The federal government has said that it is providing economic stimulus for the manufacturing sector as part of measures to come out of coronavirus pandemic.
Specifically, the government said about ten ventilators companies, 46 producers of hand sanitiser, among others had been assisted to boost their current capacity during the period of the lockdown.
Chairman of the Emergency Operations Centre of the Committee on Sustainable Production and Delivery of Essential Commodities during COVID-19, Tijani Inuwa, said this in Abuja during an award ceremony by the Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo. Inuwa said that during the period of the interstate travel ban, the committee received and resolved 121 cases of complaints from manufacturers.
“Out of these 121 cases, about 76 per cent of the challenges related to movement of manufacturing and pharmaceutical products,” he said. The Minister assured that the federal government has put in place policies to come out of the coronavirus pandemic very strongly against predictions of economic doom by some international bodies.
Otunba Adebayo said more support would be provided to the manufacturing and other key sectors of the economy to boost their productivity as a result of the Covid-19 pandemic. The EOC was responsible in monitoring the live status of transportation and delivery of essential goods during the period of interstate travel ban through which government was able to cut down on the difficulties that was faced by manufacturers, transporters, and distributors of essential commodities. The Trade Minister commended the committee for effectively discharging their mandate, adding that based on feedbacks received during the exercise, it is now imperative that Nigeria has the capacity to produce some of the products it needed.