

Interview
N’Assembly will support MAN to make manufacturing industry flourish, Akpabio
Published
1 year agoon
The President of the Senate, Godswill Obot Akpabio has pledged the support of the National Assembly for Nigerian manufacturers to make the manufacturing industry flourish.
Akpabio made the pledge on Wednesday when the Executive of the Manufacturers Association of Nigeria(MAN) paid him a courtesy visit in his office.
The Senate President identified with the plight of the manufacturers as a result of the economic situation in the country and praised them for their resilience.
He explained to his guests the collaborative efforts of the National Assembly with the executive arm of government to turn things around particularly in the areas of security and economy.
Akpabio said: “We welcome any formal communications that you want to give to us to assist us to make your work easier, to legislate on issues that affect you, in order to ensure that you improve on what you are doing.
“You don’t need to even mention the fact that the current power situation has adversely affected the manufacturers in the country. You don’t need to mention the fact that the inflation rate has affected you seriously.
“You don’t need to mention the fact that the fluctuating foreign exchange rate has affected you seriously. Then the issue of pricing comes in. When you have to manufacture at a very high cost, it means that the price to the consumers also has to increase. And then of course, with the low earning capacity of Nigerians, you may end up having products that are overpriced. That can also affect your expansion.
“So let me commend the Manufacturers Association of Nigeria and by implications the Council members that inspite of the difficult times, you have managed to sustain this association.
“There is no need to overstate the fact that whatever this Senate or National Assembly as a whole can do to to assist you, we will do so.
“We look forward to working closely with you, removing the bottlenecks and supporting you in order to make the industry flourish.
“Your coming here, seeking continuous partnership with the Senate, take it for granted that we have given you the partnership. I will work with my colleagues to ensure that we tinker with the laws. We will improve on the Acts.
“It is a very trying time but you have to bear with us. The situation we met on ground was not very palatable. But it is not for us to shout. My President, President Bola Ahmed Tinubu is very determined to turn the situation around.
“On behalf of the Senate and the National Assembly as a whole, we assure you of our total support. You need to continue to do what you are doing to create employment opportunities for our people and also make products available for Nigerians at affordable cost and that involves also the issue of improvement in power, availability and right pricing for gas.”
Earlier, the President of MAN, Otunba Francis Meshioye who led the delegation said the visit was to discuss the current state of the manufacturing sector and collaborate on identifying areas where legislative support was crucial for manufacturers to effectively fulfil their long standing roles in employment and wealth creation.
Otunba Meshioye, on behalf of MAN, pledged “our unwavering support for the Senate in its efforts at fostering the growth and development of this vital sector.”
Interview
Southeast Development Commission will develop region massively – Senator Akobundu
Published
1 year agoon
March 20, 2024
Senator representing Abia Central Senatorial District, Augustine Akobundu has expressed optimism that the recently bill, Southeast Development Commission passed into law will develop the region on a massive scale, while thanking lawmakers in the upper and lower legislative Chambers for their support and commitment to the passage of the bill.
In an interview with our reporter in Abuja, the lawmaker envisages that the Commission will further unite leaders in the region at a nonpartisan level. He called on Southeasterners to tap into the potential of the Commission once, it is signed into law by President Bola Ahmed Tinubu.
Q. The Senate passed a bill on the Southeast Development Commission recently which is awaiting presidential assent. What does this portend for the corporate existence of this country?
A After the passage of every bill waiting for assent, next is lobbying. So what do you think that the south east should do now to get the assent of the President?
Well, first and foremost, I think I just came, I want to appreciate the sponsors of the bill. From the records it started from the House of Representatives and got concurrence from the Senate. The issue of Southeast Development bill had been on for quite a while. Thankfully, it went through this time, so we thank every one of us who have been part of this and for me, I consider it a great opportunity to be part of history as per what that portends for Southeast, clearly holistic development.
Southeast as a region will be major beneficiaries of this platform. All that needs to be done is for our leaders at all levels to put heads together, to ensure that the advantages inherent in this bill in terms of development will be fully harnessed. And if you ask me, with political will, it will also provide a regional cohesion because this is a platform that will be operated at a nonpartisan level. It is about development. Our governors, our legislators, our stakeholders, our business men, our industrialists should be involved in ensuring that all the advantages are fully harnessed. So it is a welcome development. Purely for development of Southeast.
