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Join date: Jan 6, 2022
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Uwa is OVAC Group Chief Executive
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Mar 4, 2026 ∙ 2 min
Executive Order 5 - How Nigerian businesses can turn local content into a competitive edge
For years, Nigerian firms have struggled to compete with multinational giants for major engineering and technology contracts. Executive Order 5 (EO5) changes that reality. It is a legally enforceable framework that gives Nigerian companies priority in government contracts and makes local content a core scoring factor. EO5 shifts competition away from financial muscle and toward proven Nigerian capacity. This guide shows how SMEs can use EO5 as a growth tool, not just a compliance requirement.
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Feb 18, 2026 ∙ 2 min
Unlocking opportunities in Nigeria’s renewed hope procurement policy
For years, Nigerian SMEs have seen the government procurement space as off‑limits, dominated by big players and foreign firms. That era is over. The Federal Government’s Nigeria First Policy, a key part of the Renewed Hope Agenda, now requires all Ministries, Departments, and Agencies (MDAs) to prioritise Nigerian goods and services in every procurement decision. This is a legally enforceable shift, not a slogan. For SMEs that are compliant and prepared, it opens the door to stable, high‑value g
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Feb 4, 2026 ∙ 2 min
CIT exemption for small companies in Nigeria - the new ₦50m rule explained
Nigeria’s 2025 tax reforms introduced a major benefit for small businesses: a 0% Company Income Tax (CIT) rate for companies that meet the new definition of “small.” It’s a huge cash‑flow advantage, but only if you understand the rules and stay compliant.
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Enyidiya Uwa Ojike | Chief Executive Officer
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