I strongly believe our nation will be in a better position if we focused more on growing our local industries. If we support local businesses more than ever before. Yes, we all want the Gucci, the Range Rovers, but have we ever thought about becoming a nation that manufactures products that can match the quality of those we crave to import?
Such dreams take time but everything has small beginnings. We must start now. Looking inwards would create more opportunities for exports in the near future. More jobs would be created while increasing our economic wealth. I read a publication recently about how Cassava production can generate over $4 million annually for Nigeria.
Interestingly, we are blessed with so much more than Cassava. Imagine how much in revenue would be generated annually if we strategically grow local industries with the vast resources available to us as a nation.
Yes I have imagined and its overwhelming. However, my heart bleeds because I know we might not be able to grow these local industries as fast as we can or even grow them at all; if some issues are not tackled first-hand. These issues have been constraining our development for decades now. Most of us already know what these issues are:
- Inadequate electricity supply
- Bad roads resulting in logistics difficulties
- Poor and expensive internet
If we as a nation can get these things sorted out, there are no limits to the growth of our local industries. We can all scream #buynigeriatogrowthnaira #buynigerian #buylocalproducts and #MadeInNigeria all year long, but if our electricity problem, the issue of bad road networks and poor internet distribution are not tackled promptly our local industries will continue to be plagued with stunted growth.
I am all for buying locally made products and services. I truly want our local industries to grow. Our existence as a nation depends on it. However, the success of the Made in Nigeria campaign equally depends on the development and maintenance of the Power, Transport and ICT sectors. The time is NOW!