Business
Association Seeks Policies To Protect Local Industries, SMEs
The President of Leather Products Manufacturers Association of Nigeria (LEPMAS), Mr Okechukwu Williams, has called for new policies to protect local industries in Nigeria.
Williams made the call in a statement made available to newsmen yesterday in Aba, Abia State.
He said that the absence of policies that could protect young industries in Nigeria was opening them up to unfair competition from imported products.
“There are lots of substandard and damaged goods dispatched and unchecked from Asian countries entering into Nigeria and making the country a dumping ground.
“In this regard, they are rendering our locally manufactured products uncompetitive to the foreign ones,” he said.
Williams called for adequate documentation of made-in-Nigeria goods shipped outside the nation’s shores to boost its earnings.
He also stressed the need to upgrade the nation’s transport infrastructure to ensure timely delivery of goods, save money and man-hours being lost on bad roads, especially in the South East.
Williams particularly called for concrete actions to boost the growth of SMEs in the South East and the country in general through adequate funding, export and import grants, technology development and capacity building.
He said that these would give indigenous SMEs comparative advantage in foreign markets.
-
Rivers2 days ago
Rivers Police Uncovers Firearm Concealed In Loaf Of Bread
-
Niger Delta2 days agoPro-Chancellor Hands Over Okey Onuchuku Peace, Conflict Institute Building
-
Sports2 days ago
Six Nigerians To Play For NBA Teams
-
News2 days agoFubara Reaffirms Commitment To Blue Economy, Private Sector Growth …Calls For Protection Of Marine Resources
-
Business2 days ago
Gas Economy: Decade of Gas, Pi-CNG/ EV Deepen Media Engagement
-
Business2 days agoIPMAN Raises Concern Over Delay In Chinese Refinery Deal …Predicts Lower Fuel Prices Through Competition
-
Business2 days ago
Navy Nabs 13 Black Sand Miners In Bayelsa –Impound Two Boats
-
Sports2 days ago
NPFL Warns Newly Promoted Clubs
