Niger Delta
Institute Tasks A’Ibom On Industrial Policy
The Institute of Chartered Economists of Nigeria (ICEN), has advised the Akwa Ibom Government to implement its industrial development policy immediately.
Mr Friday Udoh, the South-South Coordinator of ICEN, gave the advice in an interview with newsmen in Uyo.
He said that speedy industrialisation of the state would reduce poverty and the crime rate.
“The government had done quite well in the area of free education, which means acquisition of skills.
“But without a strong industrial base this vision might turn into illusion as the capacity to absorb manpower will be limited.
“We view with great concern the obvious government’s continuous silence on the reactivation of the moribund industries, even when 2012 budget was tagged “Budget of Industrialisation,’’ Udoh said.
He said that apart from Champion Breweries, other industries established in 1979 by Dr Clement Isong administration in the former Cross River had closed shop.
Udoh listed the abandoned industries to include Sunshine Battery, Biscuit Manufacturing Plant, Ceramic Industry, Peacock Paint, Qua Steel Industry as well as Akwa Palm industry.
He lamented that the only industries in the state were the privatised Aluminum Smelting Plant at Ikot Abasi, American Oil Firm and Mobil Producing Nigeria Unlimited.
Udoh said that the Nigerian Newsprint Manufacturing Company at Oku Iboku in Itu local government area had not been producing since its privatisation.
“Industrialisation is a necessary policy instrument which a reasonable government must pursue because of its inherent capability of altering the vicious circle of poverty and underdevelopment,” he said.
Udoh said that the state had the potential to boost investment in agro-based industries like palm oil, cassava, yam, cocoyam, plantain, maize, rice, rubber and many varieties of fish as well as sea foods.
Niger Delta
Otu Recommits To Support For Navy
Niger Delta
Community Praises Diri, Ogbuku On Projects Execution … Prioritises Security, Dev
Niger Delta
Delta Shocked Over Death Of Chief Protocol Officer
-
News8 hours agoNigeria Recorded Two World’s Deadliest Terror Attacks In 2025 –Report
-
Editorial6 hours agoThumbs Up For Sit-At-Home Reversal
-
News8 hours agoFubara Hails Umah Ukpai’s Contributions To Global Christian Evangelism
-
Education6 hours agoOpobo Kingdom moves to incorporate Ibani Language Into School Curriculum, Takes Off April
-
News8 hours agoNDLEA Intercepts Drugs Hidden In Winter Jackets, Cream At Lagos Airport
-
News8 hours ago
Etche Monarch Alleges Death Threats, Assault
-
Politics5 hours agoEid-el-fitr: INEC Urges Staff Discipline Ahead Ekiti, Osun Guber Polls
-
News8 hours agoPerm. Sec Pats Rivers NUJ On The Back
