By Abba -Eku Onyeka, Abuja
The Federal Government (FG) has announced plans to establish an industrial revolution work group aimed at revitalizing the manufacturing sector, creating more jobs, and driving sustainable economic growth, according to a press release from the Director, Press and Publiç Relations, Federal Ministry of Industry, Trade and Investment (FMITI), Dr Thomas Adebayo on Thursday.
According to Senator John Owan Enoh, Minister of State for Industry, the work group will be chaired by him and will include the OPS chairman and other key players. The group will meet quarterly with stakeholders to evaluate performance and address challenges.
Senator Enoh emphasized the need for a radical approach to revolutionize the Nigerian automobile industry and other manufacturing sectors. He also highlighted the importance of inter-ministerial collaboration, particularly with the Ministries of Power and Finance, to resolve industry challenges systematically.
The President of the Manufacturers Association of Nigeria (MAN), Chief Francis Meshioye, underscored the importance of strategic collaboration to enhance the performance of the industrial sector. “The industrial sector, as a catalyst for sustainable economic growth, remains an enabler, blurred with its inter-sectoral linkages providing the fastest route to achieving economic aspirations,” he stated.
The Director-General (DG) of MAN, Mr Segun Ajayi-Kadir, called for a review of the timeframe for backward integration of crops and minerals, strategic tackling of security challenges, and an overhaul of the educational curriculum to emphasize skill acquisition.
The FG’s commitment to resuscitating the textile industry to create more jobs for youth was also reaffirmed by Senator Enoh.
The establishment of the industrial revolution work group is a significant step towards revitalizing Nigeria’s manufacturing sector and achieving sustainable economic growth through strategic collaboration and innovative solutions.
