General
Nigeria First Policy: BPP, SON Partner on Industrial Standard Integration
By Adedapo Adesanya
The Bureau of Public Procurement (BPP) and the Standards Organisation of Nigeria (SON) have deepened their collaboration to integrate Nigerian Industrial Standards (NIS) into the procurement process for goods, works, and services as part of efforts to align public procurement with national economic priorities
This step is part of the federal government’s Nigeria First policy under the administration of President Bola Tinubu.
The initiative draws its authority from Paragraph 13 of the Secretary to the Government of the Federation (SGF) Circular Ref No. 59780/S.2/B/532 dated May 27, 2025, which mandates prioritisation of Made-in-Nigeria goods and the requirement for all procurement activities to conform to established Nigerian standards.
According to a joint statement, the partnership was strengthened at a high-level strategy meeting held on July 10, 2025, at the BPP Headquarters in Abuja. Both agencies affirmed their commitment to integrating NIS into the federal procurement framework, to improve the quality of government projects, protect public investments, and bolster local production and services.
Among the major resolutions from the meeting is a new requirement that companies bidding for government contracts must present a valid certificate of subscription to SON’s Digital Standards Platform (DSP). This certificate, which will serve as a prequalification document, confirms access to applicable standards for their products and services.
Additionally, all Ministries, Departments, and Agencies (MDAs) will now be required to utilise the DSP during procurement planning and specification writing. This ensures that procurement specifications are based on prescribed standards, allowing for early verification of compliance and guaranteeing quality from the outset.
In preparation for full implementation, MDAs have been directed to begin updating their procurement procedures, ensuring access to the DSP and integrating standard requirements into all bidding documents.
Meanwhile, companies and stakeholders in the procurement value chain are encouraged to begin subscribing to the DSP to access relevant standards and secure their subscription certificates in anticipation of enforcement.
The federal government stated that by mandating Nigerian standards in procurement, the initiative will help reduce substandard imports, stimulate local production, and reinforce Nigeria’s industrial capabilities.
The statement added that officials from SON and BPP expressed confidence that the integration of standards into procurement will improve the credibility of government projects, promote industrial self-reliance, and build public trust in procurement outcomes.
“All stakeholders are enjoined to embrace these changes,” the statement read, “as the resulting procurement system will not only champion ‘Nigeria First’ but also uphold a ‘Quality First’ ethos that benefits all.”
General
Nigeria’s New Alphanumeric Postcode System to Launch October 1
By Adedapo Adesanya
The Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, has announced that Nigeria will launch a new alphanumeric postcode system on October 1, 2026, with every home expected to have a unique postcode.
Mr Tijani disclosed the development in a video post on X, describing the new system as a more precise and digitally oriented approach to addressing locations across the country.
He said the initiative would mark a significant shift in Nigeria’s postal addressing system by assigning unique postcodes to individual homes.
The initiative marks a major step in Nigeria’s digital transformation agenda. By replacing the outdated numeric-only system, the alphanumeric codes provide a more flexible and scalable framework that can accommodate the country’s rapid urban growth and diverse settlement patterns.
For emphasis, an alphanumeric postcode system is a postal indexing system that uses a combination of both letters (alpha) and numbers (numeric), along with spaces or punctuation, to identify specific geographic locations, streets, or individual buildings for mail delivery.
Unlike purely numeric postcode systems (such as the 5-digit US ZIP Code or 5-digit codes used in some European countries), alphanumeric codes offer a much higher number of unique combinations using fewer total characters. This flexibility allows postal authorities to pinpoint locations with incredible precision, often down to a single side of a street or a specific large building.
“On October 1st 2026 Nigeria’s new Alphanumeric Postcode System goes live,” Mr Tijani said.
“For the first time, every home will be assigned a unique postcode that’s simple, precise and built for a digital future,” he added.
The minister urged Nigerians to prepare to generate their individual postcodes ahead of the launch.
The new system is expected to strengthen Nigeria’s digital addressing infrastructure and improve the identification and location of homes and properties for postal and other location-based services.
The initiative is being implemented in collaboration with the Nigerian Postal Service (NIPOST) as part of broader efforts to modernise the country’s addressing and digital infrastructure.
General
Tinubu Directs Finance Minister to Give Reforms Scorecard to Nigerians
By Modupe Gbadeyanka
The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has been directed to give an account to Nigerians on how the current government has fared since its inception on May 29, 2023.
This directive was given by President Bola Tinubu in a message posted on his verified social media handles on Wednesday.
This coincides with the commencement of campaigns for the 2027 presidential election scheduled for January 16.
According to the timetable of the Independent National Electoral Commission (INEC), candidates seeking to become the country’s president are eligible to kick off their campaigns from today, Wednesday, August 19, 2026.
In his message today, Mr Tinubu said, “When we began this journey of reform in 2023, I promised that the difficult decisions we were making would serve the purpose of building an economy that works better for you and a country that is stronger for our children.
“Today, your government presents The Reforms Scorecard. It sets out what our reforms have achieved, what they have cost us, and the greater costs and harms we have prevented by acting when we did.
“I have therefore directed the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, to give an account to Nigerians, to explain the numbers, the choices we have made, the progress recorded, and the work that remains.
“You deserve to see the numbers. You deserve to know what has changed and what these reforms mean for you, your family, your business and our country.
“This is your government. This is your country. This is our account to you.”
Shortly after he took the oath of office over three years ago, President Tinubu declared that subsidies on petroleum products were gone. He later approved foreign exchange (FX) reforms, which devalued the Nigerian Naira, shooting from about N800 per Dollar to nearly N2,000 per Dollar. However, it is currently slightly above N1,340 per Dollar in the official market.
General
NNPC, Agip Intensify Efforts to Develop 500m-Barrel Deepwater Assets
By Adedapo Adesanya
The Nigerian National Petroleum Company (NNPC) Limited and the Nigerian Agip Exploration (NAE) Limited are advancing discussions on the development of deepwater assets estimated to hold 500 million barrels of oil reserves.
The development followed a meeting between the chief executive of the state oil company, Mr Bayo Ojulari, and Agip’s Vice Chairman and Managing Director, Mr Maurizio Pinna, in Abuja.
The talks focused on ongoing work on deepwater acreage jointly held by NNPC, NAE and Shell Nigeria Exploration and Production Company (SNEPCo) as well as plans to bring the associated resources into production.
According to NNPC, the acreage comprises the Zabazaba and Etan deepwater fields, with estimated reserves of about 500 million barrels.
The fields are located in Nigeria’s deepwater terrain and are considered significant to the country’s efforts to expand its upstream oil production base, particularly as operators seek to advance projects capable of delivering additional barrels over the medium to long term.
While details of the expected production timeline were not disclosed, the meeting underscores renewed industry focus on unlocking Nigeria’s deepwater resources and growing crude oil production.
The acreage comprises licences converted from OPL 245 and is operated by NAE in partnership with NNPC Limited and SNEPCo.
Mr Ojulari and Mr Pinna also reviewed the work currently underway on the assets and the expected production outlook, with the discussions centred on advancing deepwater development.
The engagement comes amid renewed efforts to attract investment into Nigeria’s offshore petroleum resources and increase national oil production.


