Home Business Minister tasks manufacturers on smart tech, innovation
Business

Minister tasks manufacturers on smart tech, innovation

Share
Share


By Merit Ibe and Durosimi Temitope

The Minister of Innovation Science and Technology, Uche Geoffrey Nnaji has tasked manufacturers to embrace new technology, innovation and partnership to boost productivity.

Nnaji noted that by embracing  technology, manufacturers can potentially reduce costs, increase efficiency, while creating employment opportunities.

The minister made the remarks yesterday at the Nigeria Manufacturing and Equipment/ Nigerian Raw Materials (NME/NIRAM) Expo 2025, themed: “Accelerating Sustainable manufacturing through cutting edge equipment and technology solutions, “ organised by the Manufacturers Association of Nigeria (MAN).

He  believes that innovation and technology are the keys to progress and prosperity for Nigeria, adding that the exhibition  is a call to action to use new ideas, smart technology, and strong partnerships to boost manufacturing, and create real opportunities for Nigerians.

“We must ensure every policy, investment, and innovation creates real opportunities to work together and turn plans into action. The world is moving fast, countries that invest in advanced technologies are growing quickly and creating jobs. We must do the same, that is why our ministry is supporting research promoting local technology and encouraging industries to add value to Nigerian raw materials before exports.”

The minister acknowledged the challenges of the manufacturing sector and businesses, calling for teamwork across government, business and the wider community.

“We know there are challenges such as high cost, limited access to finance, infrastructure gaps, solving these problems require teamwork across government business and the wider community.

“The government sees hard work of our manufacturers and entrepreneurs and we are here to support you with real solutions and policies.

“We must ensure every policy, investment, and innovation creates real opportunities for young Nigerians and give them hope for the future.”

On his part, MAN President, Franchise Meshioye said the exhibition was about exploring opportunities for collaboration, innovation, and sustainable practices that can propel the manufacturing industry into a future of resilience and prosperity.

He said the NME-NIRAM EXPO presents a unique platform “to learn,  challenge the status quo, and to pave the way for advancements that will shape the manufacturing landscape in Nigeria and beyond.

“Bearing in mind the goal of this event,  to enhance the competitiveness of the manufacturing sector,” the MAN boss urged industry operators to harness the innovations and strategies presented to get equipped  to better respond to local demands while also positioning strategically in the global marketplace.

Meshioye noted that the theme, resonates strongly with the need for adaptation and ingenuity in the  industry.

For the Commissioner of trade, Folashade Bada Ambrose, who represented Lagos State Governor, Babajide Sanwoolu, the occasion marks a point of growth in Nigeria as “we are building on the opportunities and technological adoption in the manufacturing sector.

It is pertinent that we harness innovative strategies, cutting-edge technologies and sustainable practices in order to maintain our growth.”

She noted that the exhibition provides a veritable platform for Nigeria as a country with great potential to come together and chart a new path to manufacturing excellence.

“The theme speaks to the future of Nigeria especially in the face of current economic realities which have brought to the fore the critical need  to fully embrace manufacturing as a way of surmounting the  economic challenges.

“By investing in technology, we will ensure that Nigeria can also play an important role in the global manufacturing arena as the manufacturing industry remains a critical engine for economic diversification for job creation and inclusive growth.”

The Director General, MAN, Segun Ajayi-Kadir said the exhibition  serves as a platform to appreciate the place of cutting-edge technology and innovation in the productive sector of our economy.

“It will also showcase the remarkable journey we have traveled

in the path of localization of raw material sources.”

He said as manufacturers, “we must embrace modern technologies,

sustainability practices, and adaptive strategies

to not only compete locally, but also at the global stage,” adding that it will contribute to the growth and diversification of our economy.

“Let us inspire one another and collaborate on ways to overcome, together, we should forge a path that will not only transform our industry,

but also empower our entrepreneurs to localize technology and raw material sourcing,

ultimately to uplift our nation.”



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

HEIRS Energies to deepen talks on Africa’s evolving

By Adewale Sanyaolu Heirs Energies, an indigenous-owned integrated energy company, is set...

Tinubu signs Insurance Reform Bill 2025 into law

From Juliana Taiwo-Obalonye, Abuja President Bola Tinubu has signed the Nigerian Insurance...

Capital importation in Q1 2025, hits $5642.07m, says NBS

From Isaac Anumihe, Abuja National Bureau of Statistics (NBS), today, said that...

Gov Otu woos Cross Riverians in Diaspora, unveils development desk – The Sun Nigeria

  From Ndubuisi Orji Governor Bassey Otu of Cross Rivers State has...