MAN, FG plan manufacturers’ summit

By Merit Ibe

The Manufacturers Association of Nigeria (MAN) is set to  host   a   closed-door Manufacturers  Summit   with   the Federal  Government,   Ministries, Departments and Agencies from June 4 to 6, 2024, at the Banquet/Conference Hall, State House, Abuja. 

The  three-day summit  themed:  “Rethinking Manufacturing,”  is  organised in partnership with the Presidency; Ministry of Industry, Trade and Investment; National Institute for Policy and Strategic Studies and EY.

According to the Director General of MAN, Segun Ajayi-Kadir,  the program is necessitated by the state of   the   manufacturing   sector,   which   has   remained   a   major   concern   to   the   Government, industrialists and Nigerians.

“Evidently, the theme underscores the need for practical solutions to the myriad of challenges limiting manufacturing performance through the adoption of innovative strategies   that   can   guarantee   higher   productivity,   competitiveness  and   sustainability   of   the sector.”

According to the association, President Bola Tinubu, will be the  special guest of honour at the summit and will preside   over   the   opening   ceremony.

“Senator   Kashim   Shettima   will superintend  the afternoon  session.   Clearly,  the presence  of the  Presidency underscores  the commitment   of  the  government   to   the   revitalisation   of   manufacturing   sector   in   Nigeria.

Manufacturers are expectant that the engagements would provide valuable insights on the policy direction, expectations of the government and practical solutions to the binding constraints.The Summit will feature focus group discussions between top level government officials, industry operators   and   experts;   insightful   presentations   on   emerging   trends   and   best   practices   in manufacturing; exhibition of made-in-Nigeria Products; networking opportunities for collaboration and partnership building; showcasing of innovative products, technologies, and solutions in the Nigerian manufacturing sector. “Specifically, the focus group technical session will bring together relevant   Government   Ministries,   Departments   &   Agencies,   top-level   CEOs   of   manufacturing concerns, Continental Trade Institutions, subject matter experts, Academia, under one roof to discuss the five pillars of the summit. “These pillars and by extension the focus points of the summit include how to: Promote growth, upscale productivity and improve and competitiveness. Enhance energy security and infrastructure development. Improve macroeconomic environment, ease of doing business and periscoping our ESG; Improve patronage of made-in-Nigeria products and local content development and Leverage regional and continental trade for export development.

In addition, MAN noted that  the   summit   will   delve   into   critical   discussions   on   how   to   achieve   sustained manufacturing growth through the creation of conducive business environment,   guaranteeing security, boosting agricultural production and strengthening supply chain resilience by leveraging technology.

“Finally, the expectation is to reach a consensus with the Federal Government on the imperatives for intentional development of manufacturing in Nigeria and the crafting of a time-framed strategic roadmap for the resolution of the identified challenges and attainment of steady growth for the sector.”

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