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Sunday, January 16, 2022

Patronise locally-made products, Nigerians urged

By Francis Akinnodi

Despite various efforts put in place to support Nigeria’s locally made goods, patronage still remains low, according to checks.

This is as Ministries, Departments and Agencies (MDAs) continue to flout federal government’s executive order 003, which mandates them to prioritise made in Nigeria products in their procurement process.

According to Manufacturers Association of Nigeria (MAN) CEOs Confidential Index (MCCI) for second quarter (Q2), 2021, the federal government created the Executive 003 in recognition of the need for government establishments to give first choice to made in Nigeria products in public procurements.

However, it said, there was no perceptible monitoring and evaluation procedure to enforce adherence by MDAs to the Executive Order.
“The general thinking has always been that government establishments do not adhere to the Order during procurement and that was corroborated by the responses of manufacturers during the fieldwork of the report.

“It is therefore important for government to consider strengthening the executive order by making it justifiable through legislation to ensure that all government establishments procure available Nigerian products first before sourcing from other countries.”
On the level of unsold manufactured products, MCCI report showed that inventory of unsold manufactured products slowed in the quarter under review.
According to the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo emphasised on the prospect of Made-in-Nigeria products in driving the country’s prosperity.

He said Made-in-Nigeria products, can only drive Nigeria’s prosperity if we can demonstrate that Nigerian products and services have preference, here, in their home market.

The way Nigerian products are packaged, the minister said, has improved significantly over the years and that these products deserve to sit on the shelves of the best stores in the world.
“I am working to create opportunities that will enable manufacturers to sign high volume supply contracts with global retailers and wholesalers so that the world can access quality Nigerian goods, like some of those seen today.”

The president of MAN, Engr. Mansur Ahmed, said the recent inauguration of the Presidential Committee on the Monitoring of the Implementation of Executive Order 005 signals the commitment of the President Buhari-led Administration to the urgent need to focus attention on domestic production.
According to him, to realise this aspiration, the manufacturing sector must be supported and encouraged by a conscious effort on the part of all stakeholders to consume made-in-Nigeria goods and services.

The CEO of Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf stated that Nigerians has started patronising locally made goods because of the high exchange rate.
According to Yusuf, this is not because of the love for the goods, as it becomes difficult for some buyers to buy imported goods due to cost, then they have to look inwards.

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