NEWS AGENCY OF NIGERIA
MAN urges stronger engagement to modernise wood industry

MAN urges stronger engagement to modernise wood industry

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By Rukayat Moisemhe

 

Mrs Ngozi Oyewole, the Chairperson, Wood and Wood Products Sector, Manufacturers Association of Nigeria (MAN), has urged stronger engagement with government on policies to promote financial access, expansion and modernisation of the wood industry.

 

Oyewole made the call in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos.

 

She advocated the creation of a wood industry development fund that would provide grants and low interest loans for Small and Medium Enterprises SMEs to support expansion drive.

 

She added that Nigeria should explore trade agreements that open up international markets and drive participate in international trade fairs to showcase the country’s products and establish valuable connections.

 

Oyewole noted that the wood sector had enormous potential to significantly contribute to Nigeria’s Gross Domestic Product (GDP).

 

She said the sector currently accounted for approximately two per cent of the country’s GDP.

 

She, however, stated that only the combination of right strategies and inclusivity could enhance productivity and create a thriving wood industry for the country.

 

She affirmed that by addressing skills gaps, promoting inclusivity, and implementing the right strategies, wood contribution to industrial development and economic growth could increase.

 

“One major strategy to consider to drive growth in this sector is investment in technology and we must embrace modern technologies that enhance productivity.

 

“By collaborating with technology providers, we can access advanced machinery that streamlines production and improves quality and lower production costs,” she said.

 

Oyewole also emphasised the need to address skill gaps by providing tailored training programmes, particularly for women.

 

This, she stated, would equip them with the skills necessary for operating modern equipment and leading in the industry.

 

She said initiatives like the National Skills Development Programme could be tailored to include specialised training for women in the wood sector, empowering them to take on leadership roles.

 

“As a female leader in this sector, I understand the importance of inclusivity.

 

“Initiatives such as mentorship programmes for women can empower them to pursue careers in this field, take on leadership roles and bring diverse perspectives to the industry,” she added.

 

Oyewole also urged players in the sector to adopt sustainable forestry practices to ensure the long-term viability of resources.

 

This, she said, included responsible sourcing and compliance with environmental regulations.

 

“We must also enhance investment in research and development to drive innovations in product design and manufacturing processes.

 

“Collaborating with universities and research institutions can yield new materials and techniques that meet market demands.

 

“Strengthening associations such as the wood products manufacturers association will allow us to share best practices and resources.

 

“A united voice can advocate more effectively for the needs of the sector, facilitating collaboration among stakeholders,” she said.

 

The expert also expressed her support for the Nigeria First Policy introduced by President Bola Tinubu.

 

She said the policy aligned with the vision in the wood sector to harness local resources and skills to foster sustainable growth and reduce dependency on imports.(NAN)(www.nannews.ng)

 

Edited by Chinyere Joel-Nwokeoma

Address constraints limiting local product competitiveness, MAN urges government

Address constraints limiting local product competitiveness, MAN urges government

447 total views today

 

By Rukayat Moisemhe

The Manufacturers Association of Nigeria (MAN) has emphasised the urgent need to address the constraints hindering the competitiveness of local products to revitalise the economy.

 

Chief Francis Meshioye, MAN president, stated this at a news conference in Lagos, ahead of the association’s 52nd Annual General Meeting (AGM) scheduled for Oct. 22 to Oct. 24.

 

The theme for the AGM is ”The Imperatives of an Intentional Development of the Nigerian Manufacturing Sector”.

 

Meshioye said that the need to address the constraints binding the real sector was critical, otherwise the economy might continue on a downward trend with no certainty of rebound

 

He said manufacturers, as critical stakeholders in the Nigerian economy, would continue to play its role of presenting to government policy inputs and options.

 

He noted that within the last one year, the Nigerian economy had witness many happenings, with the business environment heavily impacted by the developments.

 

“We shall continue to partner with governments with a view to co-creating innovative solution that will free the Nigerian economy from its lackluster performance.

 

“We are also committed to helping to place it on the path of productivity, sustainable growth and development,” he said.

 

The MAN president stated the choice of the theme for the event speaks volume about the direction and resolve to birth a thriving manufacturing sector.

 

He added that it was couched with a deep reflection on the growth trajectory of the manufacturing sector in the country.

 

Meshioye noted that the high and rising in many cases threaten the existence of many operators in the manufacturing sector of the economy.

 

Meshioye noted that the sector, crucial for job creation, productivity, and economic growth, is burdened by various challenges limiting its contribution to the Gross Domestic Product.

 

Speaking on the expected activities for the AGM, he disclosed that Mr Samaila Zubairu, President, Africa Finance Corporation, would speak on the theme.

 

“He has been a champion of African value creation, job growth and industrialisation, directing billions into transformative infrastructure over the past three decades.

 

”From his antecedents, it is evident that we have the choice of a speaker to follow in the trend of our great minds to share their perspectives.

 

“The opening ceremony and exhibition will be a convergence of industry players, government officials, marketers, as well as consumers to experience a new exposure to quality products that are made in Nigeria and ultimately attract patronage of locally manufactured goods.

 

“Our Special Guest of Honour on this occasion is the President of the Federal Republic of Nigeria, President Bola Tinubu, alongside other ministers, heads of departments and agencies, the diplomatic corps, and other stakeholders,” he said. (NAN)(www.nannews.ng)

 

Edited by Deborah Coker/Olawunmi Ashafa

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