Tag: Dr Olusegun Aganga

  • Over 103 Nigerian-made products unfit for global market-Aganga

    Over 103 Nigerian-made products unfit for global market-Aganga

    The Minister of Industry, Trade and Investment, Dr. Olusegun Aganga disclosed at the weekend that for the past five years over 103 Nigeria export products have been rejected at the global market for not meeting acceptable international quality standards.

    Aganga disclosed this during the unveiling of the new office complex of the Standards Organisation of Nigeria (SON) in Abuja, stating that this is due to lack of accredited laboratories in the country where the products could be tested before being shipped abroad.

    He, however, said Nigeria now has an internationally-accredited laboratory in Lagos which would help to check the drift.

    He said, “In the last five years Nigeria has more than 103 rejects. If you compare that to other African countries like South African and Ghana, who only have between 6 to 7 rejects, our is unacceptable.  We are having this rejects because we did not have accredited laboratory in the country.”

    “We all say we want to diversify the economy with a view to increasing our income from non-oil products. But there is no way we can achieve this without having quality infrastructure such as the laboratory.”

    Aganga who recalled that Nigerians hitherto had to take farm produce like yam to Ghana for laboratory testing before exporting them to the UK, however, express confidence that things would change now with the new testing laboratory.

    “However, we can confidently say we have addressed that challenge now. About two days ago, I commissioned a new internationally accredited laboratory in Lagos. It is first time ever that we will be having such an accredited laboratory with such scope, twelve scopes.”

    Speaking, SON Director General, Dr. Joseph Odumodu, stated that he had repositioned the organisation both in terms of personnel, physical infrastructure and legislation to enable it discharge on its mandate which, according to him, is pivotal to the economic diversification of Nigeria.

    Apart from various policy initiatives, Odumodu stated that in the last four years, the organisation had been able to engage on some infrastructure development.

  • The road now taken

    The road now taken

    Aganga charts path towards improving industry, trade and investment

    With 17 parastatals, it would appear the Federal Ministry of Industry, Trade and Investment (MITI) has the largest number of government agencies in the country. By the way, I have always searched in vain for the meaning of the word ‘parastatal’ in any good dictionary, to no avail. I guess I must have missed the golden opportunity of knowing what it means or how we came about it in our civil service lexicon at the fourth edition of the media workshop for industry, trade and investment correspondents and senior editors of the local and international media held at the Transcorp Hilton Hotel in Abuja, from November 7 to November 8. The workshop, with the theme: “Building a Greater Nation Through Sustained Transformation” was attended by the minister, Dr Olusegun Aganga, the permanent secretary, Ambassador Abdulkadir Musa, as well as directors in the ministry and the heads of its parastatals. Since the event was well attended by the heads of the parastatals, it should have been a good opportunity for me to ask them what the word means and how come it is only in Nigeria’s public service that it has gained currency. Anyway, there will always be another chance.

    And, talking about parastatals under MITI, one is not talking about some of those idle or irrelevant agencies of government but very crucial ones, especially in the area of developing the economy and weaning it away from its perilous dependence on oil and the vagaries of the international oil market. Here, one is talking about agencies such as the Bank of Industry (BoI), Standards Organisation of Nigeria (SON), Consumer Protection Council (CPC), Industrial Training Fund, Corporate Affairs Commission (CAC), Nigeria Export Promotion Council (NEPC) and Financial Reporting Council of Nigeria (FRCN), among others. The credentials of the heads of most of these agencies and parastatals are equally intimidating. Indeed, this was the impression I got on the very first day of the workshop when some of them delivered their papers and answered questions from the participants.

    In this respect, Dr Aganga took the heat off my zone when he reeled out the academic and professional attainments of three of them, including that of the CPC boss, Mrs Dupe Atoki, on the second day of the workshop. Mrs Atoki, apart from the many national appointments she has had, had also served the African Union in diverse capacities including: legal consultant in the drafting of legal instruments; member of election monitoring/observer team to several African countries; commissioner of the African Commission on Human and Peoples Rights, as well as the chairperson of the Committee for the Prevention of Torture in Africa. I singled her out deliberately because when she started her presentation and kept talking about challenges that are not making the consumer king in our (kind of) environment, I already gave her presentation the title “Lamentations of the CPC boss”. She however redeemed herself by the time she touched on the achievements of her council, particularly the celebrated case of the 39 air passengers allegedly abandoned by one of the airlines in the country without compensation or apology, which the CPC took up and over which it was challenged by the Nigerian Civil Aviation Authority (NCAA). I am waiting to see if by the time the matter is resolved by government, the passengers would still retain their crowns as the kings that they should be.

