The Nation Newspaper

Tag: industrialise

  • ‘Nigeria needs ideology to industrialise’

    The Friedrich Ebert Stiftung (FES), Nigeria Employers Consultative Association (NECA), the Industrial Global Union and other stakeholders, have warned that Nigeria cannot be industrialised without a clear industrial policy and ideology.

    The stakeholders, who spoke at the launch of an industrial policy book, titled: “Study report on industrial policy and state of industrialisation in Nigeria”, stressed the need by the government to come up with a clear ideology on its idustrialisation.

    According to NECA’s Director-General, Timothy Olawale, who was represented by Adenike Ajala,  it is very important for a country that desires industrialisation to have a robust industrial policy.

    He said: “NECA represents the Organised Private Sector and our core mandate is to represent our members’ businesses both to create wealth for themselves and contribute to economic growth. Having a robust industrial policy is therefore, very important to us.

    Chairman, Nigeria Council of the Industrial Global Union, Comrade Babatunde Olatunji, praised FES efforts for its unwavering support since arriving Nigeria in 1976, as well as influencing Nigerian workers by developing their capacity through training and education.

    He said the book, being launched on industrialisation, shall further reinforce other progressive efforts towards re-industrialisation of Nigeria.

    “It is an eye-sore to see some of the former strong companies transforming into worship centers due largely to unfavorable economic policies of the successive governments in Nigeria.

    “With this book, therefore, we are hopeful that the concerned stakeholders shall appreciate the suggestions and strategies therein with a view to evolving sustainable policies on industrialisation in Nigeria. It shall also strengthen our resource materials for policy engagement and advocacy.”

  • Ooni partners Techo-Quip to industrialise Ife

    The Ooni of Ife, Oba Enitan Adeyeye Ogunwusi, Ojaja II, is partnering Techo-Quip Ltd on the creation of an industrial pack in Ile-Ife in Osun State.

    When completed, the pack is expected to house various equipment to process raw materials, such as cassava, palm kernel, rice, yam and plantain.

    Others include fruits juice, paints production, soap and other detergents.

    The monarch has met with the officials of the firm and signed a contract for the supply of the equipment.

    In a statement made available to The Nation, the firm’s Chief Executive Officer, Dr Samson Makinwa, quoted the monarch as saying that the company’s products would assist in the quick industrialisation of the ancient town, adding that there would be regular power, water supplies and access roads to the industrial pack.

    Makinwa said: “The purpose is to help people in the processing and preservation of different agricultural products and other raw materials into finished and semi-finished products in the centre. This will create employment, empowerment and development.’’

    He added that Techo-Quip will supply the equipment and train participants on vocations while the Ife Business School will train them on entrepreneurships.

    Noting that Oba Ogunwusi is a monarch with a difference, Makinwa described him as “transformational, modest and philanthropist’ whom God installed to help his people out of poverty and unemployment.”

  • French firms set to industrialise agriculture in Nigeria

    French firms set to industrialise agriculture in Nigeria

    French companies engaged in the agribusiness sector have expressed commitment to rapidly industrialise agriculture to boost food production in Nigeria.

    The move is in furtherance   of a trade treaty signed by the  federal government and the French government last year to expand its trade volume from N1 trillion to N2 trillion in the next four years and as  well as boost  agricultural  production.

    The   companies  on a four-day Business Development Trade Mission under the auspices of Association pour le Developpement des Echnages Internationationaux de Produits et Techniques Agroalimentaires (ADEPTA). During  the forum,  the  French Trade Mission,consisting  experts in the areas of equipment development and manufacturing, supply of inputs, engineering and design expertise in the met with over 60 local  agro industries, farm owners and manufacturers  in the   agric-sector.

    They include Anadariya Industries Limited; L&G Integrated Diaries, Fruits & Veggies Global Ltd; Dantata Foods; Nasrun Nigeria Ltd and Kebram Agritrade.  Others are Dansa Foods; Promasidor; Crown Flour Mill; BUA Group; SBA Group; Pig Farmers Association, Oyo State. Potato Farmers Association of Nigeria, Best Food Group, Free Range Farms, Abeokuta, Cocoa Revolution Project, Ondo Stat), Ondo State Wealth Creation Agency; Fed Agro Nigeria Ltd, Osun and All Farmers Association, Osun State.

    A consultant to the group, Foluke Michael said the group held a number of talks that focus on promoting, encouraging and fostering   relationship with local agric businesses.

    One of the trade mission companies, she noted shown its readiness to work with potato out-growers and smallholders’ farmers to increase productivity and efficiency.

  • Nigeria can’t industrialise without power, says Jonathan

    Nigeria can’t industrialise without power, says Jonathan

    President Goodluck Jonathan yesterday insisted that Nigeria cannot join the league of industralised nations without developing its power sector.

    He made the remark while commissioning the National Integrated Power Project (NIPP) 434 MW Geregu II Power Station in Ajaokuta, Kogi State.

    According to him, his administration has been fully committed to power sector development, assuring that power supply will be stable in the country from the first quarter of next year.

    The dream of overcoming epileptic power supply in every nook and cranny of the nation, he noted, will soon be a reality.

    He said: “Without power, no nation can industrialise. If we must industrialise, we must fix our power sector.

    “This project is part of our commitment to providing electricity to our teeming population.

    “With electricity generation and distribution in the hands of the private sector, we are on full course.”