Q. Let us be specific, if you look at Abia state, out of the states in that geopolitical zone, it has had its own share of insecurity. Now going forward, what do you think the stakeholders should do? To tackle this ugly threat?
Insecurity is a general trend? Every state has its own share of insecurity. So, like you rightly pointed out, my take is that we’ll first of all, look at the root causes of insecurity. Those causes are very significant. You are dealing with a lack of job opportunities for young ones who left school and who are leaving schools, most of them are not employed. In some rural areas, famine is an issue. Then you look at poverty, you look at hunger, access to a better life. So the young people who are out of school who are not doing anything, are driven forcefully, maybe, into all kinds of criminal activities. For me, this is the bedrock of insecurity and for the government to tackle that you have to start addressing, isolate the causes and begin to address them. But don’t forget, there are other contiguous states, contiguous states to Abia state. There are cross border criminalities, crimes committed by criminals moving from other contiguous states through local governments contiguous to local governments in Abia. People commit crimes and move out.
There are also crimes committed by criminals that are domiciled in the state. So all those things put together criminality is criminality. So you have to look at criminality within the context of your own state and also look at criminalities in terms of solutions from neighboring states. And what that takes us to is to have a collaborative approach in dealing with that.
So no one state can say it is dealing with its own security without collaboration from governments within the entire states.
Q. Still talking about Abia state. The cases of security and it has affected production of
food. What are you doing personally to help cushion the effects of this food crisis?
Well, my plans are in the works, you know I came here just about three months ago. Thankfully, I was part of the preparation of the budget. I have projects, I have plans, I have programs for my constituency. A good number of them also met the budget. So we are articulating our program in every sphere of human endeavor within the context of what is allowable and achievable in terms of access to opportunities. Yes, we are putting our programs together. If you look at agriculture, we have a program for agriculture, where we will encourage our farmers to farm by giving them access to fertilizer and other agro allied opportunities that can help them produce food, increase the production, and quality production from the farms.
For the areas that you have insecurity, that can be a problem because you don’t have people going into the farm and that is why the government is dealing squarely with security issues.
And for me, I’m a proponent of rural community watches that will help improve security in the rural areas. And what that means is that you look at a local government, you must, as a deliberate policy, ensure that even the traditional institutions who reside in the works are trained, equipped, encouraged in the areas of intelligence gathering, and local vigilantes must be activated under the leadership of the traditional rulers because every area has it’s own leadership. And if that is done and tied together, within the local government, you’re going to have a network of local community watchers in terms of security.
This takes us back to the topical issue of community policing. Everybody in the community knows who is who, who comes in. When a stranger comes in, they know. We have to begin to go back to the traditional ways of security driven right from the rural areas where people know themselves. If a stranger comes into a particular community, everybody knows that. My local government’s vigilante groups have been put together under the guidance of the police. They are registered, they are operating within the framework of the law. So with that, at least, you can be sure basically, that if there are movements they are not known or acceptable to such communities, such movements will be reported. And so far, it’s not been bad. There has been a reduction of security threats in certain communities. But there are some communities that are still struggling, where you have incessant kidnappings and all that. And so far, I think there is a step up in the activities of the police and the other security agencies.
I am a retired soldier. So I know that the non-kinetic aspect of fighting security and fighting criminality is more effective than the kinetic approach. But you need a combination of the two and in terms of ratio, the kinetic should be just about 30% whereas the non-kinetic should be 70%. That is, what it should be.
As the military moves in and does what they need to do, if the police is incapable of doing that definitely as they move out, Something has to be done in terms of taking care of the immediate needs of such a community. And after that, the government has to do the needful. The problem we have is that most of these communities have been abandoned by the government for a very, very long time. The borders have not been taken care of. So the aim of even having the border community agencies has been defeated a long time ago. So that’s why you have, within states, within local governments, you have all these cross border criminalities going on, so if government does its own bit by providing amenities for rural communities, that will stem the tide of insecurity and in doing so, you also empower the security agencies, to pay more attention to intelligence gathering to make sure that insecurity in such areas are checkmated. These criminals we are talking about, people know where they are.
