Edo State Governor, Mr Godwin Obaseki, has said the Federal Government can foreign exchange crisis by advancing fiscal policies to encourage manufacturers to boost local production and access necessary credit to boost exports of Nigerian products.

Obaseki said this when he received the National President of Manufacturers’ Association of Nigeria (MAN), Francis Meshioye, with other executives, who were on a courtesy visit at the Government House, Benin City.

The governor, who said the survival of the nation’s economy depended on the manufacturers’ association, noted that Edo State was leveraging its unique advantage with the availability of raw materials for production and manufacturing to drive economic development.

Earlier, the National President of MAN commended the governor’s strides in Edo’s economy, making the state a leading destination for private sector Investment.

He said:

With the Midwest as a hub for industrial activities, it’s imperative for collaboration with the government to revive the manufacturing Industry in Edo State through policies and programmes to fast-track industrial growth.

We are glad about the progress in driving the influx of investments in Edo through the yearly Alaghodaro, which has birthed the Duport Refinery, Green Hill Ethanol Plant, Ossiomo Power, and Edo Production hub, among others where the private sector partners with the government in manufacturing.

Justin Nwosu

Justin Nwosu is the founder and publisher of Flavision. His core interest is in writing unbiased news about Nigeria in particular and Africa in general. He’s a strong adherent of investigative journalism, with a bent on exposing corruption, abuse of power and societal ills.