Saraki ‘Made-in-Nigeria initiative likely to take us out of recession,’ Senate President says

Saraki also said that the Senate would support all Nigerian based entrepreneurs who participate in the project.

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Senate President, Bukola Saraki.

(NAN)
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Senate President, Dr. Abubakar Bukola Saraki has said that the Made-in-Nigeria initiative is likely to take the country out of the current recession.

Saraki also said that the Senate would support all Nigerian based entrepreneurs who participate in the project.

He made the comments on Wednesday, February 8, when an American firm - Diamond Designs Limited - visited him in Abuja.

“At the moment, the budget process is on and we intend to use that opportunity to engage the MDAs (Ministries, Departments and Agencies) to ensure that when they start implementation of the budget, they will make sure that they patronize locally produced goods more than imported goods,” he said according to a statement.

“Let me commend the efforts you (Diamond Designs Limited) are making and the way you have taken this initiative and policy of ours in the Senate on the issue of made in Nigeria initiative.

“Living in America and having that belief in what we are doing here and now taking them further in providing jobs for our people who ordinarily would be unemployed because there is no demand for this kind of work.

“This is what we are talking about that the Made-In-Nigeria initiative is likely to take us out of the recession. The main aim of this is that we can produce for export and local consumption,” he said.

The Senate President launched the Made-in-Nigeria initiative in January 2017 to encourage Nigerians to purchase locally produced goods.

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The contest will run for three months and will serve the purpose of showcasing raw materials used in producing the goods and the process involved.

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