President Goodluck Jonathan today launched the Nigeria Industrial Revolution Plan (NIRP) and the National Enterprise Development Programme (NEDEP) at the banquet hall of the Presidential Villa in Abuja.
The President said the plan will boost the annual revenue to be earned per annum by Nigerian manufacturers up to N5 trillion. He described the NIRP as the most ambitious and comprehensive road map that would transform the nation’s industrial landscape, boost skills development, enhance job creation and conserve foreign exchange. He also promised to ensure that by the time he eventually leaves office, the economy will be in a better shape than he met it
"As we celebrate our centenary, it is clear to us that the measures of the nation cannot be detached from the dependability of its economy and a great economy must based on a solid industrial sector with well diversified minds and sources of revenue and a vibrate micro and small medium enterprises sector to create jobs and provide leverages.
"The Nigeria Industrial revolution Plan and the National Enterprise Development Programme will help to fast track the attainment of these goals. They are targeted at transforming Nigerian businesses and changing the lives of the ordinary people. It will accelerate inclusive growth and job creation and save the drain on our reserve cause by importing what we can produce locally.
“The NIRP is the flagship industrialisation programme ever embarked upon by this country. It will fast-track industrialisation, accelerate inclusive economic growth, job creation, transform Nigeria’s business environment and stop the drain on our foreign reserves caused by importing what we can produce in locally.
“The Nigeria Industrial Revolution Plan is the most ambitious and comprehensive industrialisation programme because it is based on the areas where Nigeria has competitive and comparative advantage such as agriculture and agro-products, metals and solid minerals, oil and gas, construction and light manufacturing services. It has identified those sectors where Nigeria can be number one in Africa and top 10 globally.”
President Jonathan further stated that "the Federal Government will continue to support local manufacturers by buying vehicles that are made in Nigeria. And as long those vehicles are produced in this country, the Federal Government will buy them. So we also encourage the state governments to support the patronage of made in Nigeria products in their states".
The President also noted that "So far no traditional ruler, no school child has died from using Innoson Motors and we have recently acquire all of them for our SURE-P programmes in all the states. At the federal level, I will also use this opportunity to plead with the states, we only accepts vehicles not produced in Nigeria. And not just vehicle only, and you know that the Due Process Law allows us to buy made in Nigerian products at 15 per cent higher than the imported ones to encourage local production."
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