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Nairaland Forum / Nairaland / General / Politics / We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari (949 Views)
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We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by tinziemaine(m): 7:35pm On Sep 29, 2016 |
President Muhammadu Buhari has assured the Manufacturers Association of Nigeria (MAN) that his administration will eradicate bottlenecks and create an environment that can boost manufacturing. The President stated this at the 44 Annual General Meeting of MAN in Abuja on Thursday. According to him, the need to boost manufacturing has become imperative in view of the fact that the “manufacturing sector is well positioned to be a major driver of Nigeria’s economic growth’’. He maintained that government was focused on implementing necessary policies and strategies aimed at unleashing the full potentials of manufacturing in Nigeria. According to him, his administration will rely heavily on the association’s ideas and inputs at all stages of formulation and implementation of new industrial policies. “The manufacturing sector is well positioned to be a major driver of Nigeria’s economic growth because of our immense natural resources and the entrepreneurial spirit of Nigerians. “Government is therefore focused on implementing necessary policies and strategies aimed at unleashing the full potentials of manufacturing in Nigeria. “We will rely heavily on your ideas and inputs at all stages of formulation and implementation of new industrial policies. “For our part, we will remove bottlenecks and create a more business friendly environment. “Our strategic plan to boost manufacturing activities in the country is supported by the Nigeria Industrial Revolution Plan (NIRP) and the National Enterprises Development Programme (NEDEP). “These programmes, present a clear road map towards an industrialised Nigerian economy.’’ Buhari stated that his administration is convinced that the key to the nation’s economic diversification and subsequent survival lies in the agriculture and manufacturing sector. He said that a strong manufacturing sector would create more jobs and wealth for the citizens, adding that it would usher in sustainable economic prosperity “because we will produce what we consume as a nation and generate foreign exchange by exporting any surplus’’. The President said that his administration was working on improving the patronage of locally made goods, bridging the gap between skills required by industry and those provided by the educational institutions and access to finance for the Small and Medium-Scale Enterprises (SMEs). He added that the Federal Government recognised that MAN and other members of the Organised Private Sector (OPS) were key stakeholders in the journey. He said, “we will continue our engagement with you.’’ The President stated that he was inspired by the association’s commitment to a great Nigeria. He, therefore, urged them to join hands with government in making the ongoing efforts by government to revive the nation’s economy a success. He also urged them to ensure that the outcome of their deliberations would be to the benefit of all Nigerians, adding: “I look forward to receiving a communiqué of the deliberations from this meeting. “As events unfold in the coming months, many of you will be called upon to play critical roles in the implementation of this administration’s agenda. “I implore you to avail us your wealth of experience so that together we can uplift our nation’s economy and social well-being.’’ In his remarks, the President of MAN, Dr Frank Jacobs, commended the government for its new forex policy of allocating 60 per cent of all available foreign exchange to the manufacturing sector for the importation of raw materials and machinery. He also praised the Buhari-led administration for the efforts it is making towards improving infrastructure across the country. Jacobs also saluted the government’s efforts to end insurgency in the North Eastern part of the country. He said the efforts were yielding fruitful results. www.vanguardngr.com/2016/09/well-unleash-full-potentials-nigerias-manufacturing-sector-buhari/ Cc:lalasticlala Cc:Berlynn Cc: HERSLEY Cc: zinachidi Cc: LordScent 1 Like 1 Share |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by integrator(m): 7:41pm On Sep 29, 2016 |
Here we go again. Issorait |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by Nobody: 7:41pm On Sep 29, 2016 |
Dem don dey make another promise again. How much is a dollar in parallel market today? |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by ificatchmodeh: 7:43pm On Sep 29, 2016 |
Bubu.. |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by richidinho(m): 7:54pm On Sep 29, 2016 |
![]() I was busy counting the number of "i will, we will" in the speech, please are they still campaigning? |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by LoveMachine(m): 7:55pm On Sep 29, 2016 |
EastGold: It closed at 480 but sank to 490 something at its lowest. The men in the creeks have really done us in. If they would stop blowing pipelines things could get better but they have insisted on making all of us suffer in the name of their unholy war. But no worries it is well. |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by selch(m): 7:56pm On Sep 29, 2016 |
I try not to judge others because Im not seeing things from their point of view, but honestly This baba needs to stop making promise, giving speech or anything. Just work and let Nigerians see ur work |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by basilo101: 8:01pm On Sep 29, 2016 |
Yet you banned all their major raw materials, what an irony |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by proeast(m): 8:22pm On Sep 29, 2016 |
Anytime buhari opens his mouth to talk, only trash, rubbish and nonsense will come out. He is promising industrialization yet the few he met on ground are closing down, retrenching and moving out of Nigeria due to his policies, utterances and body odour. Na better one chance wey Nigerians enter so for this man hand! |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by Shiitposter: 8:29pm On Sep 29, 2016 |
