Secretary to the Government of the Federal, Boss Mustapha,disclose this on Tuesday, said the intervention of the Federal Government in developing local industries has resulted in the growth of local businesses.
As a result of this, he said Nigerians now proudly use products branded made in Nigeria, adding that this would impact the nation’s Gross Domestic Product, generation of employment opportunities and reduction in the cost of production.
Further,Mustapha spoke while delivering the keynote address at the opening of the exhibition of made in Nigeria products in Abuja.
The exhibition is part of activities to mark Nigeria’s Diamond Jubilee.
According to him,He said, “The intervention of the Federal Government of Nigeria in developing local industries has resulted in a boom in the growth of local businesses.
Local production of hitherto imported products is beginning to gain grounds that I make bold to say that the materials produced locally can compete favorably with the imported ones.
Nigerians now proudly use products branded made in Nigeria. This development will no doubt attract several benefits to the country including increase in its Gross Domestic Product, generation of employment opportunities and reduction in the cost of production.
Further,He also said the government was beginning to show greater interest and provide more support for local production in order to encourage the growth of local industries, adding that it was part of the sector that was contributing about 10 per cent to the GDP.