FG, MAN to discuss binding constraints in manufacturing sector, others

The Federal Government, in collaboration with the Manufacturers Association of Nigeria (MAN), set to tackle constraints limiting the performance of the manufacturing sector among others  in the country.

Senior Special Assistant to The President on Media & Communications, (Office of The Vice President), Stanley Nkwocha in a statement on Monday noted that FG and MAN are organising a three-day national manufacturing policy summit scheduled for July 2-4, 2024.

The summit with the theme, “Rethinking Manufacturing,” will be held at the Banquet Hall of the Presidential Villa, Abuja.

According to the Director-General of MAN, Segun Ajayi-Kadir, “the Summit will focus on discussions on overcoming the binding constraints that limit the performance of the manufacturing sector, enhancing supply chain resilience, leveraging technology, and generally fostering a conducive business environment to drive the growth of the sector.”

According to his statement, President Bola Tinubu who is expected to attend the event as the Special Guest of Honour will also declare the summit open.

He stated that the President would also reinstate the administration’s commitment to industrial growth and economic diversification.

He added in the statement that, “The Office of the Vice President, the Federal Ministry of Industry, Trade and Investment (FMITI), National Institute for Policy and Strategic Studies (NIPSS) and other partners will play key roles in the summit to bring together stakeholders from Ministries, Departments and Agencies (MDAs), multilateral partners, regional institutions, and industry leaders to forge a new path for Nigeria’s manufacturing sector.”