    One thing that cannot be taken from the minister is his business-like approach to issues. Another is the open-mindedness with which he took questions at the workshop. For instance, when I took him up on his automotive policy, his response was not totally satisfactory to me but he had his own point. My issue is with the state of infrastructure, particularly power, which is crucial to the success of the dream of a cheap Nigerian car and all its accompaniments. While I thought we should have sorted out the power problem first, at least; he felt otherwise. My concern is exacerbated by the fact that some of these things crisscross one another; it is not something for a single ministry to determine. In the specific case of the automotive policy, loans and interest rate (CBN) will be involved; the power ministry will be involved, etc. The danger is that all the ministries and agencies involved might not have the same passion and commitment to the project, which will invariably tell on the end-result.  However, the bone   of contention over our respective positions is which comes or should come first. It was not a fundamental question of the desirability of the dream car.

    There have been some firsts in the line of Aganga’s achievements. But I take personal interest in one. For the first time in about 100 years, the ministry has switched over from manual to automated registration of industrial property through the Industrial Property Automated System (IPAS) to improve the integrity of registration of trademark patent and design in the country. As the registrar, commercial law department in the ministry, Salman Mann said, “The automation is modern technology that would make it easier and faster for our staff and applicants in line with the international best practice as well as put the registry on the same footing with other registries in the world. It’s going to enhance our revenue and block all leakages and no process can be skipped in the course of the registration”, he said.

    In essence, a ministry like MITI is not one to be left in the hands of just anybody. It is a strategic ministry that should be handled by a pragmatic helmsman who knows his onions, especially in the country’s diversification efforts, given the recent developments in the oil sector. Without sounding unduly alarmist, we must begin to think creatively and vigorously too of viable alternatives to oil revenue before we start drinking the commodity or before we start hawking it like we do pepper and groundnuts, seeking buyers at rock bottom prices.

    However, there are a few things that I noted at the workshop which I cannot but touch on since two days were not enough to tackle all the relevant issues that arose from there. One of these is my observation that the ministry too believes this impression that the country’s huge population remains one key factor attracting investors into the country. This may be working for us now but there is need to caution that things must keep improving economically for this to continue to be, because what is important in the final analysis is not the absolute figures but the vital segment of the population; that is those with the ability to buy or make effective demand, as the economists would say.

    The point may be made that if the ministry is this efficient, how come we are not beginning to see or feel the impact? Perhaps the answer can be explained by the fact that things are so bad that the impact of little drops of water here and there from a single ministry cannot be felt immediately. The important thing though is that the minister appears to know what his job entails and has charted a course that he believes would take the country to the Promised Land, at least from the point of his own portfolio.

    Another important point that should be stressed is that whatever the major decisions reached at the yearly workshop should be summarised and implemented. In addition, the implementation must be well monitored, say quarterly, to see the progress made on them. Otherwise, the workshop would be like any other talk shop that the country is notorious for. I do not think there is any other country where seminars and workshops are held the way we do in Nigeria. The sad thing about it all is that we allow the papers and resolutions to gather dust in government shelves.

    All said, one can only hope that the minister’s case would not be like that of the cockroach that wants to dance, wriggling its waist, but which the prowling fowl looking for cockroaches to devour would not allow. Succinctly put, my fear is that much as the minister seems passionate about the government’s transformation agenda; his passion to transform industry, transform trade, and transform investment won’t end up making him a victim of political transformation. We once had a power minister that many of us thought was leading us out of darkness only to wake up one morning to be told that he had to go. Yet, many people who do not know their left from their right are still sitting pretty in office where they are consuming unproductively at the taxpayers’ expense.

  • ‘Fed Govt committed to ensuring quality products’

    ‘Fed Govt committed to ensuring quality products’

    The Federal Government is committed to ensuring quality products for consumers, the Minister of Industry, Trade and Investment, Dr. Olusegun Aganga, has said.

    The minister spoke at the inauguration of “Check the Best Before”, organised by the Consumer Protection Council (CPC) in Abuja.

    He said ‘Best Before (BB) date’ also known as a durable life date, is a valuable source of information for consumers.

    According to Aganga, the Federal Government is committed to ensuring quality products for consumer’s satisfaction and safety. As a result, the labelling of minimum durability has been made an important component of the standard requirements for relevant products in the country. One of the major pillars of the Nigerian Industrial Revolution Plan (NIRP) is to instil the patronage of the made in Nigeria culture in Nigerians.’

    Aganga was represented by a director in the ministry, Mr. Jonathan Juma. He said since the inauguration of NIRP, the ministry has demonstrated unwavering commitment towards the growth and development of local industries.

