Business
‘Nigeria Requires Innovation To Drive Job Creation Agenda’

The Minister of Employ
ment and Labour, Dr Chris Ngige, says the country requires innovation that will drive the government’s diversification and job creation agenda.
He said this recently in Lagos during a factory tour of Erisco Foods Ltd in Lagos.
According to him, the innovation and diversification activities of Erisco Foods have increased job creation in the agricultural sector of the economy.
“We commend this great feat in manufacturing which is wholly Nigerian.
“The Nigerian economy needs this kind of innovation and diversification which has led to job creation in the agricultural sector.”
He lauded the management and urged it to ensure compliance with labour related matters, occupational, health and safety standards and statutory obligations.
The minister was represented by Mrs Olufunke Aleshinloye, General Manager, Nigeria Social Insurance Trust Fund.
Chief Executive Officer of Erisco Foods, Mr Eric Umeofia, urged the government to formulate policies that would support local manufacturers.
“We want to warn that until indigenous manufacturers are respected and supported, no meaningful economic diversification will be achieved in this country.
“Nigeria is the biggest importer of tomato paste in the world while over 75 per cent of fresh tomato harvested got wasted in the hands of our farmers yearly.
“This is due to the fact that there was no means of making use of them industrially.
“Seven out of the nine tomato processing factories have closed down and we may soon follow suit and shut down, God forbid, if the government fails to ban the importation of tomato paste.
“What we want is not waiver but a level playing field for all.”
According to him, tomato importers should be compelled to invest in tomato processing in Nigeria to boost development in the agricultural sector and employment opportunities in the country.
Umeofia urged the government to effect the NAFDAC report recommendation of Feb. 10, 2015 that stated that 91.1 per cent of all tomato paste imported and sold in the country were fake and substandard.
“It took European Union (EU) barely a month to take decision and place ban on the importation of some Nigerian food products till 2019. “This is food for thought for our government.”
According to him, his company’s conversion of fresh and dried tomatoes to paste will save the country one billion dollars spent annually on importation and earn foreign exchange for the nation through its export.
“We have a tomato paste processing plant with processing capacity of above 450,000 metric tons per annum, among other product lines.
“We have over 2,052 workers and set to employ over 50,000 youths in two to three years with over five million jobs for farmers indirectly in our Katsina, Jigawa and Sokoto State backward integration projects.
“We target to start production from our Katsina project in the first quarter of 2017 provided that we get support from our good people of Nigeria as nobody will love or build our country for us.”
He appealed to the government to prioritise allocation of foreign exchange to genuine manufacturers to improve productivity in the country.
Mrs Nike Akande, President, Lagos Chamber of Commerce and Industry (LCCI), commended Erisco Foods, saying that industrialisation is key to economic development, employment and increased revenue generation.
Comrade Issa Aremu, former Vice-President, Nigeria Labour Congress (NLC), called for ban on tomato paste importation, adding that the country has achieved self-sufficiency in the production.
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