Dr Abdulmalik Ndagi, the Director-General, Niger State Industrial Parks Development Agency, has urged Nigerians to patronize indigenous products to help grow the economy.
Ndagi made the call in Abuja, when he spoke on the topic “Building Trust in Indigenous Products”, at the fourth edition of Science and Technology Expo (FASTECH 2018).
The theme of the expo was “Technology and Society in the 21st Century’’.
Adagi said the reasons Nigerians ought to patronize indigenous products included affordability of the made-in-Nigeria products, promotion of Nigerian culture as well as growth of local economy.
“Local products are in abundance in Nigeria as skills acquisition programme, entrepreneurship development programme and several government support schemes are being promoted in the country.
“All these programmes and schemes are being promoted to encourage self-employment, promote self-identification, self-actualization and re-skilling by utilizing abundant raw materials in the country,” he said.
He urged local entrepreneurs to be flexible, patent their works by backing up their products and make trust a long-term investment.
He said Nigerian products were cheaper yet maintained good quality in most cases.
“The decision to buy local or imported products can be explained from supply and demand perspective,’’ he further said.
Adagi said the movement of goods in international trade showed that local products had a cost advantage over imported ones as local products were excluded from cross-border expenses like distance logistics and tariffs.
Amaka E. Nliam