And that’s why when it keeps happening, people keep asking, why is it that this area has been under siege for some time now, nothing is done. These Flashpoint areas are known, they strike, they move into a particular area. And so I think due attention should be paid in community policing in whichever way and that goes with a greater combination of intelligence, not just ordinary intelligence, well, processed intelligence, collected and actionable. So that when such intelligence is shared within the security agencies, they will spring into action in a well coordinated manner, to deal with that and not just dealing with, that they will also take certain deterrent actions to make sure there is no reppitation. For emphasis, the communities should be properly put in proper perspective in terms of security management.
You recall that about 48 hours after one of your colleagues was suspended. Suddenly we had the revival of Southern senators forum. So let’s have a look at the timing. Don’t you think this will further polarize the country?
SSF has been there. What happened yesterday was the change of leadership. Southern Senators forum had been existing and the ExCO had been operating. All that happened was that yesterday, there was a change in leadership was changed.
It has been said that state policing may not see the light of the day because there are many fears that the state governor may use them as tools for political reasons. What is your take?
We’ve gone past that, because those who are the brunt of criminalities are those who are operating in the state and rural areas. If the states are not stable, the federal government will not be stable. Why are they forming vigilante groups and inaugurating them? They are uniformed and armed? Was Amotekun used for electoral purposes last time? We are talking of something that is bigger than election. Your life and my life, the lives of our children, our relations, the lives of Nigerians residing in communities. That’s why I emphasized on community policing, it doesn’t have to be Nigerian police in whichever Variant it will come. Provided it is legitimately put in place. It’s needed at this time, because most of these heinous crimes are committed in communities. I think the crisis situation far outweighs the initial or original fears of our politicians, especially our governors hijacking the security apparatus that will be put in place when community policing comes also in place so we’ve gone past that, we need security.
After Senator Ningi’s suspension, the Southern Senators met and today we’re having Northern Senators meeting.
They have been existing. Southern Senators forum had been existing as well as the Northern counterpart. I there are impending needs to reenergize them, for purposes of unity, for purposes of governance and quality legislation, it shouldn’t be an issue. This is the budget we are talking about. If a region is not properly taken care of, the forum in a very positive manner can raise the issue up, in a non-confrontational manner. We have looked at this document, nothing is suggesting that something is not balanced.
Interview
Local manufactured goods: Business tycoon tell Lawmakers, Nigerians to emulate China
Published
1 year agoon
February 22, 2024
The Managing Director/Chief Executive Officer (MD/CEO), Prince Interior Furnishing and Furniture Coy Ltd in Abuja the Federal Capital Territory (FCT), Prince Emeka Egwuekwe in this brief interview with our correspondent, while marking 24 years of his company, urges Nigeria’s 10th Senate to not only look onwards, but also emulate countries like China, in the areas of patronizing and encouraging local manufacturers. He also urges legislature to stop importing what can be manufactured in the country. Excerpts.
Qtn: Am I right to say that Nigerian manufacturers are not helping the economy, by not meeting up with the demand by the people, thus they end up exporting what you are supposed to be producing here?
Ans: No! You are not right my brother; it is not easy to do well, when the country isn’t doing well. Nigeria isn’t doing well in the sense that, Nigerian manufacturers manufacture and produce furniture in Prince Interiors Ltd, and other manufacturing companies, but Nigerians import them and the 10th Senate and the National Assembly as a whole are using those imported furniture in their offices, homes, rooms and other places; not only foreign furniture, but other foreign goods that are produced in their country, including foreign vehicles.
I respect Distinguished Legislators of the 10th Senate, but I enjoin them to look into what other nations did and survived and are still doing and surviving. We can’t continue gambling on what won’t work, and as you can see, things are not working out economically. What we should do is to borrow ideas from the counties that passed from what we are experiencing now.
In order to build their economy, 20 years ago, China that was passing through what we are passing through now, shut their border and started to use what they were producing. What we should do now is to close the border to what we can produce and be using them, instead of importing them. This country is blessed by God with manpower, natural resources and; we have a population of over 200 million and the timber we have for furniture gives us the best timber you can think of all over the world. We can feed ourselves with the food we produce, clothe ourselves with cloths produced in this country, among others.
Qtn: As a specialist in the area of furniture – making, can your furniture compete favourably with their foreign counterparts?
