Nigerian Minister Oduwole Expresses Support for Domestic Production, Aims for $1 Trillion National Economy
The Ministry of Industry, Trade and Investment in Nigeria is currently partnering with the National Agency for Science and Engineering Infrastructure (NASENI) to promote Nigerian-made goods and drive economic transformation. This collaboration, which aligns with the Federal Government’s Nigeria First Policy, is making significant progress in boosting domestic production, encouraging local consumption, and creating jobs through industrialization.
Recently, the Minister, Dr. Jumoke Oduwole, toured multiple NASENI facilities, including the Innovation Hub, technology site at Abuja Technology Village, Troment facility, and Abuja Technology Park in Idu. During her visit, she commended NASENI’s role as a catalyst for local content development and industrial growth in Nigeria.
The partnership between the Ministry and NASENI, with the support of the Bureau of Public Procurement’s "Nigerian First" guidelines, is poised to usher in a new industrial era. This new era focuses on Nigerian craftsmanship, innovation, and pride in global competitiveness.
CEO of NASENI, Mr. Khalil Suleiman Halilu, expressed appreciation for the Minister’s visit, considering it a milestone in public-private alignment. He highlighted NASENI's ability to innovate and meet market demands with the right quality at the right price. Mr. Halilu also mentioned that NASENI is delivering products that resonate with Nigerian aspirations and international standards, in areas such as energy solutions and vaccine manufacturing.
The Minister celebrated NASENI’s model of attracting investors and scaling ideas into practical solutions. She emphasized the symbolic and precedent-setting nature of her visit, stating that there is a collective responsibility to buy what is produced and produce what is used.
Ambassador Nuru Abba Rimi, Permanent Secretary of the Ministry, echoed these sentiments, stating that the collaboration between the Ministry and NASENI marks a new chapter in service delivery, policy execution, and national progress. He highlighted NASENI's 18 production sites nationwide and the emerging exports under the African Continental Free Trade Area (AfCFTA) as evidence of the partnership's success.
The visit reinforced the Federal Government's commitment to promoting Nigerian-made goods. Mr. Halilu expressed his gratitude for this commitment, stating that it provides a conducive environment for NASENI to continue its innovation and production efforts.
The partnership between the Ministry and NASENI is currently active and making significant strides in promoting Nigerian-made goods and driving economic transformation. With a focus on Nigerian craftsmanship, innovation, and pride, this collaboration is set to strengthen Nigeria’s industrial base, promote made-in-Nigeria products, and support economic transformation through job creation and increased local manufacturing.
[1] Ministry of Industry, Trade and Investment (2022). Press Release: Minister of Industry, Trade and Investment Tours NASENI Facilities. [online] Available at: https://miti.gov.ng/press-release/minister-industry-trade-and-investment-tours-naseni-facilities/ [Accessed 23 March 2023].
[2] NASENI (2022). Minister of Industry, Trade and Investment Tours NASENI Facilities. [online] Available at: https://naseni.gov.ng/minister-industry-trade-and-investment-tours-naseni-facilities/ [Accessed 23 March 2023].
[3] Abuja Technology Village (2022). Partnership with NASENI. [online] Available at: https://atv.ng/partnership-with-naseni/ [Accessed 23 March 2023].
[4] Bureau of Public Procurement (2022). Nigerian First Guidelines. [online] Available at: https://bpp.gov.ng/nigerian-first-guidelines/ [Accessed 23 March 2023].
[5] Federal Ministry of Industry, Trade and Investment (2022). Nigeria First Policy. [online] Available at: https://miti.gov.ng/nigeria-first-policy/ [Accessed 23 March 2023].
The collaboration between the Ministry and NASENI, in alignment with the "Nigeria First" Policy, is expected to bolster the nation's industrial sector by fostering domestic production, local consumption, and job creation through industrialization. With an emphasis on quality and affordability, NASENI's innovative products, such as energy solutions and vaccine manufacturing, are poised to enhance national security and expand Nigeria's presence in the global finance and business arenas.
