Federal Government Reiterates Support For Local Industry Growth

Federal Government Reiterates Support For Local Industry Growth

The Federal Government has reiterated its dedication to supporting and strengthening local industries, highlighting their crucial role in driving economic growth and development.

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made this commitment during an inspection visit to Amal Tech. Limited, an indigenous hardware manufacturer based in Abuja, on Thursday.

Lokpobiri praised the company’s innovative solutions, stating, “Your innovative solutions are creating jobs, adding value to the economy, and making a significant impact across multiple sectors.”

He commended the company for its commitment to domesticating expertise and creating local employment opportunities, saying, “I am impressed by your dedication to domesticating your expertise and creating opportunities for local employment. Your success is a testament to the power of engineering and innovation.”

The Minister emphasised the government’s support for local industries, stating, “We are committed to strengthening our partnership with you and supporting your growth. We recognise the importance of your work in achieving our objectives, particularly in reducing pipeline infractions and increasing local production capacity.”

Lokpobiri encouraged other partners and investors to utilise funds for their intended purposes, adding, “This will create more jobs, add more value to the economy, and support local industries.”

He assured Amal Tech. Limited of the government’s support, saying, “Once again, I congratulate you on your achievements and assure you of our support. We will work together to market your innovative solutions across West Africa and beyond.”

Also speaking at the event, the Chief Executive Officer of the company, Shehu Abdullahi, expressed his appreciation to the Federal Government and stated that their innovations would save the government money.

“I am very excited to hear that the government is willing to partner with us on this. As you can see from the presentation earlier, the raw materials for the production can be sourced locally, which will save money for Nigeria,” he said.