Ans: Yes! Our furniture can compete favourably with their foreign counterparts. Although, we need more, but we have the machines to outdo our foreign competitors, but the problems we are encountering are in the area of energy. They export our gas to our neighboring countries, making them expensive and unavailable here. So the best thing to do is to close the border to all those things that will affect our economy negatively. If we can shut our borders, at least for four years to address our economy, I don’t see what is wrong in doing that.
Another problem is inflation, which is being caused by excessive importation, instead of producing our own for export too. To encourage manufacturers to produce enough for use domestically and also for exportation, will go a long way to address our unfavourable balance of trade, at the international trade, that has over the time been affecting our economy in small measure.
The former Central Bank Nigeria (CBN) governor, Sanusi condemned in its entirety, the speed at which Nigeria was importing, even a toothpick, something that could be produced locally in the country. I wonder how a nation that does that would survive. We export money (?); do capital flight to go and give other nations jobs and import poverty to ourselves. Today see where it has landed us.
Qtn: It looks like you are opposing the government in power, aren’t you?
Ans: No! We are in support of the Renewed Hope Agenda policy of President Ahmed Bola Tinubu. This isn’t about Mr President or any person, we are talking about Nigeria. I am only pointing all these out for the government in power to know our plights, which if considered will go a long way. We know that things are hard, but I believe that with the policy in place, it will soon be okay. As you can see, the Naira is gradually appreciating and a bottle of water is still sold at N120 as against a Dollar plus in the US. Things are really bad, but nothing good comes easy. That is why we should all join hands to support the government.
As you can also see, the National Assembly under the leadership of His Excellency Godswill Akpabio, a former governor and later a minister is expected to deliver. A careful look at the senators would show you that they are out for business. So I am not opposing the government, but I am only supporting them by saying the truth.
Qtn: With the importance of forest in timber production, for furniture, among others and with the increase in deforestation in Nigeria, how do you get wood, or have you people been importing them?
Ans: If there is anything Nigeria has in large quantities, it is forest, which produces the best timbers in the world. We have thick forests with timbers in states like Cross Rivers, Ondo, Taraba, Edo, just to mention, but a few. Let me tell you something, furniture production has taken another dimension. It has gone digital. We don’t need much wood to do furniture again; we mostly use sawdust to produce furniture.
We need to have those machines imported, the way a Chinese company did 20 years ago. The Chinese government met the MD of a furniture company that is the founder of furniture in China, asked him how they can help him in his work which he has been doing manually, so as to be producing them in large quantities, in order to stop importing them. He told them, that the answer to their question was machines that were being manufactured in Italy. They then gave him the money to import those machines. Having imported the machines, instead of one bed in 10 days, he started to do 10 in a day. Due to the result, they asked him if they could bring Chinese boys to be trained, he allowed that and with those boys, each was doing 10 beds in a day, and 100 students would produce 1,000 beds in a day.
With the development, China began to produce any quantity of furniture they needed for local use and export too and they stopped importing from Italy.
Qtn: The way you people make demand from the government is confusing. While some are talking about the high rate charged by banks for loans, others are talking about non patronizing by the government, while the rest are talking of nonrefundable loans, grants and closing the border, which one is paramount.
Ans: The solution is not in giving money to the people, because if you give money out without patronizing the person, it will be in vain. If you can’t sell what you produced, you will not only shut down business, but also you will not be able to pay back the money you were given on loan. You know that when you shut down business, it will affect your workers.
As I said earlier, the solution is to close the border to those things we can produce in their country and the government and the people will start to buy and use them with pride. The government shouldn’t add problems to the one we have already. What they should do is to close the border to those things we can produce and we begin to use goods made in Nigeria. Let the government also reactivate our manufacturing companies. We had a good textile company in Kaduna, that needs reactivation.
I want to inform you that the Chinese people come to Nigeria to cut our wood for export. They go to Bayelsa and Taraba, dash cars to their community heads, and go into forests and cut our trees, make timbers out of them for export and a cubic of these woods is sold at about $1,000. We are talking about oil, but these people cut these woods in large quantities and go away with them and nobody is asking questions. A cubic of these woods, we could sell at $1,000 and the officers and men of Nigeria Customs Services don’t know the value of what they have been moving out of this country. All they care to say is that the duty has been paid, without knowing the value of what these people have been taking out of this country.
Qtn: Your Company is 24 years now, can you tell us how you have been emulating China to empower others?
