Local manufacturers in Nigeria will have a reason to smile again as the law passed by the Nigeria senate will help boost sales and revenue. to give priority to locally-manufactured products in all their procurement.
The Senate passed a bill to re-enact the Public Procurement Act, 2007. The law will, among other things, make it mandatory for government at all levels to give priority to locally-manufactured products in all their procurement. This decision was made after the consideration of the report of the Senate Committee on Public Procurement led by Senator Joshua Dariye.
According to him, the bill seeks to amend Section 15(1) of the Act by inserting additional clauses that will close the gap created by the Act, which is currently encouraging sharp practices in government’s procurement processes.
Dariye said, “Similarly, the issue of disposal, which is an integral aspect of procurement, has been aptly captured by the amendment in the new sub-clause 1(e). The committee has equally sustained the amendments of Section 34(1, 2) sought by the bill for the purpose of patronising made in Nigeria goods; this will go a long way to encourage our Nigerian manufacturers.