Business
Excessive Importation Worsening Nigeria’s Unemployment – MAN
The Manufacturers Association of Nigeria (MAN) has said the recourse to imported produce by Nigerians has contributed significantly to the country’s current high unemployment rate.
President of the Association, Mansur Ahmed, stated this during the ‘Made-in-Nigeria exhibition’ which featured as a curtain raiser for the Annual General Meeting of the apex group for manufacturing business entities in the country.
He noted that the Executive Order 003 and 005, which indicate the commitment of the Federal Government of Nigeria to growing domestic production through the patronage of locally produced goods, should be closely monitored to ensure strict compliance with the order.
Ahmed said “In order to grow the economy, create jobs and increase contribution to government revenue, the manufacturing sector must be supported to scale production through increased capacity utilisation and adequate patronage.
“On our part, I want to assure you that the Manufacturers Association of Nigeria and the sector as a whole will rise to the occasion and ensure that it builds on the existing capacities and continue to improve on the quality and competitiveness of its product.
“Let me, therefore, welcome you and urge you to move around the exhibition ground and see the existence to which the manufacturing sector can meet the desire of Nigerians for a self-reliant economy.
“Indeed, given the size of the Nigerian market, achieving self reliance will not only strengthen and deepen our economy, it will position us to play a dominant role in continental market.”
Also addressing the gathering, a former President of MAN, Hassan Adamu, said it was imperative for Nigeria and Nigerians to support local produce.
He noted that made-in-Nigeria products remained a crucial component of the economy as it currently provides employment opportunities for millions of Nigerians.
Adamu also urged Nigerians to reduce patronage of foreign goods and support locally made goods.
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
