THISDAY

Stakeholde­rs Task FG to Prioritise Manufactur­ing for Economic Growth

- Gilbert Ekugbe

Stakeholde­rs at the Equipment and Manufactur­ing West Africa (EMWA) 2023 exhibition have called on the federal government to prioritise and formulate policies aimed at encouragin­g both local and foreign investors in the nation’s manufactur­ing sector.

Besides, the sector is the highest employer after the federal government which also has the capacity to create wealth and generate job opportunit­ies for the nation’s teeming unemployed youths in the country.

They gave the charge at the EMWA 2023 exhibition and conference with the theme: “Reigniting Manufactur­ing to Drive Economic Growth and Developmen­t” in Lagos.

The event Director, EMWA, Joseph Oru, said the advice was pertinent, given that the manufactur­ing sector is the catalyst for the growth and developmen­t of any nation.

Oru described the conference as a platform where expertise and knowledge can be shared alongside serving as a testament to the ingenuity, innovation, and transforma­tive power of the manufactur­ing sector.

He said EMWA 2023 was also a training environmen­t for manufactur­ing staff and a dynamic hub where cutting-edge technologi­es, revolution­ary processes, and visionary minds converge and forge fruitful collaborat­ions.

“All these come together to serve as a catalyst for innovation, partnershi­ps, and the collective advancemen­t of the manufactur­ing and industrial sector.

“From new innovation­s to ground-breaking automation solutions, from sustainabl­e manufactur­ing practices to breakthrou­gh research and developmen­t, this exhibition encapsulat­es the very essence of the manufactur­ing landscape.

“Through conference­s, workshops, and interactiv­e sessions led by industry experts, we aim to empower you with insights, strategies, and tools to navigate the ever- changing landscape of manufactur­ing.

“In spite of how the election year has turned out to be and with a new government in place, I urge them to come out, collaborat­e with the private sector and put manufactur­ing at the forefront of their policies to build a better Nigeria,” he said.

Also speaking, the Founder, ZenoLynk Technologi­es Ltd, Technology Service Provider for LagosRide, Mr Tumi Adeyemi, said a strong manufactur­ing base would ensure selfsuffic­iency, reduce import dependency, and stimulates exports, thus bolstering the nation’s trade balance.

 ?? ?? L-R: Chief Executive Officer, RegTech Africa, Cyril Okoroigwe; Mobile Money Regulatory Specialist, Global System for Mobile Communicat­ions (GSMA), Winnie Wambugu and Chief Executive Officer/ Managing Director, 9 Payment Service Bank, Branka Mracajac, during the RegTech Africa Conference 2023, which held in Lagos…recently
L-R: Chief Executive Officer, RegTech Africa, Cyril Okoroigwe; Mobile Money Regulatory Specialist, Global System for Mobile Communicat­ions (GSMA), Winnie Wambugu and Chief Executive Officer/ Managing Director, 9 Payment Service Bank, Branka Mracajac, during the RegTech Africa Conference 2023, which held in Lagos…recently

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