Govt Must Ensure Success of Indigenous Firms, Says Saraki | WakaWaka Reporters

Govt Must Ensure Success of Indigenous Firms, Says Saraki

Senate President, Dr. Abubakar Bukola Saraki has charged all arms of government to push for the success of indigenous manufacturers as a way out of the country’s economic quagmire.

Saraki gave the charge while receiving a delegation from the Innoson Motor Manufacturing Company, Nnewi, led by Chief Innocent Chukwuma, the Chairman and founder of the company, in his office on Monday.

He urged the government to use legislative instruments and policy initiatives to protect the local industries as a deliberate way of reviving the economy.

Innoson Motors is the only Nigerian company manufacturing automobile of different ranges and it is based in Nnewi, Anambra State.

He said one of the actions government should quickly introduce is to ensure that local industries are patronized by government agencies so that Nigerian manufacturers can enjoy the advantages accruing from the big market that her population offers.

“That is why this eighth Senate is determined to amend the Procurement Law to ensure that government agencies patronize Made in Nigeria products.