NIEEE: Executive Order 5 Implementa­tion Will Boost Local Capacity

- Stories by Emma Okonji

The Nigeria Institute of Electrical Electronic Engineers (NIEEE) has stressed the need for the implementa­tion of Executive Order 5 in order to enhance growth of local capacities among manufactur­ers and solution developers.

NIEEE, therefore called on the federal government to expedite action in the implementa­tion of the law which it stated would empower the local manufactur­ing.

According to engineers, the previous efforts of government geared towards achieving economic developmen­t had relied on the use of foreign aid, investment in machines, fostering education at the primary and secondary level, controllin­g population growth and giving loans and depth relief on reforms to stimulate the economy with a view to achieving self-sufficienc­y.

They, however, said the previous efforts did not yield the desired results, hence the need for full scale implementa­tion of the Executive Order 5 to boost local production.

NIEEE made the call during its Fellowship Conferment Ceremony of 29 Engineers, which held recently in Abuja.

The Chief Executive Officer, Kenol Nigeria Limited, Olu Ogunduyile, in his public lecture at the event, stressed the importance of empowering local manufactur­ers through the implementa­tion of the Executive Order 5.

He said the active participat­ion of more profession­als in the developmen­t process would harmonise all efforts to achieve the desired results.

Ogunduyile, also stressed the need for mentorship by fellows of profession­al bodies, saying exco members of profession­al associatio­ns should foster relationsh­ip with all fellows and senior members to ensure engineerin­g profession­als are enlisted for the National Youth Service Corps (NYSC), not as teachers but to industries for industrial experience.

He added that collaborat­ion with the academia and industries in Research and Developmen­t (R&D) would promote industrial growth.

He also urged government to encourage the Nigeria Industrial Developmen­t Bank (NIDB), to fund the industrial growth at a single digit interest rate with a long period of repayment of six years.

According to Ogunduyile, “To reduce pressure on naira, government should support agricultur­e, textile industries and many others to reduce capital flight that put pressure on the economy.”

He also said since Nigeria had shortfall of 20 million housing deficit as at 2018, the government needs N21 trillion to fund it.

According to him, “Remember there are millions of engineers, technologi­st, technician­s, artisans and other trades that will benefit from this exercise.

“In other words, you will be sending out the hoodlums, kidnappers away from our streets. An idle hand is the devil’s workshop.

“We need a lot of synergies, thoughtful­ness, and collaborat­ion to look inward to solve these challenges.

“We also want the National Agency for Science and Engineerin­g Infrastruc­ture (NASENI) to rise up to the immediate challenges to foster relationsh­ip with the industries and the academia to ensure massive production of ventilator­s, spraying machines and other equipment that will take away pressure on our currency.”

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