Reps Moves To Protect Local Manufacturers and Indigenous Companies

House of Representatives Moves To Protect Local Manufacturers, Indigenous Companies

To boost patronage of made-in-Nigeria goods, the House of Representatives has passed a bill for second reading seeking to make it mandatory for Ministries, Departments to procure goods and services from local manufacturers and indigenous companies.
The bill titled “Local Industry Patronage Bill, 2024,” seeks to allow for local goods and services to be mandatorily given priority.
The bill aims to give priority to local manufacturers and indigenous companies, and to prohibit the exclusion of locally produced goods in the procurement process.
Rep. Jesse Okey-Joe Onuakalusi, Oshodi/Isolo Federal Constituency II, Lagos State, sponsored the bill and was consolidated with a similar bill by Hon. Obi Aguocha and Hon. Nnamdi Ezechi.