Nigeria First Policy: Manufacturers Demand Local Content Targets
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to introduce annual local content benchmarks for government procurement.
MAN President, Otunba Francis Meshioye, made this appeal during the 5th Adeola Odutola Lecture, stating that such a framework would ensure government agencies prioritize Made-in-Nigeria products.
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 include automobiles, textiles, pharmaceuticals, and agro-processing.
- Introduction of annual local content benchmarks would stimulate domestic production and strengthen the country’s industrial base.
Author's summary: Manufacturers demand local content targets to boost domestic production.