Ans: As we speak now, the most important thing to my life is to prepare to train the carpenters that will take over from me, because Nigeria is losing them every day. Most of these young carpenters we trained in this company are leaving this country for Canada and Australia, because those countries they see as where there are greener pastures for them. In the next five years, you won’t have carpenters in this country and that is why I am building a vocational institute: Prince Interior Vocational Training Institute, by Naval Estate in Asokoro, here in Abuja, which will start by February next year.
This institute has about 99 components, including carpentry, iron – bending, water gas welding, bricklaying, among others, and nobody is asking prince how he is sure that the institute starts immediately. Knowing the value of what we are doing, the United Nations Industrial Development Organization (UNIDO) has indicated interest to partner with us now.
Qtn: We used to hear about Prince Interior and for some time now, we haven’t been hearing about this company, what efforts have you been making to let government know your plights?
Ans: We talk through the media. Recently, we went to the Senate in the National Assembly and we discussed at length with the Senate president, who promised to look into our plights and we are waiting for him, because I think that he understood why we were there. We explained to them that giving money to the sector wasn’t the problem. The problem, as I have explained earlier was non patronage of locally manufactured goods. If you give the money, without patronage, the business will collapse.
Although I respect them as the senior citizens, but I told them that they are one of the problems we have; the reason is that they are using imported cars, while we have companies that manufacture these cars in Nigeria; they are using imported furnitures, even the ones in their conference room are imported and we produce the ones that are far better than those foreign ones. Chinese are using furnitures from China and know what stops us from using furnitures from Nigeria. I have furnitures of about 30 year of life span, because we use the best woods to produce them. Most 5 – star hotels, schools and offices that were furnished with our furnitures from Prince Interior are being used, sat and slept on and nobody is complaining.
Qtn: In order to give the country favourable ballance of trade at the international level, what efforts are you making to be exporting these products of yours?
Ans: We would like to export our products, but the encouragement from the government isn’t there. The Honourable Minister, Federal Ministry of Industry, Trade and Investment (FMITI) is expected to come to know what we are doing, through Nigeria Export Promotion Council (NEPC); to know what we are doing internally, but they never cared to come. Under this condition, it won’t be easy for you to get license for exportation of our goods. In 2010, we went to China with NEPC and the the DG to hear all the stories about closing boarder and the man told us all these stories about closing boarder to what we could produce and the DG was there and I was one of those in the entourage. The Chinese man made out time to lecture us in details on the importance of closing boarders to what we could produce, and the DG promised to to do something about it. It is now about 14 years and nothing has happened.
- New Look, New Record: KLN RebrandsSupporting UNICEF HK with 286-Child Coin Toss for The GUINNESS WORLD RECORDS™ AttemptHONG KONG SAR - Media OutReach Newswire - 27 April 2025 - KLN Logistics Group Limited ("KLN"; Stock Code 0636.HK) today announced the official launch of its rebranding initiative with a grand event held at its Hong Kong Headquarters. 286 children from various […]
- AIA Hong Kong continues to lead the insurance industry with 9 market No.1 in 2024Number of New Business Policies tops the market for 11 consecutive years HONG KONG SAR - Media OutReach Newswire - 25 April 2025 - AIA Hong Kong continues to lead the industry with 9 market No.1 in 2024, according to the Provisional Statistics of the Insurance Authority on Hong Kong Long-Term Insurance Business1: Number of […]
- Feng Wei Ju and 8½ Otto e Mezzo BOMBANA Garner Coveted Diamond Awards in Black Pearl Restaurant Guide 2025MACAU SAR - Media OutReach Newswire - 25 April 2025 - 2025 Black Pearl Restaurant Guide Award ceremony for Hong Kong, Macau, Taiwan and overseas regions took place today in Singapore. Galaxy Macau™, the world-class luxury integrated resort (referred to as "Galaxy Macau"), proudly celebrated standout recognition for its most esteemed dining establishments—8½ Otto e […]
- Creww and Real Madrid Next launch Batch 2 of "Real Madrid Next Accelerator for Asia"TOKYO, JAPAN - Media OutReach Newswire - 25 April 2025 – Creww Inc. (Japan Office: Shibuya-ku, Tokyo, Representative: Sorato Ijichi, hereinafter "Creww"), Japan's leading open innovation platform provider, and Real Madrid Next are pleased to announce the launch of "Real Madrid Next Accelerator for Asia" Batch 2, an accelerator program which started in 2024, aimed […]
- Digital Storytelling: "Zhengzhou in Cultural Relics" Debuts with AR Reconstructions Global Premiere on International Day for Monuments and SitesZHENGZHOU, CHINA - Media OutReach Newswire - 25 April 2025 – On International Day for Monuments and Sites (April 18), Zhengzhou in central China's Henan Province launched the documentary series "Zhengzhou in Cultural Relics" for global distribution, digitally bringing the brilliance of Central Plains civilization to worldwide audiences. Curated from the 50-episode documentary "Zhengzhou in […]
Entertainment


