Skip to main content

We can revive real sector with deliberate policies, says MAN boss

By Charles Okonji

The Manufacturers Association of Nigeria (MAN) has stated that with deliberate policies of the government through incentives, the real sector will become more viable than trading.

The Chairman of MAN, Apapa Branch, Engr Frank Onyebu, who gave this charge during an interview with The Nation, explained that entrepreneurs would only invest in an economy where they are sure of getting maximum returns on investment in the short-term.

Onyebu said, “The real sector of the economy can be revived by a deliberate policy of government through incentives to make the sector more viable than trading. Entrepreneurs would usually invest in businesses where they can get the maximum returns within the shortest possible time. Therefore if enough incentives are provided, investors will move in in droves to exploit the opportunities provided. The government should also make business environment friendly enough to attract even foreign investors into the sector.”

The MAN Chairman noted that agriculture is another sector that needs reviving, lamenting that it’s a shame that Nigerians have not exploited even 10 percent of the opportunities in the agricultural sector.

“It’s upsetting when you travel along our highways and find stretches upon stretches of fallow lands which could easily be turned into farmlands. It’s even more upsetting when you realise that the individuals who should be ploughing these lands are wasting in our cities looking for non-existent white-collar jobs, “Onyebu stressed.

 



from Latest Nigeria News, Nigerian Newspapers, Politics https://ift.tt/3kuFFBE
via IFTTT
Labels:

Comments

Post a Comment

We're glad you want to comment, kindly avoid spamming the page, thanks

Popular posts from this blog

The transformation of UNIBEN’s campus

Ekehuan Campus of the University of Benin (UNIBEN) was neglected for many years by successive administrations in the institution. However, the story has changed as the campus has witnessed a transformation, reports IFUNANYA OSAKWE (UNIBEN).   The Ekehuan Campus of the University of Benin was the first campus of the institution in Edo State when it was founded in 1970. From the Ekehuan campus, it moved to Ugbowo Campus, which is the permanent site. As a result of this movement, the Ekehuan Campus, which houses the Mass Communication Department, Fine Art Department, Theatre Arts Department, Early Childhood Education Department and Public Administration Department suffered neglect for many years. The classrooms and hostels were not what they used to be. There were incessant protest over lack of light and water by students in Ekehuan campus. Often the protests were said to have achieved very little result as promises to enhance welfare were unfulfilled. On many occasions, students...
Post a Comment
Read more

Premier League: Aubameyang Bags Brace, Saka On Target As Arsenal Thrash Newcastle

Pierre-Emerick Aubameyang was back to his best as he netted a brace while Bukayo Saka was also on target in a 3-0 win over Newcastle at the Emirates on Monday evening. After a fairly lifeless opening period that the home side dominated, they finally got their rewards when Aubameyang gave them the lead five minutes […] The post Premier League: Aubameyang Bags Brace, Saka On Target As Arsenal Thrash Newcastle appeared first on Complete Sports . source https://www.completesports.com/premier-league-aubameyang-bags-brace-saka-on-target-as-arsenal-thrash-newcastle/
Post a Comment
Read more

Why Presidency Must Return To S/South – Obaseki

Governor Godwin Obaseki of Edo State has called on the Peoples Democratic Party (PDP) to zone its 2023 presidential ticket to the South-South. He made the call while speaking at the weekend in Benin, during a reception in honour of Chief Dan Orbih , who was recently elected National Vice Chairman (South-South) of the PDP. Recall that the South-South under the PDP produced President Goodluck Jonathan who took over the mantle of leadership in 2010, after President Umaru Musa Yar’adua’ s death. Jonathan later contested in 2011 and won and administered the affairs of the country until the 2015 elections. He later contested for re-election in 2015 but lost to, Muhammadu Buhari, of the All Progressives Congress (APC). Speaking at the event, Obaseki said for equity to prevail, the South-South region should be allowed to produce the next president. “Presidency must come back to South-South and you (Orbih) must go round the country to let them know that we can’t be cheated. We expe...
Post a Comment
Read more