In his pursuant to improve local content in public procurement in the award of contracts and expertise, President Muhammad Buhari on Thursday signed the Executive Order 5 into Law.
Signing the Order 5 into Law on Monday, June 3rd, at the Presidential Villa. President Buhari said all public procurements with science, engineering and technology components shall henceforth be given preference to Nigerians companies and firms in the award of contracts in order to achieve the nation’s developmental goals across all sectors of economy.
Also in the Order 5, signed by President Buhari, consideration shall only be given to a foreign professional, where it is certified that such expertise is not available in Nigeria.
The president, pursuant to the authority vested in him by the Constitution, ordered that all ‘‘procuring authorities shall give preference to Nigerian companies and firms in the award of contracts, in line with the Public Procurement Act 2007.’’
In the proclamation entitled ‘Presidential Executive Order 5 For Planning And Execution Of Projects, Promotion Of Nigerian Content In Contracts And Science, Engineering And Technology, President Buhari also reportedly directed Ministries, Departments and Agencies to engage indigenous professionals in the planning, design and execution of national security projects. It adds that ‘‘consideration shall only be given to a foreign professional, where it is certified by the appropriate authority that such expertise is not available in Nigeria.’’
The Executive Order also reportedly prohibits the Ministry of Interior from giving visas to foreign workers whose skills are readily available in Nigeria. It, however, notes that where expertise is lacking, procuring entities will give preference to foreign companies and firms with a demonstrable and verifiable plan for indigenous development, prior to the award of such contracts.