Era of Importion is gone – Sen. Izunaso

Folalumi Alaran in Abuja

The Chairman of the Senate committee on Capital Market, Senator Osita Izunaso, has declared that the era of importing goods and services into Nigeria is officially over.

Izunaso made this statement at the official inauguration of the board of directors and the presentation of Hendia smart city business opportunities in Abuja on Monday.

He lamented that Nigeria is economically backwards, adding that the country must focus on industrialization to be able to compete in the global market.

He highlighted the importance of collaboration between the private and public sectors, pledging the government’s commitment in providing an enabling environment for businesses to strive.

“ I’m happy to see that you have developed a lot of products. And the good thing about most of these products is that they are indigenous. they’re our own products. Proudly Nigerian products. It means the era of importation of virtually everything is gone. This is the era to manufacture it in our fatherland. So we’re going to support you.

“I believe as you create the smart city, it will also create smart human beings. Government alone cannot develop this country. There must be a synergy between the private sector and the public sector,”

Earlier in his welcome address, the chairman Hendaib investment limited,Owoediinyene Essien said Africa has been suffocating under the grip of Poverty due to overdependence on importation.

He said Hendai Smart City would provide solution to the underdevelopment by offering an industrialization program to partner with various African Governments and relevant stakeholders to create massive employment opportunities for the teeming youth population

“Hendai Smart City presents a veritable solution by offering an industrialization program to partner with various African Governments and relevant stakeholders to create massive employment opportunities for the teeming youth population.”