Senate Passes Bill Forcing Gov’t To Purchase Made-In-Nigeria Goods

The senate has mandated Government agencies to
patronise made-in-Nigeria goods following the passage
of the Public Procurement Act 2007 (amendment) bill
2016, which seeks to promote local contents.

Speaking after the consideration of a report on the bill,
Senate President Bukola Saraki emphasised that priority
must be given to local goods.

He said: “In stimulating our economy, we all have a role
to play to ensure that the executive complies especially
in the area of giving first priority to locally-produced
goods.

“This has helped many countries to develop when they
had issues of downturn in their economy. I believe that
having over N3trn available to stimulate local production
going on now.

“One of the things that we have done today is also trying
to shorten the process of awarding contracts; this will go
a long way in helping budget implementation.

“It would go a long way in ensuring that most of the
funds are available as quickly as possible and jobs are
actually completed. I want to commend my colleagues for
passing this bill.”