025-05-06T22:37:54","slug":"engineer-lauds-tinubus-nigeria-first-policy-says-it-will-boost-local-industries","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/engineer-lauds-tinubus-nigeria-first-policy-says-it-will-boost-local-industries\/","title":{"rendered":"Engineer Lauds Tinubu\u2019s Nigeria-First Policy, Says It Will Boost Local Industries"},"content":{"rendered":"<div id=\"m#msg-f:1831410719856869258\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\" style=\"text-align: justify;\"><\/div>\n<div id=\"m#msg-f:1831410719856869258-content\" class=\"mail-message-content collapsible zoom-normal mail-show-images \" style=\"text-align: justify;\">\n<div class=\"clear\">\n<div><\/div>\n<div>By Tracy Moses<\/div>\n<div><\/div>\n<div>A member of the Nigerian Society of Engineers (NSE), Engr. Abdullahi Hashim, has thrown his weight behind the newly approved federal government procurement policy, describing it as a catalyst for economic transformation and industrial growth in Nigeria.<\/div>\n<div><\/div>\n<div>The policy,\u00a0 a fallout from Federal Executive Council (FEC) meeting presided over by President Bola Ahmed Tinubu, places a ban on the procurement of foreign products that can be sourced locally.<\/div>\n<div><\/div>\n<div>Reacting to the development on Tuesday, May 6,\u00a0 2025, Engr. Hashim, who also serves on the Council for the Regulation of Engineering in Nigeria (COREN) and is a Harvard University alumnus, lauded the president for what he termed a \u201cbold and strategic move\u201d to prioritize homegrown solutions in national development.<\/div>\n<div><\/div>\n<div>In a statement issued to journalists in Abuja on Tuesday, Hashim said the \u201cRenewed Hope Nigeria-First Procurement Policy\u201d was a visionary step that will chart a new course for Nigeria\u2019s economic direction by strengthening indigenous capacity and reducing the nation\u2019s reliance on foreign imports.<\/div>\n<div><\/div>\n<div>\u201cI sincerely commend President Tinubu\u2019s courageous decision to implement this policy. It demonstrates leadership focused on fostering local talent, stimulating internal productivity, and driving sustainable economic growth,\u201d he said.<\/div>\n<div><\/div>\n<div>The policy, according to the Minister of Information and National Orientation, Mohammed Idris, mandates that all Ministries, Departments, and Agencies (MDAs) must give preference to local content in their procurement processes. Waivers for foreign alternatives will only be issued by the Bureau of Public Procurement (BPP) when no feasible local options are available.<\/div>\n<div><\/div>\n<div>Hashim expressed confidence that the policy will not only revitalize local industries but also create jobs, improve technical skills, and reinforce Nigeria\u2019s industrial backbone.<\/div>\n<div><\/div>\n<div>\u201cThis is a game-changing policy with the potential to unlock economic empowerment. It signifies that the President is breathing new life into the economy by stimulating innovation and creating opportunities for Nigerians,\u201d he noted.<\/div>\n<div><\/div>\n<div>He further stressed that the policy will bolster business confidence, encourage entrepreneurship, and help reclaim economic sovereignty. \u201cIt is a major boost for local manufacturers and entrepreneurs. It assures them of government support and market access, which are vital for business growth.\u201d<\/div>\n<div><\/div>\n<div>Hashim added that the initiative also aligns with international best practices by promoting sustainability and lowering the nation\u2019s carbon footprint.<\/div>\n<div><\/div>\n<div>He called on both public and private sector stakeholders to rally behind the policy, ensuring its full implementation and success.<\/div>\n<div><\/div>\n<div>\u201cWe applaud President Tinubu\u2019s commitment to nation-building and anticipate the profound impact this policy will have on our economy and society at large,\u201d he stated.<\/div>\n<div id=\"m_-3953398726264543864ymail_android_signature\"><\/div>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Tracy Moses A member of the Nigerian Society of Engineers (NSE), Engr. Abdullahi Hashim, has thrown his weight behind the newly approved federal government procurement policy, describing it as&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":118448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-118447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Engineer Lauds Tinubu\u2019s Nigeria-First Policy, Says It Will Boost Local Industries - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/engineer-lauds-tinubus-nigeria-first-policy-says-it-will-boost-local-industries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Engineer Lauds Tinubu\u2019s Nigeria-First Policy, Says It Will Boost Local Industries - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"By Tracy Moses A member of the Nigerian Society of Engineers (NSE), Engr. 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