The Senate on Thursday, June 16, passed the public procurement act – a law to make buying Nigerian made goods compulsory.
decision was taken after consideration of the report of the committee on
public procurement sponsored by Joshua Dariye representing Plateau West
The bill is titled procurement act 2007 (amendment) bill 2007 (SB. 232).
Senate president, Bukola Saraki said while making his contributions that
the lawmakers have to play a role to ensure that the executive complies
with this decision. He added that many countries have used this means
to improve their economy positively as the lawmakers should inject their
full effort and support to make sure it works.
stimulating our economy, but again we all have a role to play to ensure
that the Executive comply 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 N3 trillion available to stimulate local production going on now.
the things that we have done today is also trying to strengthen the
process of awarding contracts, this will go a long way in helping budget
would go a long way in ensuring that most of the funds are available as
quickly as possible and jobs are actually completed,”he said.
He however commended his colleagues for the passage of the bill.