It will boost job creation – Expert lauds Tinubu’s ban on foreign goods imports

An expert and popular engineer, Abdullahi Hashim, has hailed President Bola Ahmed Tinubu for approving the Nigeria-First Procurement Policy banning foreign goods imports.

This comes as Hashim said that the policy would reshape Nigeria’s economic trajectory and boost job creations.

In a statement made available to Media Talk Africa on Tuesday, Hashim stressed that the policy would significantly stimulate local industries, reduce dependency on foreign products, and provide a much-needed boost to indigenous engineering capacity.

“I commend Mr. President’s courageous leadership in implementing the Renewed Hope-Nigeria First Procurement Policy, a palpable initiative that will indelibly shape our nation’s economic trajectory. By prioritising locally made products in government procurement, you are fostering a culture of self-reliance, boosting internal productivity, and promoting economic growth,” Hashim stated.

Hashim expressed optimism that the implementation of the policy would lead to enhanced job creation, improved technical competence, and the strengthening of Nigeria’s industrial base.

According to him, “This visionary policy will have far-reaching impacts on the economic empowerment, which means Mr. President is injecting lives into our economy, creating jobs, and stimulating innovation.”

Recall that President Tinubu on Monday approved the ban on foreign goods imports, aimed at boosting local production.

 

 

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