Change begins within and Nigeria is currently adopting this
mantra. With plans to increase transparency, diversification,
and improve fiscal management, President Muhammadu Buhari has set the country on the right path to future socio-economic development.
“Nigerians are very energetic and dynamic people, However we require some master-chefing, harnessing this raw material and potential to create a fantastic product“
Waheed A. Olagunju, acting managing
director of the Bank of Industry (BOI)
The ‘Made in Nigeria’ campaign is a vital part of this master plan,as it focuses on developing the abundant resources available in this country while encouraging the utilization of public and private technological means for the cultivation of these assets. Local business and production does not simply create economic value for the country but rather initiates the concept of shared value, which generates economic growth whilst also addressing social challenges.
The ‘Made in Nigeria’ project aims to reconnect company success with social progress, ultimately by creating, adding, and delivering value for Nigeria and Nigerians.
Many global citizens are much more familiar with Made in Italy/France/China and even the USA. The concept of ‘Made in Nigeria’ may just seem like a buzzword today, but Nigerian history presents a vastly different story. During the 6th Century BCE, the Nok society produced elegant and technically accomplished terracotta heads and figures as well as iron tools and weapons. In the south west of Nigeria, the Yoruba had founded Ife, still the spiritual centre of Yorubaland, producing bronze sculptures using the ‘lost wax’ technique. Regarded as a major contribution to the world’s artistic heritage,these natural figures and heads represented great elegance, delicacy, and beauty.
Even during the early 20th Century under British rule, a substantial export trade was built on cocoa, groundnuts, leather, cotton, and vegetable oils. Indisputably, Nigeria’s current greatest exports come from Nollywood. A truly local product, played by Nigerian actors, filmed by Nigerians cinematographers, telling Nigerian stories that are then exported around the world. While the Nigerian economy has certainly diversified its production over the past century, its innovative spirit continues from the country’s inception.
When speaking of production and outputs, people are the first thought that comes to mind and the Nigerian population is a definite asset.
The future made in Nigeria
Change begins within and Nigeria is currently adopting this
mantra. With plans to increase transparency, diversification,
and improve fiscal management, President Muhammadu Buhari has set the country on the right path to future socio-economic development.
