Nigerians’ preference for foreign goods over domestic products stems from concerns over local manufacturing standards, the Standards Organisation of Nigeria (SON) revealed. This growing trend not only threatens the nation’s economic stability but also devalues its currency.
During a recent workshop in Uyo, Akwa Ibom state, titled “Enhancing Exports and Economic Development through Standardization and Quality Assurance,” SON’s Director General, Mallam Farouk Salim, shed light on this pressing issue. He highlighted that the ongoing reliance on overseas goods is anchored in the belief that Nigerian-made products are not up to par. The workshop was SON’s initiative to accentuate the necessity for local manufacturers to match global quality benchmarks.
Delivering Salim’s message, Usman Mohammed, the Regional Director of SON for the South-South, elaborated that SON’s role isn’t merely regulatory. They envision themselves as crucial trade catalysts, ensuring both local and international goods meet the defined criteria. Instead of penalizing non-compliant companies, SON offers insights to elevate their product quality.
The event underscored the importance of adaptability in the face of changing global dynamics and shifting consumer needs. Manufacturers are urged to evolve, innovate, and surpass market demands. However, financial constraints remain a significant challenge for local businesses, as highlighted by the Akwa Ibom State Chairman for NASME. He nonetheless appreciated the workshop’s role in expanding the perspectives of local producers.
In essence, to reduce its import dependence, enhance economic momentum, and strengthen its currency, Nigeria must prioritize and uphold product standardization and assure top-tier quality.
