By, Giwa Alex , Jos.
The Federal Government of Nigeria and the State governments have been called upon to work in synergy and carry along relevant stakeholders in fashioning out appropriate strategies to improve and stabilize the country’s economy.
President Manufacturers Association of Nigeria, MAN, Dr. Frank Udemna Jacob, ( MON) made the call in Jos, during the 33rd Annual General Meeting of the Manufacturers Association of Nigeria, decried the negative effect the current recession poises on the manufacturing sector.
He said, even though the year 2017 consolidated the post-recession performance of the economy, the manufacturing sector still seated uneasily on the brink of the recession.
He urged the Governors of the zone, comprising Bauchi, Benue, Plateau, Borno and Adamawa states to step up efforts to encourage more investment in manufacturing by providing incentives in infrastructure that would encourage investors as well as taking a closer look at the regulatory functions of Ministries, Departments and Agencies of government that will encourage investors.
The 33rd AGM which has its theme: ” Unstable Economic Policies, Insecurity In Nigeria, Bane To The Sustainability Of The Manufacturing Sector, had Major Gabriel Ad’ofikwu, a security expert and Managing Director and CEO of Damex Consultants Limited, as the Guest Speaker.
In his lecture “Unstable” Major said the government is to be held responsible for for the economic problems bedeviling Nigeria because of government inconsistent laws .
“Since 1960, Nigeria government has not made any laws on the country’s economy that has taste of time, this has in great essence have negative impart on the Nation”
In his welcome speech, the Managing Director Adama Beverages limited , Alhaji Ahmed Jarma expressed worries over the multiple taxation on manufacturing sector as well as , high power tariff coupled with insufficient and poor quality supply causing low performance of industries.
Represented by Mhir Iyenge, appeals to plateau state government to carry pot- road maintenance at the industrial layout of the Jos international Breweries is located to ease the transportation of goods from factory location to the market.
‘ In the light of the above mentioned , there are many moribund industries cut across seven(7) states within our branch which have been truncated by one issue or the other ranging from financial constraint to lack of patronage.
“We call on both federal and state governments to weigh into this matter by reviving these industries as they do not only generate revenue or improve the economic base of the state aside provide gainful employment to it’s teeming population buy provide necessary goods and services to cater for human needs’.
In his remarks, plateau state government through the permanent secretary, in the ministry of commerce and Industries, Samuel Ibrahim commended manufacturers for their contributions to the growth of the state, promising that as a government they will not relent in creating an enabling environment for their businesses to strive.
