Fidelity bank banner Bayelsa State banner
One million Made-in-Aba shoes now exported everyday

By News Express on 22/09/2014

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,467

The Aba shoe industry project in South-East Nigeria is heading for the global market with daily export figures of one million pairs to other African countries, the President of Abia Think Tank Association, Mazi Sam Ohuabunwa, has said.

Ohuabunwa , who stated this during a press conference ahead of a two-day economic summit in Aba, said that the shoemakers produce quality that compares with the Italian brands, adding that despite leading the Africa market, they are yet to have a presence outside the continent.

“We have started forming the shoemakers into cooperative societies so that they can have access to funding from development finance institutions like the Bank of Industry as well as capacity building and linkage to international market,” he said.

He explained that when he was in Aba where they make shoes billed for Cameroon, Ivory Coast and Gabon even to Zaire, disclosing that over one million pairs of shoes are exported daily out of Aba.

“I found out that they were doing the work without support from anybody. But when I calculated their returns on those investments, I found it was peanuts. They work like elephant but eat like ant. They sweat to bring in their ingenuity but because they are not properly harnessed, the return on investments is meagre,” he said.

The former Chairman of the Economic Summit Group lamented that one of the greatest problems facing made-in-Nigeria products is the lack of policy backing by the government.

“When products made in Nigeria are patronised by government and ordinary people then more goods will be produced, wealth created and prosperity will be spread among Nigerians,” he said.

He stated that once the made-in-Nigeria policy is sustained, the medium and long-term percentage of Nigeria’s manufactured products in composite of export will increase and the percentage of total imported goods will decrease.

Ohuabunwa added that if the policy is properly implemented, there will be wealth creation and more employment in Nigeria.

He urged Nigerians to develop confidence in Made-in-Nigeria products and trade on the products in order to facilitate more productivity in the country.

Ohuabunwa pointed out that Aba remains the economic and industrial hub of the eastern states and Nigeria with great potentialities yawning for exploitation.

He explained that the forthcoming summit with the theme, “Aba as the Centerpiece of Abia Economic Renaissance” will consolidate and deepen the gains of the previous edition and maintain the momentum by focusing attention of private and public sectors in Aba to resolve a veritable and strategic roadmap for the state’s development.

•Text courtesy of Daily Sun. Photo shows President of Abia Think Tank Association, Mazi Sam Ohuabunwa.

Source News Express

Posted 22/09/2014 12:13:16 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+




You may also like...
HURIWA accuses Lamorde, EFCC of witch hunt

Chinese firm makes money selling bottled air

Soludo vs Okonjo-Iweala: Revisiting the N30 trillion mismanagement...

Senate crisis deepens, plenary adjourned •PDP Senators vow...

12 confirmed dead in London fire, many more...

NDDC disowns college renovation contract in Akwa Ibom...

Troops meet stiff resistance after storming Boko Haram...

Nigeria, Germany to improve trade ties

NEC approves $650m seed funding as FG establishes...

50 soldiers undergoing secret trial over mutiny

Troops vanquish Boko Haram remnants in Sambisa Forest...

Explosion rocks Lagos community


Latest News Flood submerges 5 Benue communities, rice mill: Agency Osun Guber: Police deny FG’s payment of N50,000 to its personnel 'Ensure immediate release of Leah Sharibu, remaining Chibok girls' — Anglican Church tells FG Ibom International Airport MRO to begin operations Delta governor inspects flood ravaged communities Lokpobiri ignorant of Bayelsa debt profile; should be ignored — Dickson Shell offers free healthcare to 610,000 in Niger Delta Patients in police van drown in US floods Six Chikes, Germany and Theoretical Physics Six final year students killed at varsity graduation party Police declare PDP guber candidate, Senator Adeleke wanted for exam malpractice Bloodbath in Cameroon; 400 reported killed


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (394,540 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (375,739 views) Shameless Genevieve Nnaji exposes breasts in public (307,250 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (249,847 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (231,358 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,173 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (199,312 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (180,942 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (165,021 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (162,959 views) Lagos plane crash: Journalist releases victims’ names (157,630 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (146,505 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (62) Business & Economy (3,610) Business Verdict (51) Columnists (930) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (546) Features (651) Global Business Monitor (300) International (2,409) Interview (164) Live Commentary (28) Love Matters (143) News (38,982) Opinion (1,105) Pidgin (11) Politics (6,633) Religion (866) Sports (1,693) Stock Watch (33) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




I am Imo State's New Governor -- Okorocha's son-in-law Uche Nwosu...


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera