CIPPON decries monopoly of printing industry by foreigners

The Chartered Institute of Professional Printers of Nigeria (CIPPON) has lamented that foreign printers have monopolised the market, making it impossible for Nigerians to freely import paper into the country.

President and Chairman-in-Council, CIPPON, Mr. Olugbemi Malomo, said the ease of doing business in the country had allowed foreigners to come unhindered to retail level, thereby denying the industry opportunity to build capacity.

Malomo stated this, yesterday, during the second edition of the institute’s yearly national conferences in Abeokuta, the Ogun state capital, with the theme: “Using Regulation To Revive The Ailing Printing Industry.”

He also regretted that the obvious distortion in the equilibrium of the printing related economy of the nation has resulted in the current predicament of the “ailing” industry.

CIPPON president expressed concern that large numbers of printing jobs, including ballot papers, are done abroad to the detriment of the indigenous professional printers.

This, he said, was not due to lack of capacity of the Nigerian printers but “because people are taking advantage of outdated government policy.”

Earlier, the Guest Speaker, Dr. Rotimi Oladele, in his keynote address, charged the Federal Government to rescue the industry from imminent collapse caused by the incursion of foreigners into the industry.

He stressed the need for the protection of practitioners from foreigners, who he said, had almost hijacked the industry from the real practitioners.

“The printing industry is capable of generating billions of naira for the country as revenue, but unfortunately, the industry is not well co-ordinated.

“Both the government and the institute need to work together to fully tap into the multi-billion naira potentials in the industry.

“The printing serves as a veritable ground of providing millions of jobs for the teeming youths, that is why the industry needs to be properly regulated and rid of quacks,” Oladele said.