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Businessman asks FG, states to industrialise the country

By Michael Egbejule, Benin City
01 December 2021   |   2:46 am
Businessman, Dr. Ceasar Osaheni Iyayi, yesterday, called on President Muhammadu Buhari and‎ 36 state governors to come up with strategies towards industrialising the country.

Businessman, Dr. Ceasar Osaheni Iyayi, yesterday, called on President Muhammadu Buhari and‎ 36 state governors to come up with strategies towards industrialising the country. 
 
He made the call while speaking with journalists in Benin City‎ ahead of the public presentation of his book titled: “The ABC of how to Industrialise Nigeria.”

Iyayi identified electricity as a key requirement.
 
To achieve this, he advised the Federal Government to authorise entrepreneurs to use gas being flared‎ to set up industries and to create employment for the unemployed in the country, stressing: “We should put all our energy into manufacturing, using gas.”
 
He also urged both tiers of government to synergise, to bring in LM 2500 that generates between 32 and 33 megawatts of electricity and connect to where gas is being flared.

 
Stating that the world has set 2040 to phase out the use of fossil fuel, he warned the country not to wait to be caught off guard, saying that Africa has 18 years to start doing something.

“If we wait for 2040, it will be too late,” he warned.
 
According to him, Nigerians are arguably the smartest people on earth, who have the sagacity and managerial ability to perform, but what is lacking is leadership. He emphasized that President Buhari had a duty to give the country a direction.

 
‎Iyayi pointed out that no country would be industrialised by foreigners, warning that Nigeria should not depend on foreigners to industrialise.

He cited the takeover of Delta Steel Company (DSC) by the Indians for 15 years as an example, noting that they failed‎ to produce a sheet of iron thereafter because they were protecting their industry at home.

He also cited what China is doing to Hong Kong and Taiwan and predicted that China would soon take over Africa in search of new frontiers‎ for its ever-growing population.

 

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