LCCI seeks patronage of locally-made brands
The Lagos Chamber of Commerce and Industry (LCCI), has urged the Federal Government to ban products the country has comparable advantage to produce.
The President of the LCCI, Mrs. Nike Akande said this would encourage the patronage of Nigeria-made goods, which in turn will boost the nation’s economy.
The LCCI President made the disclosure while delivering the keynote address at the 18th Annual Bishop Mike Okonkwo Lecture.
Addressing the theme of the lecture, “Achieving Sustainable Development through Made in Nigeria Products,” the former industry minister addressed key issues bordering on encouraging local production of goods and services.
According to Akande, “For every 5 African, one is a Nigerian. Nigeria is well positioned to play a key role in the world as she is endowed in human and natural resources.”
She said: “Nigeria has always been too much dependent on oil for a long time. The decline in crude oil price has called for a change our developmental tactics. For every foreign good Nigerians buy, they are promoting foreign economies.”
Therefore, she said: “There is need for Nigerians to patronage locally made goods. The patronage of Nigeria made goods will boost the nation’s economy. As the quality of local goods begins to improve, patronage will increase.”
Akande further counselled that there is need to empower local industries. “Local industries can act as economic catalyst. There is also need to overhaul our importation policy”
RECOMMENDED ARTICLES
Comment
No comments found.