"We will unleash the full potentials of nigerians manufacturing sector 6 months before general election" - Buhari. |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by redsceptic: 8:39pm On Sep 29, 2016 |
Someone please tell this old man to shut up. |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by HERSLEY(f): 10:36pm On Sep 29, 2016 |
Yeye man |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by Blue3k(m): 10:49pm On Sep 29, 2016 |
I won't bother to read OP post. Unless he plans on having stable power grid this is laughable. Then materials banned. Then currency controls hurting us. It's seems difficult to imagine but hey why not. |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by socialmediaman: 11:12pm On Sep 29, 2016 |
"In the coming months" Abi? Based on what tangible programmes initiated? What bills proposed or passed? I see nothing but the usual empty rhetoric.. |
Re: We’ll Unleash Full Potentials Of Nigeria’s Manufacturing Sector – Buhari by fliXzz(m): 4:28am On Mar 08, 2017 |
China is in a rush to automate their manufacturing industry with an aim: "...to bolster its tech sector in order to reduce its reliance on foreign companies." I feel the Nigerian Government's bid to revamp her Agricultural sector is one 'stone' that could help kill two birds, and even more if brilliantly handled. The Americans were able to leverage technologies borne out of desperate military demands, for the development of other sectors of economic importance. We can leverage Agriculture for this same purpose. In as much as I am very hopeful for Nigeria's success in slaying the 'primary bird' - food insecurity, and I look out for some good news daily, coming from states of the Federation in this regards, I must point out that I am equally as concerned with the one I feel should be the all important 'secondary bird' - our dead manufacturing industry, one which is even dead to an average key stakeholder, the Nigerian engineers. Every right thinking Government of a nation today, after concerning herself with how to best curb insecurity issues, is saddling herself with how to best attain a considerable level of self-sufficiency and economic relevance. They are all looking for opportunities to grow, develop, and gain more independence which brings about more respect and admiration globally. That's what China is doing. Where there is no natural cause for development, they just think about 'near-total independence' and that gives them what next to work on. It should be in Nigeria's plans to start owning what we have always been dependent on the developed world for and I believe that our strides towards Agricultural Renaissance can be a perfect stepping stone for our manufacturing industry. For our Government to attain her objectives, the Agricultural sector demands an extremely high level of MECHANIZATION. If we as a country decide to be independent of these mechanical assistance, it could also spark a resuscitation of our manufacturing industry, which in due course will begin to cater for the needs of other key sectors of the Nigerian economy. I have always had a question on my mind to which I have not gotten a justifiable response just yet. Our country is naturally endowed with raw materials for the manufacturing industry to thrive. Since we can't perform these magic the more developed guys perform, why not create an enabling environment upon which they can come and set up sustainable structures in our country and produce all these things, rather than keep depending on imports? This will help cut down on government expenditure in the long run, help in the intellectual development of our engineers and technologists, and will further engender the birth of similar indigenous companies with the capacity to thrive. Better still, if that's not a good enough track to follow, probably due to certain unfavourable economic deductions from such action of which I am not aware of, then what happens with giving equal opportunities to talented Nigerian citizens to go out there and obtain these knowledge, with which they can come back home and make ample use of to the good of the country. Yes, attempts have been made in this regards, but in a country with well over 130Million youths, we need way more opportunities, with less prejudice in the selection processes. It is also important to note that an enabling environment is also of great importance for effective application of knowledge gained. This wasn't supposed to be an essay, but just a means of giving an opinion. My dear politicians, lawmakers, professors, economists, preachers, students, graduates, talk is cheap please, so enough of it already. Enough castigating of present and previous administrations; enough arguments on who performed better and who is making things worse; enough of all the corruption and anti-corruption deliberations; all these exist in developed nations but they are not allowed to be blown out of proportion, neither are they allowed over shadow the responsibilities of the leadership and the citizenry over there. Whatever is not healthy for one should be let go. I believe we all mean well for the future of this great nation, hence like other well meaning nations of the world, lets begin to take 'maximum advantage' of every opportunity that comes at us for the development of Nigeria. Its high time we take full responsibility as The BIG BROTHER in AFRICA. Like the Chinese, let's strive for self-sufficiency and economic sustainability with a burning passion that cannot be quenched by one, or a few men's incapacities. Let our collective strength compliment the few weaknesses we have amidst us, and the eagle and horses on our coat of arms will gain relevance once again. I see the issue of food insecurity in Nigeria as an avenue to help make a lot of things work. There has been talks concerning patronizing 'Made in Nigeria' products, which is a good start if taken serious, but ensure Nigeria's Agricultural Renaissance is driven by equipment and machinery made in, or assembled in Nigeria at least, and you will be awakening another key driving force of the Nigerian economy. #NigeriaWillWork #OneNigeriaForever I am Felix, Bernard K., A Nigerian Engineering graduate who really wants to be useful. You can find the article on China's automation strides on the link below. tinziemaine: |
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