Chamber decries foreign label on Made in Nigeria Products
Omo-Ojeonu said the phenomenon was worrisome, adding that credit for indigenous products manufactured with 100 percent local technology and raw materials was now being given to foreign countries.
The Benin Chamber of Commerce, Industry, Mines, and Agriculture (BENCCIMA) has decried the situation where some manufacturers have to package their products with foreign labels to encourage patronage.
Mrs. Aina Omo-Ojeonu, President of BENCCIMA, said this at the opening of the 2022 Edo Trade Fair in Benin.
Omo-Ojeonu said the phenomenon was worrisome, adding that credit for indigenous products manufactured with 100 percent local technology and raw materials was now being given to foreign countries.
She said the theme for the 2022 Edo Trade Fair, 'Promoting Made in Nigeria Products for New Market Opportunities and Global Competitiveness' was therefore apt.
She said the theme was carefully selected to address low patronage of Nigerian products and services and the consequent negative effect it was having on local technology.
The president, represented by the First Deputy President of BENCCIMA, Mr. Austin Atakpu, urged improved access to intervention funds for business development.
She also called for the reduction of regulatory barriers being faced by businesses as well as improved infrastructure.
Earlier, chairman of the event, Mr Austin Lazarus, said the trade fair was a demonstration by the chamber in showcasing goods and services made within and outside the state.
Lazarus also urged patronage of Made in Nigeria products to boost employment, wealth, and the nation's Gross Domestic Product (GDP).
He, however, said that business operators in the country were not finding it easy to run their activities, calling on the government to create a conducive business environment.
Supreme reports that the 2022 Edo Trade Fair was organized by BENCCIMA in collaboration with the Edo Government.
The fair which began on Nov. 25, will end on Dec. 10.