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MAN chairman vows to boost S/E economy, protests manufacturers’ interest

By John Ndu, Awka

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The Chairman, Manufacturers Association of Nigeria (MAN), Lady Ada Chukwudozie, has restated her resolve to partner with South East governors to further formulate policies that will boost the regional economy.

Lady Chukwudozie chukwudozie who is in charge of MAN in the South said under her watch, manufacturers would be part of policy making in any government in the South East.

She stated this while briefing newsmen in Awka, to disclose her administrative blueprints which according to her, were geared toward protecting the interest of manufacturers’ association, especially in the South East.

She acknowledged that if the economy of the southeast is strengthened through an influx of industrialization, it would solve the non-employment issues and further make the region financially independent.

The MAN boss expressed optimism that the Governor of Anambra State, Prof. Charles Soludo would deploy his wealth of experience and knowledge in making Anambra friendly for businesses to strive.

“My work as the chairman of the Manufacturers Association of Nigeria in this Eastern region is to align with the policies of government to the extent that my members are protected and our interests are promoted.

“Our key vision is to be the key drivers of industrialization and sustainable economic development.

” What are the manufacturers in the eastern region going to offer to the economy? The answer is simple, we will continue to contribute directly to the GDP of the economy via the creation of wealth, trade, elevation, labour market.

“If you want to feel the heartbeat of any economy, look at how healthy the manufacturers there are, when the interest of manufacturers is protected, the economy will be stronger.

” You will notice that for every one staff we employed as manufacturers, three others are created in the other sectors of the economy. For every one Naira, you spend on manufacturing an item, another one Naira is made in the economy.

“So in various ways, manufacturers drive the economic development of every nation through a multiplier effect, because across the value chain we keep on interfacing with one sector or the other.

“For me, all I need to do as the chairman is to make sure that those noble vision of the manufacturers’ Association of Nigeria is upheld in my tenure. We want to be that Association that you consult, think about, and communicate with when you are talking about issues that have to do with manufacturing.

” The reason for this is because we are coming from the organized private sector. You should know that the Nigerian economy is a mixed economy of the public sector and organized private sector, but the public sector cannot do it alone.

“We appreciate the fact that we have the best brains, technocrats in government and when they formulate those policies, they depend on us when they want to implement them and if they don’t get feedback from the organized private sector it means there must be a gap in the implementation.

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“So all I am here to deepen the relationship with all the economic actors, with the government and with the general public on issues that have to do with manufacturers.

” I need to understand where the government stands and the policies they have formulated, and break it down in the language that all manufacturers will understand and with their feedback, we sit down and formulate policy suggestions.

“On the ease of doing business, you find out that on our production costing templates, we are becoming more expensive in terms of cost of production and then for the fact that Nigeria has signed to be part of African continental free trade area, means that we are collapsing boundaries in all the African countries. The 54 of them have agreed to come together and create a vast free trade area and the implication for us in Nigeria is that, because the market is in Nigeria, we are the attractive bride.

“There will be an influx of cheaper goods in Nigeria from all other African countries. We will need basic infrastructure such as a cheaper cost of electricity, to have cheaper costs of production and it will result in cheaper goods to compete with any country.

” So the ease of doing business is to make the environment more friendly so that when you invite foreign investment, the environment will be friendly to welcome them. It will be so easy for any investor to come

“I believe that Governor Soludo will also make Anambra the first state that comes to your mind when it comes to ease of doing business in Nigeria.”

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