Re: Paying lip service to made-in-Nigeria products
Sir: It amounts to paying lip service to made-in-Nigeria products and industrialisation with its beneficial linkages, lifting the masses from poverty and rapid national development when the Federal Government, one, fails to restrict items procured for government business to what is produced locally in the first instance; two, pretends not to realise that import tariffs are a tool for protecting domestic production and consumption rather than an avenue for amassing public revenue.
That statement above is the key to most of Nigeria problem. If you want to develop your economy, you have to first produce what your consumer. This would help with quality improvement, skill development, capacity building and reduction of capital flight. The Federal Government as the biggest consumer should take the lead in buy made-in-Nigeria products. At this stage, Nigeria is clearly not in the position to compete internationally with any of its product. The low hanging fruit the president could have used to jump start the economy, is mandating that all federal, state and government’s MDA only use made in Nigeria products.