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FG Recommits To Industrial Sector Dev

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The Federal Government has restated its commitment to fully implementing  workable  policies and programmes  to  provide required skills and competencies for the development of  the industrial sector.
The Minister of Industry, Trade and Investment, Dr Okechukwu Enelama re-affirmed government’s commitment at the just conduced 23rd Nigeria Economic Summit in Abuja.
Enelama ,who was one of the  discussants on the topic;  “Skills, Competences and Capacity That The Industries Need to Move Forward’’, said  government was  also  ready to  solve the issues  of unemployment through  the development  of right skills and competencies.
“I agree with you, government is ready to solve the issues of unemployment and improve the productivity of the people, this problem is too important to just talk about it, government is ready.
“If we are not ready, you must insist that we are ready, we don’t actually have a choice, we have a responsibility to the people.’’
He said that real challenge was the issue of partnership with the relevant organisations required to help bridge the skills gap in  the industrial sector.
“I think the real challenge is the challenge of partnership, its the challenge of collaboration, it is the challenge of putting together in a way that we get result, is the challenge of humility to some degree.
“Because, even if we consider an idea, let us get on with it and see if it works, because  I am totally ready to try all ideas that are  productive  and progressive because the  problem we are dealing with is extremely important to solve.’’
He said that government was focusing on creating the enabling environment  for businesses to thrive, adding that there was the need to fight corruption.
“One of the major things to stop is corruption, because it is what makes the economy not work, and the other thing is to create stability, which is the whole key for business to thrive and for our people to do well.
“We have taken that view as a ministry to focus on creating enabling environment, and the government has prioritised that by creating an executive order for business to thrive.
“That is our number one priority, while we have launched it, we are challenging the Ministries, Departments and Agencies (MDAs) and the private sector to enable it work.’’
The minister said that government had also launched an industrial council designed to ensure that MDAs and the private sector work together to deal with the most stubborn problems hindering industrial growth in the country.
He said that members of the industrial council were also working on how best to develop infrastructure and policies for skills development.
Other mandate of the council according to him was to also evolve workable measures of deepening internal and external trade and finance.
Mr Rotimi Balogun of the General Electric said it was absolutely necessary to develop technical, vocational and critical thinking skills to solve complex problem in the country.
“If we are graduating engineers, the kind of skills they come out with is quite different from the skills needed in the future.
”The kind of skills they need is digital skills that will make them get employment to companies like General Electric.
”In terms of entrepreneurial skills, It is important that we create the type of skills that will ensure a local supply chain in the industrial sector.
He said it was very necessary to also have standardised curriculum in our educational sector.
“It is important to also teach people  not just how you can use money to start business, but  you can teach business through stimulation,  virtual process, how you can train people through online platforms to make sure that you improve their entrepreneurial skills.’’
The Chief Executive Officer of Siemens Nigeria, Mrs Onyeche Tifase said it was necessary to collaborate with other technological driven nations to develop the right skills required for industrialisation.
“What is key is collaboration, how the British and the Chinese got to where they are, it is through collaboration.
”The bold skill everyone has to have is digital awareness, irrespective of your profession and it is important all government agencies become digitised.
“”If you are engaging with a private counterpart and he is already digitised and you are not, it is very difficult to collaborate.’’
She said that Siemens had begun training for school children to equip them with skills required for technological advancement.
”The training entailed teaching the children how to create solution from very simple tools and devices to create  answers  for technology across health care environment and power sectors.
”So you see, where a small child is creating a  turbine from a very simple battery and understanding how mechanical energy works., this is what we want to see roll over the country.
”Beyond secondary level, we are also looking at vocational training programmes that have to do with heory and practical and that are how we can cause reduction in unemployment.
”For us to create more of those skills, we need to have industries that will absolve these skills, so that the trainees can innovate and replicate the skills.
”We have a training centre where we are training about 14,000 graduates every year and the programme runs for three and half years.
”The training involves the skills of the future,  like coding,  digitisation, machine to machine learning and  the students they have projects where they  have built their own device,’’ she said.

She advised government at all levels to develop infrastructure more and  industrialise to encourage the inflow of skills development  into country.

