Nigeria First Policy: Manufacturers Demand Yearly Local Content Targets
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to introduce annual local content benchmarks for government procurement in key sectors.
MAN President, Otunba Francis Meshioye, made the appeal during the 5th Adeola Odutola Lecture and Presidential Luncheon, stating that such a framework would prioritize Made-in-Nigeria products and strengthen the country's industrial base.
Meshioye explained that Nigeria's manufacturing sector is currently operating in "a very challenging environment" worsened by weak enforcement of local patronage policies and continued dependence on imports.
- Key sectors affected: automobiles, textiles, pharmaceuticals, and agro-processing
- Goal: stimulate domestic production and strengthen the country's industrial base
Author's summary: Manufacturers demand local content targets in government procurements.
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