LAGOS – Manufacturers Association of Nigeria, MAN, has said the recent ban on frozen poultry products, pharmaceutical products and some categories of drinks, among others, will lead to increase in the capacity utilisation of the affected sectors.

Director in charge of Economics and Statistics Department of MAN, Mr. Ambrose Oruche, who disclosed this to Vanguard in Lagos, commended government’s decision to place ban on some imported items which he said would have positive effect on the manufacturing sector if properly implemented.

He said: “Yes, it will have positive effect on the sectors affected. The manufacturing sector has the capacity to meet the demand as a result of the policy.

“When we operate below 45-44 percent capacity, it means that there is 54-55 per cent capacity that is lying idle. All that is needed is to deploy the idle capacity. So the capacity is there but the issue is Nigerians patronising made in Nigeria products.”

“If the restriction is properly implemented, definitely it is bound to have a ripple effect on the sectors in the economy.”

He expressed worry over the ability of government agencies to effectively enforce the import restriction policy which he noted will make none-sense of the intension of the policy.

“Another major thing about import restriction is the effectiveness of the implementation because when you restrict some products and you get to the super-market and you find them there, it shows that it is not working. The authorities in charge, the Customs and all the other relevant agencies must be on their feet to make sure that the policy works because if the policy does not work, it will still not have effect

“Another point is the issue of re-orientation because Nigerians believe that foreign products are better or they prefer foreign products, also that foreign culture is better than their own culture, that what is outside is better than what is inside, which is the belief of an average Nigerian.

“That is the major problem, when we begin to look down on what we have and then believe that what comes from the outside is better, that is a sign of inferiority, a sign of not believing in oneself.

“I do not expect an American preferring made in Nigerian goods to that made in America. It is all about patriotism, it is all about believing in ourselves,” he noted.

http://www.kikiotolu.com/2017/01/import-restriction-will-increase.html

Lalasticlala Mynd44 seun Dominique

Without any power to run the factories where are they going to achieve any capacity utilisation?

I dedicate this FTC to the Corper who stole my phone in a bus may Jungle Justice catch up with you!

Lol! When Fashola seize light

The manufacturing sector has the capacity to meet the demand as a result of the policy.

This is ignorance, if the manufacturing sector can produce those products, let them produce them and meet the demands, don't deprive the citizens the rights to their needs.

Noddles, pure water and plastics are produced locally and demands are adequately met so no one imports them.

These sectors have associations of this and that, and all they do is set the price rather than let demand, cost of production, competition etc give both buyers and sellers a fair playing ground

I don't know oooo

With the recent increase in forex supply, the restrictions should still be in place, things will pan out at last.

Grammar

It doesnt work like that,economics is peculiar to people,what works in india or peru maynt necessarily work for nigerians."economics is a study of human behaviour..."

Do you have enough?

Yarnvibes:

LAGOS – Manufacturers Association of Nigeria, MAN, has said the recent ban on frozen poultry products, pharmaceutical products and some categories of drinks, among others, will lead to increase in the capacity utilisation of the affected sectors.

Director in charge of Economics and Statistics Department of MAN, Mr. Ambrose Oruche, who disclosed this to Vanguard in Lagos, commended government’s decision to place ban on some imported items which he said would have positive effect on the manufacturing sector if properly implemented.

He said: “Yes, it will have positive effect on the sectors affected. The manufacturing sector has the capacity to meet the demand as a result of the policy.

“When we operate below 45-44 percent capacity, it means that there is 54-55 per cent capacity that is lying idle. All that is needed is to deploy the idle capacity. So the capacity is there but the issue is Nigerians patronising made in Nigeria products.”

“If the restriction is properly implemented, definitely it is bound to have a ripple effect on the sectors in the economy.”

He expressed worry over the ability of government agencies to effectively enforce the import restriction policy which he noted will make none-sense of the intension of the policy.

“Another major thing about import restriction is the effectiveness of the implementation because when you restrict some products and you get to the super-market and you find them there, it shows that it is not working. The authorities in charge, the Customs and all the other relevant agencies must be on their feet to make sure that the policy works because if the policy does not work, it will still not have effect

“Another point is the issue of re-orientation because Nigerians believe that foreign products are better or they prefer foreign products, also that foreign culture is better than their own culture, that what is outside is better than what is inside, which is the belief of an average Nigerian.

“That is the major problem, when we begin to look down on what we have and then believe that what comes from the outside is better, that is a sign of inferiority, a sign of not believing in oneself.

“I do not expect an American preferring made in Nigerian goods to that made in America. It is all about patriotism, it is all about believing in ourselves,” he noted.

http://www.kikiotolu.com/2017/01/import-restriction-will-increase.html

Lalasticlala Mynd44 seun Dominique

If only there is steady power supply.

How will business thrive without light?

MAN is hustling for thier own pocket not the interest of Nigerians. They will produce at high cost and pass it to Nigerians, Wetin concern them? I will only take them serious if they promise that the cost of product they produce will be the same or cheaper than imported ones.

...

It will also make the restricted items more expensive, which will affect more people than any potential boom in the manufacturing sector.

modest65:
If only there is steady power supply.

Which is not going to be the case, as we all know.

Seun:


Which is not going to be the case, as we all know.

Imagine, even fashola of all people couldn't do much

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