    He said the programme was yielding results “as Nigeria is a net exporter of cement, producing about 28.5 metric tonnes annually. This made it possible for non-issuance of import licence in the sector in 2013.”

    “While the patronage of made in Nigeria products continues to enhance capacity utilisation and the country’s Gross Domestic Product, the ministry will not relent in working closely with industries. This is with a view to improve productivity and quality. We will also ensure that we significantly reduce the importation of substandard products into the country,’’ he said.

    The Minister explained that concerted efforts must be made by industries to embrace measures put in place to ensure product quality as well as protect Nigerian consumers. “For the consumer, it is an indication of the anticipated time that an unused product, when stored under appropriate conditions will retain its durability, potency or efficacy. It also helps the manufacturers, distributors and retailers to maintain product quality and safety,’’ he said.

    Aganga commended the efforts of CPC for embarking on the campaign as it would get industries to adhere to best practises and provide additional protection for vulnerable consumers in Nigeria. “It is observed that some industries engage in the sale of expired products with improper date markings. Others have been implicated in the alteration of Best Before dates just to maximise profit. The ministry will give every support to CPC in its ongoing efforts to step up its inspection and enforcement activities. This is with a view to detecting, exposing and prosecuting dubious businesses that profiteer at the expense of consumers,’’ he said.

    According to the Minister, an informed consumer is an empowered consumer to make a choice, assert him to get a fair deal and seek redress when not satisfied. He said that the ministry was in full support of CPC in its campaign as it was in line with President Goodluck Jonathan transformation agenda.

  • ‘Ajaokuta Steel key to industrialisation’

    The Minister of Trade and Investment, Dr Olusegun Aganga has said the Ajaokuta Steel Company is key to the current administration’s industrial revolution.

    The minister who along with his counterpart in the Mines and Power Ministry, Mohammed Sada, was yesterday conducted round the facility, located in Kogi State, dismissed insinuations in some quarters that the steel company had become obsolete.

    He said the facilities in Ajaokuta are no different from those obtainable in other steel developed nations.

    Said Aganga: “Those who are saying that the facilities in this steel company are obsolete are not saying the truth. In fact, with what I saw today, it is a great asset for the country.”

    Sada on his part said the administration of President Goodluck Jonathan is determined to revitalise the steel industry in Nigeria, stressing that the drive toward industrialisationcan could only be achieved with steel development.

    He maintained that the company will begin operation soon.

    He further said there will be change of strategy, through active involvement of private sector players, to speed up completion of the steel industry.

    Earlier in his welcome address, the Sole Administrator of Ajaokuta Steel Company, Mr. Isah Onobere said between $5 million and $13 million will be required to complete the steel project, the government having spent N4.66 billion on its construction.

  • Fed Govt to revive moribund leather tanneries

    Fed Govt to revive moribund leather tanneries

    The Federal Government is planning to revive moribund leather tanneries across the country. The Kano, Kaduna and Aba tanneries are to be upgraded to world class standard.

    The Minister of Industry, Trade and Investment, Dr Olusegun Aganga broke the news to stakeholders in the leather sub-sector in Abuja. He said the government would carry out an audit of all moribund tanneries with a view to re-tooling and reviving viable ones.

    He said: “Of all the 36 tanneries in the country, only six accounts for the bulk of our export. I have therefore directed the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), and the Industrial Training Fund (ITF) through the National Enterprise Development Programme, to audit all tanneries in Nigeria and work with the owners to re-tool and revive those that can be resuscitated.

    “We have identified clusters in six zones in Nigeria to be upgraded to world-class leather clusters over the next 18 months. They include locations in Kano, Kaduna and Aba, among others,” he said, adding that the Kano Leather Cluster is already one of the most important in West Africa as it sources lots of hides and skin from outside Nigeria to meet its demand.

    Aganga said the Federal Government would provide the requisite infrastructure to support the growth and development of the leather clusters across the country, as part of the Nigeria’s Industrial Revolution Plan.

    He said the Federal Ministry of Industry, Trade and Investment and Small and Medium Enterprises are already working with the Kano State Government on the Kano Leather Clusters. “We want to make the Kano Clusters, which is located in our Free Trade Zone, one of the leading Leather Clusters in the world. We will provide the requisite infrastructure for the six identified clusters like the Common Facility Centres. CFC in Aba is already in place. We will complete the one in Kano as well as other locations.

    The Minister said NEDEP is working with a number of Micro, Small and Medium Enterprises to formalise their operations. Nigeria is one of the largest exporters of finished leather products to West Africa. However, this is mostly through informal channels. We must formalise this to allow the government better channel its incentives.”

    He stressed that the Federal Government was committed to providing an enabling business environment by reducing the cost of doing business in order to grow the sector and make it globally competitive.

