myboy2111:
The Manufacturers Association of Nigeria, MAN, has said that not less than 75 manufacturing firms from about 150 in its membership list in the South East had shutdown in the last five years over bad access roads, poor infrastructure and others.

Chief Azubuike Okafor, chairman of MAN in-charge of Anambra, Ebonyi and Enugu, said this at the first Anambra Government-Development Partners summit in Awka on Tuesday.



Okafor attributed the shutdowns to poor infrastructure, including bad access roads, was negatively affecting cost of production by its members in the zone. He said such development made it unsuitable for the firms to operate in the region.

“About fiver years ago, we had about 150 manufacturing firms in our membership list in the zone and now about 75 of them have closed dow; that represents about 50 per cent of members.


“We do not have the enabling infrastructure, power and roads to operate; the cost of moving materials from Lagos to Anambra is almost the same as the cost of importing the material from China into Nigeria.


Havoc caused by erosion at Ufam Akwa
“Though we have a business friendly governor in Anambra, there is need to help the private sector to grow,” he said.


Mrs. Adejoke Adefulire, Senior Special Adviser to the President on Sustainable Development Goals (SDGs), said there were infrastructure gaps in the country.

Adeufulire said the Federal Government was working hard to ensure that gaps were bridged to evolve a friendly and sustainable business environment.

Prof. Solo Chukwulobelu, Secretary to Anambra Government, urged the Federal Government to revitalise and activate the moribund power project in the state.

Chukwulobelu said if made functional, the power infrastructure need of the industrial cities in Anambra would have been greatly addressed.

On his part, Mr. Mark Okoye, Anambra Commissioner for Economic Planning and Budget, said the state government was working towards incorporating the ministries and agencies in the state to ensure that the SDGs were achieved.

He said the state was conducting a baseline study and generating community charter to ensure that budget was tailored along the priorities and direct demands of the beneficiaries.

Okoye said the budget defence process would be expanded to accommodate the youth, women, organised private sector and the civil society, to ensure greater participation and better implementation.

Source : vanguardngr.com

Cinkq:
Those people are not even as smart as we are being made to believe.
Imagine what they've missed because they are not visionary. They always wait for fg to come put everything in place for them.

What stopped them from taking loans to fix their roads? If they had done this perhaps the companies/firms wouldn't have relocated to another region.
Lack of vision is their major problem but they don't know hence they blame everybody except themselves.
In this particular thread they are already blaming fg, fashola, and i'm verry sure one will soon blame tinubu or SW. Shiiiiior.

RockHard:


I think something must be wrong somewhere. According to that news report, half of the industries in the region have already closed shop in the last 5-years. That is an awful statistic to say the least. At the current rate the entire industrial base may be wiped out within another decade. I don't want to believe that infrastructure is the major cause.

But in any case, this is a big indictment against the government and citizens of the region who apparently can't get their acts together to build a viable industrial economy. I mean, on the surface they supposedly have a lot going for them in the human resources department, they also have a chunk of wealthy folks, not to mention that this region is the smallest in the country. So in my opinion they have no excuse for being in this position, unless we wanna blame it all on incompetence on the the part of their administrators.

AshiwajuFoward:
'Eziokwu. So our famous 'Worldwide developers' are finding it tasking to manage and keep the few industries they have in alaigbo viable and alive, yet they are busy developing China, South Africa, Indonesia, etc?? Ojukwu would be turning in his grave over this piece of news. Odiegwu oooo.

MasterChen:
It's not surprising that states like Kaduna, Edo, Kebbi and Akwa Ibom are getting more local and foreign investments than potor states

Between August and November, BUA commissioned a big ass cement plant in Edo state . Osinbajo commissioned a fertilizer factory in Edo state on the same day, a multi-billion Naira Wacot Rice Mill was commissioned in Argungu, Kebbi State, OLAM $150 million integrated feed mill, breeding farm, and hatchery was commissioned in Kaduna, a N500m food processing factory was commissioned in Jigawa

Dangote is already planning to build a ($450m) sugar factory in Niger state

Mind you, these are all landlocked states that don't even have as much human resources as SE states

They're waiting for FG to build seaport in landlocked Onitsha at the same time lying that ports in nearby SS aren't working even though evidence points to the contrary

That's what you get for being senseless

RockHard:


I think something must be wrong somewhere. According to that news report, half of the industries in the region have already closed shop in the last 5-years. That is an awful statistic to say the least. At the current rate the entire industrial base may be wiped out within another decade. I don't want to believe that infrastructure is the major cause.

But in any case, this is a big indictment against the government and citizens of the region who apparently can't get their acts together to build a viable industrial economy. I mean, on the surface they supposedly have a lot going for them in the human resources department, they also have a chunk of wealthy folks, not to mention that this region is the smallest in the country. So in my opinion they have no excuse for being in this position, unless we wanna blame it all on incompetence on the the part of their administrators.

EmeritusMbaM:
No wonder the low IGR. Pathetic

MasterChen:

Which developed country today has its economy centered around buying and selling. It's not like you even produce your own sh+it and export. You import almost everything and then sell to a large population.

Blue3k:


You touched on an interesting concept. If you look at the motivations for almost all the eastern deep seaports you notice that import obsession. Yes the import market will grow but its the export jobs that should be focused on more. This why some are saying all these ports are going to cut eachothers profits.