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.”

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