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Ban On Satchet Alcoholic Drinks: FG To Loss  N2trillion, says FOBTOB

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Ahead the December 31 effective date for enforcement of the ban on alcoholic drinks and beverages in PET or glass bottles below 200ml, the Food, Beverage, and Tobacco Senior Staff Association (FOBTOB) has warned that Nigeria risks losing more than N2 trillion in investments.
The union urged the federal government to reverse the planned ban, cautioning that the Senate’s directive to the National Agency for Food and Drug Administration and Control (NAFDAC) would trigger severe socioeconomic consequences across the industry.
Speaking at a Press Conference, in Lagos, the President of FOBTOB, Jimoh Oyibo, said repealing the directive would prevent massive job losses and protect the country from economic disruption.
“Repealing the order would avert the grave repercussions that would most definitely follow the ban, especially by saving approximately 5.5 million jobs, both direct and indirect,” he said.
Oyibo appealed to the Senate to invite stakeholders to a public hearing, insisting that all parties must be allowed to present their positions before any decision is made.
“For a fair hearing and to demonstrate good faith, the Senate should invite relevant stakeholders to a Public Hearing to ‘hear the other side’ and be adequately informed to make an informed decision,” he said.
The union leader urged the Senate to carefully review and endorse the validated National Alcohol Policy, describing it as a multi-sectoral framework developed after last year’s public hearing, when the initial call for the ban was raised.
He urged the lawmakers to consider the entire value chain in the alcoholic beverage industry, including formal and informal workers and legitimate local manufacturers, before approving any enforcement.
Highlighting the economic implications, Oyibo said close to N2 trillion invested in machinery and raw materials could be wasted, while over 500,000 direct workers and an estimated five million indirect workers, including suppliers, distributors, marketers, and logistics operators, could lose their livelihoods.
He said “Nearly N2 trillion worth of investments in machinery and raw materials could be lost. Indigenous Nigerian manufacturers risk total collapse, discouraging future investments.
“Smuggling and the circulation of unregulated alcoholic products may skyrocket, worsening public health dangers. Government tax revenue could decline sharply as factories shut down or scale back operations.
“With rising unemployment and no safety nets, this ban will plunge families into poverty. The very children the policy claims to protect may be forced out of school if their parents lose their jobs”.
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Estate Developer Harps On Real Estate investment 

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A  Canadian based Nigerian Estate  Developer, Andrew Enofie, has said that diversification of investment into the real  estate sector remains the key to business sustainability.
Enofie said this during the launch of The Golden Gate investments, in Port Harcourt, recently.
He said  real estate sector has always remain stable during period of  inflations, adding that diversification into the sector would ensure that businesses never loose out during such periods.
He also called on Nigerian businessmen to put their money into the Canadian estate industry with the view to reaping maximum benefit.
According to him, Canada  has one of the lowest inflation rate in the world and Nigerian businessmen can reap benefits by putting their monies into the Canadian estate sector.
Enofie said his company, with many years of experience in the real estate sector, can assist Nigerian businessmen with the quest  to acquire property in Canada.
According to him, investors have more opportunities to diversify their funds, saying “it also open doors for investors to invest in the Canadian real estate market.
“With the launch of this fund, we are strategically positioned to navigate current market dynamics,r3 rising demand, shifting rates and evolving economic trends, while focusing on sustainable growth”, he said.
Also speaking, an investor, Mike Ifeanyi, also called on investors to invest in real estate.
He commended the company for its pledged to assist Nigerian businessmen willing to invest in Canada, but added that the whole thing must be transparently done inorder to avoid fraud.
Also speaking, Chukwudi Kelvin, yet another investor, described the event as an eye opener, stressing that time has come for Nigerian investors to go into the Canadian estate sector.
By: John Bibor,/Isaiah Blessing/Umunakwe Ebere/Afini Awajiokikpom
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FG Reaffirms Nigeria-First Policy To Boost Local Industry, Expand Non-oil Exports