    Furthermore, we have developed the Nigeria Industrial Revolution Plan through which we aim to increase the Nigerian manufacturing sector’s revenue by US$20 billion over the next five years. Under the NIRP, Leather and Leather Products fit within the strategic sectors under the Agro allied and Agro processing group. Our target is to double revenue from Tanneries and Leather-related manufacturing within the next 3 years.

  • Jonathan appoints inventor as entrepreneurship Ambassador

    President Goodluck Jonathan on Friday appointed a United Stated-based Nigerian, Jessica Mathews, who invented energy generating football and skipping rope as Entrepreneurship Ambassador.

    The Minister of Trade and Investment, Dr. Olusegun Aganga, disclosed this to State House correspondents after the football and skipping rope was demonstrated to President Goodluck Jonathan at the Presidential Villa, Abuja.

    He said: “The product is actually versatile, it is not just about the electricity you see, you can use it to charge your mobile phones, for fans so there are so many things for which it can be used.”

    “We are also looking at the possibilities of manufacturing it in Nigeria and see how we can make it cheaper in this country.”

    “I am glad that Jessica has also agreed to be our ambassador in terms of promoting entrepreneurship in our Universities. What we want to do is to bring successful entrepreneurs like Jessica to inspire the students and make them more creative so that they can also be employers of labour,’’ he stated

    According to the 25 years old Edo State -born inventor, the football could generate three hours of electricity after 30 minutes of play and could store power for 72 hours.

    The electricity generated by the ball, she said, could be used as electricity source to power lighting points and household equipments.

    Mathews, who is the co-founder of Unchartedplay, said that the airless football when not in use can span for 18 months before replacement.

    She also disclosed that she studied Psychology and Economics at Havard University, but taught herself Electrical and Mechanical Engineering because of her interest in the field.

     

  • Fed Govt, BUA partner on backward integration

    Fed Govt, BUA partner on backward integration

    THE Federal Government has hinted of plans to partner with BUA Sugar Refinery Limited in order to achieve backward integration in sugar refinery in the country.

    The Minister of Industry, Trade and Investment, Dr. Olusegun Aganga made this disclosure during facility tour to BUA.

    While commending BUA Sugar Refinery Limited, for their increased investments and commitment towards making Nigeria self-sufficient in sugar production, Aganga said the government is ready to partner with the company towards promoting backward integration.

    He said BUA has been steadfast in their operations despite the harsh business terrain in the manufacturing sector of the economy, adding that the Federal Government is committed to supporting sugar production by providing the enabling environment in order to ensure economic growth and development.

    ‘‘BUA has done extremely well in terms of sugar refinery processing. It is a long and sophisticated process because I have visited these factories myself and have seen that it requires a lot of investments and equipment. Our intention is to work closely and to continue to provide the enabling environment to ensure economic growth and development but more importantly, job creation,” he said.

    He, however, urged BUA to continue to be committed to the backward integration policy, maintaining that the policy has the capacity of doubling job employment opportunities they currently offer to the teeming unemployed youths in the country.

    “This is why the Federal Government introduced the backward integration policy and for this to be successful, we all have to work together as partners, our job is to provide the enabling environment and policies for you to do well and yours is to work with us to achieve this,” he said.

    Chief Operating Officer for BUA Group, Mr. Chimaobi Madukwe, said the minister’s visit to BUA Group is an indication of government’s enormous support for industrial growth in the country, through the National Sugar Development Council (NSDC) and other relevant agencies.

    As part of strategic plans to reduce the importation of raw sugar and ensure the effective implementation of the Federal Government Policy on Backward Integration, Lafiagi Sugar Company in Kwara State was acquired by BUA in the year 2008 through the Federal Government Privatisation exercise.

    The purpose of this acquisition is to establish a standard vacuum pan factory and 50,000 hectares of sugarcane plantation. The project is to process 5,000,000 tons of cane during a 166 day grinding season to produce 500,000 metric tons of refined sugar annually.

     

  • Forbes, Aganga praise Imoke  on C’River’s rising status

    Forbes, Aganga praise Imoke on C’River’s rising status

    The Chief Executive Officer (CEO) of Forbes, Mr Steve Forbes and Minister of Trade and Investment, Dr Olusegun Aganga have commended Cross River State Governor, Senator Liyel Imoke for creating the environment that has seen the state become the preferred destination for investment in the country.

    Foreign Direct Investment (FDI) into Cross River last year alone stands at over $2 Billion.

    About two weeks, General Electric (GE), the third biggest company in the world, performed a groundbreaking for its manufacturing and assembly facility in Calabar as part of a $1Billion investment in the Nigerian economy.