The newly introduced Nigeria first economic policy by the Federal Executive Council FEC targeted at prioritizing the use of locally manufactured goods and services in all government procurement, has been recognized as the vehicle to drive Nigeria back to industrialization
Minister of Interior, Tunji-Ojo stated indigenous manufacturers will be able to compete with their foreign counterparts with the new policy. He made this known on Thursday during Channels Television’s Youth Forum, a live interactive programme.
Recall, the policy on May 5, was made public by Minister of Information and National Orientation, Mohammed Idris, which put Nigeria first in all procurement processes.
Tunji-Ojo added that the second crucial policy of the Tinubu administration is the Naira for Crude policy, which he said has helped stabilise the price of petrol in Nigeria.
He said Dangote Refinery and whatever, the prices of refined fuel are coming down despite the fact that it is increasing in the international market.
According to Tunji-Ojo the decisions should have been taken decades ago, although late, it was necessary
