July 22, 2024

NIRAM Expo: Establish Synergy between Trade and Industrial Policies- MAN tasks FG

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Otunba Francis Meshioye, President, Manufacturers Association of Nigeria (MAN), has charged the federal Government of Nigeria to establish synergy between the country trade and industrial policies

Otunba Francis gave this advice during the opening ceremony of the 7th edition of the Nigerian Manufacturing Equipment Expo (NME) and the 9th edition of the Nigerian Raw Materials Expo (NIRAM) which was held in Lagos yesterday.

He further mentioned that NIRAM Expo is aimed at creating a platform where stakeholders in the raw materials supply chain will come together to synergize, display and trade in available resources and raw materials with the users of these products.

The theme of the 2023 EXPO is “Future Manufacturing: Building a Sustainable Roadmap to the Industrialization of Nigeria”. He said the theme is informed by the unprecedented rate in which our world is changing in terms of innovative technologies, shifting customer expectations, as well as increasing social awareness of gender equity and restoration of previously marginalized communities.

Otunba Francis says if manufacturers can efficiently balance a combination of efficient economies of production and supply chains; strong and reputable products; loyal customers; an established logistics network; as well as reliable on-line business elements, they will be well-positioned in the future to compete favorably in the industrial marketplace.

Despite concerns that the continent lacks the requirements for global advancements to capitalize on innovative technological initiatives, He said African countries are uninhibited by infrastructure legacy challenges, thereby providing a higher degree of flexibility than their developed counterparts.

He however charged the Honorable Ministers of Nigeria to establish synergy between our trade and industrial policies. Saying that this will be a great legacy if this is achieved during your tenure because industry and trade are under your portfolio.

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