Business Manufacturing

Experts emphasise collaboration for Nigeria’s manufacturing growth

During the Manufacturers Association of Nigeria (MAN) Ikeja Branch public lecture in Lagos, experts highlighted the pivotal role of collaboration in fostering a robust manufacturing ecosystem and propelling industrialisation in Nigeria.

Dr. Paul Alaje, a Chief Economist, underscored collaboration as pivotal in advancing the country’s industrialization. He emphasised the need for a holistic approach to collaboration, extending beyond individual organisations to encompass the entire manufacturing spectrum. Alaje stressed that competitiveness on a global scale demands mutually beneficial collaborations and strategic initiatives.

“Government attention to energy production, security enhancement, and infrastructure development is crucial to driving sectoral growth. Collaboration between industry, government, and the private sector is vital,” he emphasised.

Mrs. Odiri Erewa-Meggison, Chairman of the Manufacturers Association of Nigeria Export Promotion Group, emphasised the need for a shared vision, resilience, and sustainability through meaningful collaborations. She urged the inclusion of academia in collaborative efforts for innovation and policy enhancement.

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Otunba Francis Meshioye, President of MAN, commended Lagos State Governor Babajide Sanwo-Olu for fostering a positive relationship between the state and manufacturers. He called for sustained collaboration and advocated for measures such as payment rebates, enhanced security, streamlined registration processes, and improved infrastructure.

In response, Governor Sanwo-Olu, represented by Mrs. Folashade Ambrose-Medem, Commissioner for Commerce, Industry, and Cooperatives, acknowledged manufacturers’ significant contribution to the state’s economy. He stressed the critical role of collaboration in propelling economic growth, emphasising that MAN contributes 9% to the state’s GDP.

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