Shave your beard before you ban dreadlocks — Daddy Showkey replies Niger Governor Bago
Irked by Niger State Governor’s directive to arrest anyone with dreadlocks in the State, Ace Nigerian musician Daddy Showkey has...


Actress Buhle Samuels facing fraud charges over Porsche SUV she once showcased as gift
Actress and former Muvhango star Buhle Samuels is reportedly facing fraud and forgery charges related to a luxury Porsche SUV...


American Music Awards: Wizkid, Rema others nominated
The 51st edition of the American Music Awards is set to return and Nigerian stars are once again in the...
Ekiti: A path to economic emancipation
Ribadu will emerge as successor to Tinubu in 2031 – Primate Ayodele predicts
Gov Ododo’s inclusive style of governance lauded as exemplary — Spokesman
Suspected housewife kidnapper, 5 others, remanded in Correctional Centre, Minna
Sunday Worship Service: Topic: The Laws of Proper Speech

Ekiti: A path to economic emancipation

Ribadu will emerge as successor to Tinubu in 2031 – Primate Ayodele predicts

Gov Ododo’s inclusive style of governance lauded as exemplary — Spokesman

Suspected housewife kidnapper, 5 others, remanded in Correctional Centre, Minna

Sunday Worship Service: Topic: The Laws of Proper Speech

2027: Echocho, Service to ‘kingdom on bended knees’ and the way to go

Echocho donates cash, rice to rainstorm victims in Dekina town

Rivers Crisis: Fubara to defect to APC, shouldn’t seek re-election in 2027 [Agreement with Tinubu in London]

Governor Okpebholo predicts fall of PDP in Edo

Lunar eclipse over Jerusalem may mark date of Jesus’s crucifixion, NASA reports

BREAKING: Suspected ‘Abu Odoma boys’ set Maikano Diesel Generator donated by Muri ablaze overnight at Idah LG

Research funding: Union demands 5% tax from 14 MDAs

2023: Senator Marafa, Ex-governor Yari defect to PDP
