RMRDC strategises to improve local sourcing, raw materials devt - News Summed Up

RMRDC strategises to improve local sourcing, raw materials devt


“The summary of findings from the study of the performance of business and research institutions in the last few years is presented in this report. A strategy was conceptualised and designed to guide the process of driving Nigeria’s competitiveness in raw materials and products development with the ultimate aim of reducing over time, the import of raw materials and products that the country has comparative and competitive advantage to produce, and ensure economic recovery and growth”, he added. Earlier, the Director General, Manufacturers Association of Nigeria (MAN), Segun Kadir, said the workshop is apt considering the fact that the manufacturing industry is facing lots of challenges in procuring raw materials to keep the nation’s factories up and running. In his words,” Our recent experience as manufacturers and stakeholders in the economy has made this programme a timely event particularly when you consider the recent dearth of foreign exchange which has technically hindered manufacturers from procuring essential raw materials that should keep the factories going. In his presentation, a professor, National Animal Production Research Institute, Ahmadu Bello University, Ambrose Big, said no country can achieve economic growth without knowledge, pointing out the bed to bridge the gap between research and development and industries.


Source: The Guardian April 11, 2018 02:15 UTC



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