Made-in-Nigeria products: Stakeholders urge synergy to unlock economic potentials

Stakeholders at the strategic focus engagement meeting on made-in –Nigeria products on Wednesday stressed the need to increase the quality and branding of made -in-Nigeria products to enhance their competitiveness in the global market and unlock the country’s economic potentials. They also called for synergy among government agencies, private sector, traditional leaders and other well-meaning […]

Stakeholders at the strategic focus engagement meeting on made-in –Nigeria products on Wednesday stressed the need to increase the quality and branding of made -in-Nigeria products to enhance their competitiveness in the global market and unlock the country’s economic potentials.

They also called for synergy among government agencies, private sector, traditional leaders and other well-meaning Nigerians to promote locally made goods.

Speaking at the event held at the Yar’adua Centre in Abuja, the Executive Director, Business Development, NEXIM Bank, Stella Okotete, said promotion of made-in-Nigeria products is not just an economic necessity but a national imperative.

“We must promote quality assurance, innovation, and strong market linkages to ensure our products compete favourably in the global market,” she said.

“We can enhance our foreign exchange earnings, create jobs, and strengthen the value chain across key sectors such as manufacturing, agriculture, solid minerals, and services,” she added.

Stella Okotete said that the gathering was a testament to shared commitment
to strengthening Nigeria’s position in global trade by promoting locally manufactured goods and ensuring they meet international standards.

“At NEXIM Bank, our mandate is clear: to provide the necessary financial support and strategic guidance to expand Nigeria’s non-oil exports. The world is shifting towards economic diversification, and Nigeria must take its rightful place by leveraging our vast human and natural resources to build a strong export-driven economy.

“To support this vision, NEXIM Bank has developed targeted interventions, including:
single-digit interest loans to support businesses in export manufacturing and value
addition and export credit facilities to ease access to financing for small and medium enterprises (SMEs),” she said.

Similarly, Coordinator of the National Agency for Science and Engineering Infrastructure (NASENI) – IMO, Mr. Yusuf Kasheem, said, “When we embrace these innovations, we do more than purchase goods—we invest in our future. We create jobs, stimulate economic growth, and reduce our reliance on imported alternatives.

“Every Made-in-Nigeria product adopted is a step toward a stronger, more self-sufficient Nigeria. We stand before you with an invitation: Join us in this transformative journey. Collaborate with us as partners, advocate for us as champions, and choose Made-in-Nigeria as consumers.

“Together, we can drive Nigeria’s industrial and technological renaissance, building a legacy of innovation that future generations will inherit with pride.”