Enelamah 'Create a policy that favours locally made product,' Minister says

Enelamah added that the Federal Government is focusing on creating an enabling business environment to attract investment and fast track industrilisation.

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Okechukwu Enelamah

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Okechukwu Enelamah, Minister of Industry, Trade and Investment during the Nigerian Economic Summit in Lagos on Monday, February 8, 2016 urged the federal government to create a workable policy to boycott importing everything .

Enelamah added that the Federal Government is focusing on creating an enabling business environment to attract investment and fast track industrilisation.

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The key is to create the right incentive, regulation and policy so that people can work with them and do more locally than just importing. The other thing I should mention is that Nigeria has an industrial revolution plan developed by the last government, but the plan needs to be revisited.

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We need to look beyond the rhetorics and actually implement what we are talking about, because I believe that if we implement them, we will get better result.”

On the same note, Herbert Wigwe, Managing Director Access Bank Plc during the same event highlighted that due the scarcity of forex, manufacturers are unable to but raw materials.

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