Economist Urges Law to Enforce Nigeria First Policy for Economic Self-Reliance
The Centre for Promoting Private Enterprise (CPPE) urges the Nigerian government to enact legislation to enforce the Nigeria First Policy, aiming to boost local content, domestic production, and economic self-reliance. Dr. Muda Yusuf, the CEO of CPPE, emphasizes the need for a comprehensive legal framework to institutionalize the policy across various sectors of the economy.
The proposed law seeks to prioritize Nigerian goods, services, labor, and enterprises, moving beyond mere policy pronouncements to establish an incentive-driven system. This initiative aims to address past shortcomings, enhance economic security, stimulate job creation, and foster inclusive growth through structural transformations.
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