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Government & Politics

Senate passes bill compelling Government to patronise made-in-Nigeria goods

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The senate has passed into law the Public Procurement Act 20‎07 (amendment) bill 2016, which seeks to promote local content.

The bill makes it mandatory for government agencies to patronise made-in-Nigeria goods.

It is one of the priority bills of the eighth senate.

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

‎”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,” he said.

“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.

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“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.”

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