The Minister of State for Business, Commerce and Funding, John Enoh, has underscored the necessity for elevated authorities involvement in supporting native industries, detailing ongoing efforts to finalise insurance policies designed to guard and promote home producers.
Referring to the ‘America First’ coverage of President Trump, he stated Nigeria should give precedence to its industries to unlock the potential of its burgeoning inhabitants. Making this recognized throughout a current tour and go to to Coleman Wires and Cables Industries Restricted in Sagamu, he praised the corporate for its impactful contributions to Nigeria’s manufacturing sector. Expressing admiration for the corporate’s achievements, he reiterated the authorities’s dedication to fostering industrial development, including that they’ll proceed to encourage collaboration with the true sector to drive financial growth. Responding, Managing Director and Chief Government Officer (CEO), Coleman Wires and Cables, George Onafowokan, expressed optimism for the way forward for the trade underneath the present administration. “For us, it’s about specializing in supportive collaboration relatively than obstacles. With a minister advocating for the trade, we consider optimistic adjustments, comparable to fiscal insurance policies benefiting producers and sector protections, are on the horizon.”
Enoh reassured trade stakeholders of the federal government’s dedication to fostering an enabling setting for industrial development, job creation and financial sustainability, saying, “If the trade doesn’t develop, Nigeria gained’t thrive. The President has demonstrated management on this space, and we’ll proceed to assist and associate with trade gamers like Coleman.”
He stated the tour was a part of the federal government’s willpower to strengthen native manufacturing, scale back dependence on imports and guarantee regionally made items are aggressive within the international market.