Engineer Agoro Tasks Tinubu on the manufacturing sector 

The Vice-President, of Collaboration and Linkages, Engineer Ademola Agoro has called on President Bola Ahmed Tinubu to enhance and revive the manufacturing sector and bail out the country from the painful economic quagmire.

Engineer Agoro made this suggestion while fielding posers. journalists in Ibadan on Sunday.

The seasoned electrical engineer disclosed that Nigeria’s naira was stronger than the dollars in the 70s 80s and early 90s when the manufacturing sector of Nigeria’s economy was vibrant, productive and generative.

Engineer Agoro said ‘ In those years, Exide Batteries was exported to West African countries, Isoglass in Ibadan was servicing vehicle plants all over the world, there was Sterey Plant in Ibadan, that produced Earthmoving vehicle parts, there was ‘ 33’ Export beer, there was Volkswagen Plant in Lagos, there was ANAMCO that produced buses in the East. There was a Peaugot plant in Kaduna, the Textile industries were productive, the most of Ikeja was occupied by different manufacturing industries, in which goods were exported and revenue was in foreign exchange”

He however lamented that all these manufacturing industries which exported their products to earn foreign currencies and generate employment for Nigerians have closed up. 

Engineer Agoro called on President Tinubu to learn from them. Malaysia, a country which found itself in Nigeria’s shoes some years ago but bailed itself out by enhancing and re-invigorating its manufacturing sector which has returned the country to the path of development 

He disclosed that unless the manufacturing sector is revived and reeved to productivity Nigeria cannot match its present economic headache.

Engineer Agoro said ”  We can not expect our naira to be strong if we do not have products that are manufactured in Nigeria and exported out there to fetch the foreign currencies in. We cannot build something on anything

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts


Oyo Assembly Stops Fresh Election in Iyaloja-General’s Tussle as Market Leaders Affirm Saratu Aduke Konibaje

.Stakeholders hail Gov, Speaker, others The Oyo State House of Assembly on Thursday stopped a fresh move by the State Ministry of Trade, Industry and Cooperatives to organize a fresh election to pick the Iyaloja-General of the State. Sources in the State legislative arm of government said the Speaker, Rt. Hon. Adebo Ogundoyin alongside his […]

Read More

Gov Makinde, Wife, Ex-First Ladies, Dotun Sanusi, Others for Mayor Isaac Brown’s Miss Oyo 2023 Show

Credit: Demola Babalola The Oyo State Governor, Engr Seyi Makinde; his wife and First Lady of the State, Tamunominini; former First Ladies, Florence Ajimobi; Oluwakemi Alao-Akala; Mutiat Ladoja and Sarat Adesina would grace the 20th special edition of beauty pageant tagged Miss Oyo on Sunday December 3rd, 2023 at the Jogor Events Centre Obafemi Awolowo […]

Read More

200-level OAU student, Enitan admitted in hospital after completing 58 hours wash-a-thon 

A 200-level student of Obafemi Awolowo University, Enitan Subair has completed the 50 hours wash-a-thon with an addition of 8 hours. Enitan, who started hand washing on Friday, succeeded in breaking the record around midnight on Monday, with an addition of eight hours. While Nigerians celebrated the new record breaker, others were concerned about the […]

Read More