Why Nigeria Should Ban Importation Of Furniture
As you already know, Nigeria’s import bill gulps more than 80% of the country’s revenue.
Nigerians love to import oyinbo made items ranging from toothpicks to vehicles.
But an industrialist, Oyemike Onaham, believes one of the items that should be off the import list is furniture.
Onaham has called on the Federal Government to stop wasting dollars on furniture importation by empowering indigenous furniture producers.
Onaham who is the Managing Director of the ongoing 1st Made in Nigeria Furniture Fair, made the call while visiting some stands at the exhibition in Abuja.
He said that government empowerment with loans and grants would boost local production of world class furniture products and effectively reduce furniture importation.
“Government’s injection of fund and other policy support will open up the potentials of this multi-billion-naira sector to the teeming youths for self-employment.
“The present federal administration is a responsible and serious government, I therefore, appeal to President Muhammadu Buhari to facilitate the empowerment of furniture industrialists by providing special support loans and possible grants to industrialists in the sector,” Onaham said.