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Only good policies will transform Nigeria’s manufacturing sector

By Charles Nwaoguji

Special Assistant on Solid Mineral to the Governor of Ebonyi State, South, Mrs. Elizabeth Onwe has affirmed that good economic policies will transform the country’s manufacturing sector from the present state to a developed one.

Mrs. Onwe said that Nigeria could be among the leading global economies , if the right industrial policies are encouraged.

She stated this in a chart with Daily Sun, recently, as she stressed that Nigeria manufacturing sector has the potential to return the country to its economic prosperity.

“What is needed to be done now is good industrial policy to be in place. When government create enable environment, it will attract direct foreign investment to the country,” she said.

Commenting on the state of solid mineral development in the State, she said, His excellence, the Governor of Ebonyi, Engr. Dave Umahi is working hard to position the State to be industrial hub in Nigeria.

She stated that the Governor has invested hugely in pipe plant production, Fertilizer plant and Rice mills plant in the three sectional zone of the state in order to create employment for the youths.

She explained that the present administration is doing its best in the solid material sector by creating widows for investors to come to the state and invest, so that the sector can generate a lot employment for the youths.

She noted that the government has reduce tax to interested investors in order to encourage them to come to the state and invest in solid minerals.

She pointed out that the present government is committed to create rapid economic development in the state.

“The Governor has said that his administration has resolved to be private sector friendly in developing and tapping abundant natural resources for rapid industrial development and economic growth of the state,” she said.

She noted that the state is endowed with a lot of mineral deposits and good investment climate, adding that the mineral resources available in the state include zinc and lead, brime, limestone, kaolin, gypsum, chalk, false gold, baryte, copper, aluminium, uranium, phosphate, lignite and crude oil.

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