Ondo Industrialist seeks patronage of locally-made products
By Wilson Macaulay Ore Managing Director of the Ore Industrial Park, Dr. Femi Akinkuebi, has reiterated the need for the Nigerian Government and its people to take pride in massively investing in locally made products as a way of boosting the nation’s income. The Managing Director made the disclosure while addressing newsmen on Thursday in Akure, the Ondo State Capital. According to him, the Nation is richly endowed with the much needed raw materials as well as the skill set to globally promote made in Nigeria goods for viable economic gains. Dr. Akinkuebi identified the textile industry as a huge sector which holds great economic potential. He noted that Nigerian textile industry is a departure from the ideal, owing to challenges of huge appetite for importation, poor patronage, policy implementation and a broken value-chain. He stressed that if only 10 per cent of the yearly import bill of $4 billion textile fabrics was re-invested into the textile industry, th...