Categories: Latest News

Economic growth: Replicate Ethiopia’s diaspora strategy, Natasha tasks FG

Published by

Senator Natasha Akpoti-Uduaghan (Kogi Central/PDP), has called on the Federal Government to replicate Ethiopia, Egypt and India’s strategy to drive greater diaspora influence in Nigeria’s economic growth.

This was contained in a press statement issued by her Chief Press Secretary, Israel Arogbonlo, in Lokoja on Friday.

Speaking at the official opening of the UNDP-supported SMEDAN Makerspace and Solarised Garment-Making centre in Abuja, Akpoti-Uduaghan highlighted Ethiopia’s success in building a thriving textile industry, with over 80 factories producing clothes for international companies.

Sen Akpoti-Uduaghan, while unveiling the facility, pointed out that all the cotton used by H&M is grown in Ethiopia, adding that the country produces clothing for world-renowned brands such as Levi, Wranglers, H&M, Calvin Klein, Gap, etc., in addition to numerous leather goods manufacturing companies that supply Italy.

Like India, Ghana, Egypt, and Pakistan, she attributed Ethiopia’s success to the support of its diaspora community in attracting investment and winning allies for their country.

She expressed her belief that Nigeria can replicate this model by working closely with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and international organisations such as UNDP that foster collaboration between Nigeria and donor NGOs as well as diaspora networks worldwide.

The goal should be to build a strong and responsive ecosystem that encourages skill and technology transfer, ultimately driving economic growth.

“As Chairperson of the Senate Committee on Diaspora, we had a meeting yesterday (Wednesday), and one of the key areas of focus we identified was harnessing diaspora funding, skills, and transfer of technology.

“This would enable us to follow the path of some African countries that have effectively leveraged their diaspora opportunities and support,” she said.

The SMEDAN Makerspace project, sponsored by the United Nations Development Programme (UNDP), aims to promote SMEs in Nigeria by providing a solar-powered garment-making centre with 24-hour electricity.

Sen Akpoti-Uduaghan emphasised the importance of empowering SMEs, stating that it can sustain the grassroots economy, scale up, and positively impact the country’s economy, stressing that if all 40 million SMEs in Nigeria were empowered similarly, they could sustain their businesses, scale up, and boost the nation’s economy.

ALSO READ: Lagos Assembly commends Tinubu’s policies

As Chairperson of the Senate Committee on Diaspora and Non-Governmental Organisations, Akpoti-Uduaghan pledged her office’s support to ensure the project’s success and replicate it in all 36 states of Nigeria.

She also advocated for the establishment of a garment makers space in Kogi and other states where individuals in the garment-making industry can operate without the constant challenge of electricity failure.

In his remarks, the Director General of SMEDAN, Dr Charles Odii, explained that the garment and textile factory provides a space where tailors from different parts of the city can utilise high-quality equipment with 24-hour solar-powered electricity.

He emphasised that anyone with talent can access the facility to work, learn, and improve their productivity with the uninterrupted power supply.

The UNDP Country Representative, Elsie Attafuah, stated that the UNDP believes in the potential of Nigerian youths to drive economic transformation when given an enabling environment.

She added that the facility aims to address the persistent power challenges and enhance the productivity of SMEs in Nigeria.

She also revealed that plans are underway to replicate the centre in all 36 states of Nigeria through a partnership with SMEDAN.

Dignitaries in attendance included the Minister for Youth Development, Ayodele Olawande; Senator Ede Dafinone; Senator Joel-Onowakpo Thomas; UNDP representatives, amongst others.

READ MORE FROM: NIGERIAN TRIBUNE

Recent Posts

Lekki dispute: Police clear lawyer, real estate developer of forgery

It would be recalled that the real estate developer was arraigned last week before a…

7 minutes ago

Ex-lawmaker calls for decentralised grid to solve power problems

For Nigeria to solve its power problem, the nation and other federation states have been…

38 minutes ago

Ondo govt demolishes Owo church massacre memorial cenotaph

Three years after the building of the "Memorial Park" to immortalise the slain worshippers of…

1 hour ago

Tinubu hands over ECOWAS leadership to Sierra Leone’s President, Maada Bio

President Bola Tinubu, on Sunday in Abuja, handed over the mantle of leadership as the…

1 hour ago

Tinubu’s econmic reforms will earn him second term in office — Rep Isiaka

The member representing Yewa South/Imeko Afon Federal Constituency, Hon Gboyega Nasir Isiaka, has said that…

1 hour ago

Tinubu tasks media on unity, ethical journalism as NUJ celebrates 70 years

President Bola Ahmed Tinubu has emphasised the pivotal role of the Nigerian media in fostering…

1 hour ago

Welcome

Install

This website uses cookies.