The President of the Senate, Bukola Saraki, on Monday was pictured test running an indigenous manufactured car from Innoson Motor Manufacturing
Company, and
thrive to rebuild the economy and put Nigerians to work. See another photo after the cut.
The company is Based in Nnewi, Anambra State, Innoson Motors is the only Nigerian company manufacturing automobile of different range.
Mr. Saraki said one of the actions government should quickly introduce was to ensure that local industries were patronized by government agencies so that Nigerian manufacturers could enjoy the advantages accruing from the big market that her population offers.
“That is why this eighth Senate is determined to amend the Procurement Law to ensure that government agencies patronize Made in Nigeria products,” Mr. Saraki said.
“I am sure the House of Representatives is in support of this. It is our joint responsibility to ensure that you succeed. If you are successful, a lot more small and medium scale enterprises will draw inspiration from you and they will become successful.
“That will help to create jobs which is one of the mandate presented to us by the youths of this country during the last elections. We in the legislature will look at all laws and help to create an enabling environment for local businesses to thrive in Nigeria.”
He added that using laws to protect locally
made goods was not peculiar to the country as similar policy had been
followed in the United States under President Herbert Hoover in 1933,
while India and China had also enacted similar laws in the past.
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