Buy Made in Nigeria Products, only way out for Nigeria’s economy - Buchi George

Mon, Apr 22, 2024
By editor
2 MIN READ

Economy

TRADE and commerce promoter, Nwabueze Buchi George has said that backing local production with strong purchase is the only way to grow Nigeria’s economy.

Buchi George, who is the President of Globe Chambers of Commerce and Industry, made the statement in an event held in Abuja, Nigeria to promote their ‘Buy Made in Nigeria Products’ project.

He said the event was designed to find a way to bridge the gap between production and purchasing of made in Nigeria products, adding that it is the only practical way to save the economy.

“We have been on this gospel for years now and we still insist that the more we make the world depend on us for a number of things other than oil, the better our economy will become”

“Nigerians are smart and very productive, we know what to do, but where demand does not meet supply, it becomes a waste of time and resources. Our ‘Buy Made in Nigeria Products’ project is not just advocating that we only sell in Nigeria, but we also sell around the world”, he said.

Also speaking at the event, the Permanent Secretary, Cabinet Affairs, Office of the Secretary to the Government of the Federation, Richard Pheelangwah, said that Made in Nigeria goods are world standard, adding that it is good to find a way to get it across the globe.

Pheelangwah also said that making Nigerian products gain global recognition will create a lot of jobs as well boost the country’s economy.

The event is part of preparing for the Nigeria Economic Forum and Buy Nigeria Expo which have been scheduled for Europe, Asia and North America.

The European edition will be held in Lisbon, Portugal – May 26-27, 2024; Valletta, Malta – May 23-24, 2024.

The Asian edition will be held in Tokyo, Japan – June 3-5, 2024; Seoul, Korea – June 4-5, 2024; Taipei, Taiwan – June 23-26, 2024.

The North American edition will be held in Edmonton, Alberta, Canada – May 28-30, 2024; Vancouver, Canada – July 3-6, 2024; Calgary, September 17-20, 2024.

Nwabueze Buchi George further stated that registration for all editions will be via their official website www.nigeriaecbdforum.com, adding that it will be a great opportunity for producers and service providers to reach more people on a global scale.

F.A

April 22, 2024

Tags:


Naira down to N1,670/$ in parallel market

THE Naira yesterday depreciated to N1,670 per dollar in the parallel market from N1,665 per dollar on Tuesday.Similarly, the Naira...

Read More
‘Release Of Funds Must Be Tied To Ideas and Projects’, Says Gov Eno

THE Governor of Akwa Ibom, Umo Eno has said release of funds in the state must be tied to projects...

Read More
Yuan strengthens 7.1880 against dollar

THE central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 11 pips to 7.1880 against the dollar...

Read More