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 Nigeria's industrial decay is monumental-Private sector unions
  By Ayokunle Oloye        newsdiaryonline     Wed April 22,2009        
Not less than 70 industries in Nigeria ,according to   Nigeria Lagos Congress NLC -affiliated private sector unions , have collapsed within the last ten years. Top among the collapsed industries are Dunlop Lagos , Michelin Port Harcourt,  Batta shoes, Lennard Shoes, Tarneries, majority of Leather industries in  Kano amongst in the country. ''If a poorer Nigeria  in the 50s and 60s could out of nothing ensure industrial development, a reicher Nigeria should be able to ensure  the expansion , not contraction  of industrial development.Regrettably, big manufacturing companies like Michelin, Dunlop and othes are relocating to more conducive environment in neighbouring country like Ghana'' said Issa Aremu secretary general NUTGTWN in a statement today by private sector unions.


The  NLC report also added that four major cement factories have reduced their workers by nothing less than 25 % in the recent time.In some cases more have been retrenched. Lafarge cement have reduced staff from 3000 to 500 while Ashaka cement came down from 2000 t0 200, also listed among the industries are PZ, Benue cememt which was only re-opened recently. Aremu in a statement further said the''the journey to deindustrialization is not just limited to the textile sector.The entire footwear and leather sctor is virtually dead.Even the print media isfeeding on imported newsprint as all the local newsprint companies like Oku -Iboku,Jebba and Iwopin remain under lock and key.''He listed many other sectors affected and conclude the ''in fact no sector is spared ;airtransport,shop and distributive, steel,engineering and automobile.The industrial decay is just Monumental''

NLC has called for immediate re industrialization of the economy saying the economy is almost in complete collapse. The Union Sectary General Isa Aremu during a press conference in Lagos  accused the federal government of neglecting the Industry, saying the union will start a  road show   on Thursday at all closed industries in Lagos.


He stress that the union is embarking on Re Industrialization campaign to reverse this trend of de Industrialization through pressures and advocacy for friendly  business environment, stable macro economic policy consistency, clear and focused  industrial strategy that will ensure value addition and job creation through  patronage of made in Nigeria Goods.

 

 


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