‘How patronage of made-in-Nigeria goods can help our economy’
The Institute for Government Research Leadership Technology has called on Nigerians to continuing the patronage of ‘made-in-Nigeria’ goods to boost foreign exchange earnings.
Chief Executive Officer (CEO) of the Institute, Ambassador Moses Essien, made this plea in Lagos at the just concluded 2016 edition of the African Products Forum and Awards where he also stressed that such patronage would increase the nation’s Gross Domestic Products (GDP).
He noted that the Federal Government must create an enabling environment for the locally made goods to thrive in the country by making good policies which, he said would “motivate and encourage local manufacturers to produce quality goods that would be accepted locally and internationally.”
Pointing at the Nollywood industry and the amount of revenue generated for the country annually and the promotion of local products such as textile materials, songs and other cultural values, Essien said that the country could even earn more by investing in diverse locally made goods such as agricultural produces, hand made goods and consumable items.
Also at the occasion, the Lagos State Governor, Mr. Akniwunmi Ambode, who commended the Institute for promoting indigenous products that could be traded in the global market, decried what he termed “high dependence on foreign products” by Africans saying that such can only further impoverish the masses.
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