Economic revival: Give impetus for made-in-Nigeria goods, NCRIB counsels govt

The Insurance Brokers under the aegis of the Nigerian Council of Registered Insurance Brokers (NCRIB) has urged government at all levels to give greater impetus to the patronage of made in Nigeria goods as a way of buoying the nation’s economy.

The President of the Council, Mr. Kayode Okunoren, while applauding the ongoing efforts of government to revive the economy, suggested that policy statements should be made by top office holders at the three tiers of government urging the people to patronize Nigerian made goods.

He noted for instance, that the comatose textile industry would come to life if there was a sincere pronouncement that workers now had the latitude to wear home-made clothing materials on certain days of the week.

Okunoren who drew examples from other countries that had course to look inwards at some point, said such action would stimulate growth in the various sectors and give life to the economy.

“Definitely, insurance will also witness a boost through this step as more activities would be generated across different sections of the economy. Without an iota of doubt, demand for dollar will naturally crash when demand for local goods is intensify”, he stated.

He, however, called for sincerity on the part of government and the nation’s leaders towards patronizing made-in-Nigeria goods, rather than doing otherwise.

The NCRIB president also urged Nigerians to be more patient with the present administration in fixing the economy through the various prudential steps and the ongoing war against corruption.

Meanwhile, the Council, in giving further impetus to economic revival efforts, has put forth the theme “The Future Today” for its 2016 National Insurance Brokers Conference & Exhibition holding on Thursday, November 10, 2016 in Abuja.

The theme is aimed at galvanizing opinions on the shape and future of Nigerians economy and the roles of the insurance industry.

The Chairman, Organizing Committee, Dr. (Mrs.) Bola Onigbogi stated that the conference would be declared open by the Vice President, Prof. Yemi Osinbajo.

To lead discussions at the confab, which would attract participants from the industry, organised private sector, the academia and government is the former Minister of State for Finance, Dr. Remi Babalola.

Also expected at the conference include the Minister of Budget and National Planning, Senator Udo Udoma, the Executive Chairman of Federal Inland Revenue Services (FRIS), Dr. Babatunde Fowler; Minister of Health, Prof. Isaac Adewole; Managing Director, Financial Institutions Training Centre (FITC), Dr. Lucy Newman and a host of others.