Breaking News
Home » All News » FG to ban importation of goods produced in Nigeria

FG to ban importation of goods produced in Nigeria

The Federal Government will soon ban the importation of goods being produced in Nigeria to reposition the manufacturing sector.

Minister of Trade and Investment, Doctor Olusegun Aganga made this known during his facility visit to Innoson Vehicles Manufacturing Plant and Innoson Industrial Plastic Plant in Enugu and Anambra States.

He said “this is part of a deliberate policy to protect local industries, boost their productivity and create more job opportunities for Nigerians”.

Doctor Aganga said “the new initiative is part of the National Industrial Revolution Plan of the Federal Ministry of Trade and Investment”.

According to him, it is aimed at repositioning the manufacturing sector in line with President Goodluck Jonathan’s Transformation Agenda.

The Minister said “once the process is completed, nobody would be allowed to import those things produced in Nigeria into the country, especially those items that Nigerians have comparative and competitive advantage”.

He also disclosed that the Federal Government is planning to review the country’s public system to give more opportunities to Nigerian companies in line with his ministry’s Industrial Revolution Plan.

The Minister of Trade and Investment said “Nigeria, like other countries across the world would have preferential treatment for goods produced in the country”.

Comments

comments

Check Also

Socio-economic activities affected in parts of Benin Metropolis in aftermath of downpour

TweetToday’s downpour in Benin City took workers in the public and private sectors unaware as …

Scroll Up