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The Federal Government has reaffirmed its continued commitment to driving Nigeria-First policy aimed at encouraging local manufacturers and improving the economy through the non-export sector.
This is as the National Assembly has revealed that a bill for establishing a Weights and Measures Centre is advancing.
Delivering the keynote address at the Opening Ceremony of the 2025 Nigerian International Trade Fair, in  Lagos, Minister of Industry, Trade and Investment, (FMITI), Dr. Jumoke Oduwole, said that government would continue to promote locally made goods.
Oduwole stated that the fair was not only an opportunity to showcase the best of Nigerian products but ensuring that the country continues to accelerate its non-oil exports under the Renewed Hope Agenda.
The minister noted that the government’s reforms are working and demands a lot of support from all stakeholders.
In her words, “Already, our non-oil exports have grown by 14 per cent. Our exports to the rest of Africa was the fastest growing at 24 per cent last year Q1, year-on-year, CBN released the results at the end of Q1.
“Now, this shows us that our goods are in demand across Africa. Earlier this year, the Federal Ministry of Industry, Trade and Investment opened an air cargo corridor in partnership with Uganda Air, and we mapped 13 Southern and Eastern African countries who want Nigerian products. We understood that they want our fashion, they want our light manufacturing, our food, our snacks, plantain chips, chin chin.
“They also want our zobo, our shea butter, beauty products. The things we take for granted here, our slippers, our hair wigs, are things that are in demand across the continent. And so we’re here to support our Nigerian exhibitors and to welcome our friends across Africa and across the world.
“Exhibitors, buyers who are interested in purchasing, we’re interested in growing these businesses. So a business that is a small business this year should be a medium-sized business in the next five years. Each trade fair has its uses, each trade fair has its conveners, and really, to be honest, there cannot be too many.
“This trade fair, traditionally, has been the largest in the country, and we want to bring it back to its former glory. There’s nothing like a competition.
On her part, the Executive Director, Lagos International Trade Fair Complex Management Board, Vera Safiya Ndanusa, said the board would, in the coming months, champion structured and modernised regulatory frameworks for trade fairs and exhibitions.
She stressed that reviving the Tafawa Balewa Complex was part of a broader mission to strengthen confidence in the nation’s trade infrastructure, while stimulating industrial activity and showcasing the enormous potential of the nation’s citizens.
“Most importantly, we remain the only agency in Nigeria expressly mandated by law to organise trade fairs, and we intend to restore that statutory responsibility to the prominence it deserves ensuring coherence, quality, and national alignment in trade events across the country.
“We will be deepening our engagement with NACCIMA, whose partnership has historically anchored the success of organised trade in Nigeria, while also strengthening ties with ECOWAS, continental business groups, and international partners who share our vision for a more integrated African marketplace.
“In the coming months, we will champion a more structured and modernised regulatory framework for trade fairs and exhibitions, one that protects stakeholders, ensures standards, and positions Nigeria as a credible and well organised destination for regional and continental commerce”, she stated.
She noted that as Africa embraces the promise of the African Continental Free Trade Area, a new momentum was building across the continent.
“For Nigeria, AfCFTA is not just an economic framework; it is a pathway to industrialisation, job creation, and intra-African collaboration.
“This complex must play a central role in that journey. We intend to make this fairground a primary entry point for African trade, a marketplace where producers and buyers from across the continent meet, a logistics hub connected to regional value chains, a centre for cross-border SME activity, and a launchpad for Nigerian businesses looking to expand beyond our borders.
“To achieve this, we are intentionally expanding access to markets physically, economically, and digitally. We are working to make participation more affordable for SMEs, women-led enterprises, and young entrepreneurs. We are improving mobility within and around the complex. A truly vibrant trade ecosystem must be inclusive, and inclusivity begins with access,” she stated.
Chairman, House Committee on Commerce, Ahmed Munir, commended Ministry of Industry Trade and Investment, ED LITF and her team, for promoting the platform as a veritable marketplace of ideas, innovation, and partnership.
He said the event was a clear reflection of the economic agenda of the current administration, supported by Speaker Rt. Hon.Abbas Tajudeen.
According to him, “The House of Representatives recognises that the engine of our economy is the private sector, particularly our Micro, Small, and Medium Enterprises (MSMEs), which contribute nearly 50 per cent to our GDP and employ the vast majority of our citizens.
“To create the competitive environment they need, the National Assembly has been working assiduously to pass and amend vital legislation to enhance the Ease of Doing Business by Streamlining regulatory bottlenecks and reinforcing essential infrastructure to make business operations simpler and more predictable.”
He stressed that as policy makers they would continue to promote the “Nigeria First” Policy through robust legislative support, ensuring that government ministries and agencies prioritise locally manufactured goods in all public procurement processes. “This is our clear statement: We must buy Nigerian to build Nigeria.
“Also to ensure quality and standards, the bill for establishing a Weights and Measures Centre is advancing. Quality is not optional; rather, it is the key to consumer trust and international competitiveness,” he said.
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