In launching Nigeria as the next manufacturing hub, the Manufacturers Association of Nigeria (MAN), in partnership with Spintelligent Pty and Clarion Events Limited, will be organising the third annual Manufacturing Partnership for African Development (mPAD) and Nigeria manufacturing Expo to enhance the performance of manufacturers.
The event which will take place from March 15-17, 2016, in Lagos, will have hundreds of manufacturing professionals and potential investors in attendance to discuss challenges, explore the best that Nigeria has to offer and discuss the way forward.
The director-general, MAN, Remi Ogunmefun, said, “The Nigeria Manufacturing Expo will be an international platform to showcase manufacturing machines, facilitate re-tooling, build capacity of plant managers, stimulate investment and promote made-in-Nigeria products in accordance with the provisions of the Nigerian industrial Revolution Plan (NIRP).
“We will mobilise MAN members and other stakeholders on the manufacturing value chain to participate in the exhibition.”
According to the director of the Nigeria Manufacturing Expo, Russell Hughes, there is more to Nigeria than oil. He said that last year Nigerian imports of food processing and packaging machinery increased over 20 per cent to $365 million, plastics and rubber products grew by 23.8 per cent and $7.4 billion was spent on importing vehicle and automotive parts along with the National Automotive Council (NAC) disbursing $46 million in loans aimed at developing local production.
The director of Trade and permanent secretary, Federal Ministry of Industry, Trade and Investment, Mr Yunusa Labaran, noted that the plan for the Nigeria Manufacturing Expo is apt and timely because of government’s eagerness to reposition the manufacturing sector which hitherto has been neglected due to over dependence on oil. He pointed out that to enhance the performance of the manufacturing sector, government has to address the energy and infrastructural challenges which has inhibited the maximum contribution of the sector to gross domestic product and economic growth of this country.
Source : Leadership