Mrs. Ngozi Oyewole, Chairperson of the Wood and Wood Products Sector of the Manufacturers Association of Nigeria (MAN), has called for more robust engagement with government to implement policies that enhance financial access, drive expansion, and modernize the wood industry.
In an interview on Thursday in Lagos, Oyewole emphasized the need for targeted support mechanisms, including the creation of a dedicated Wood Industry Development Fund. Such a fund, she noted, would provide grants and low-interest loans to Small and Medium Enterprises (SMEs) to aid their expansion and boost capacity.
She also encouraged Nigeria to leverage international trade agreements and participate actively in global trade fairs to showcase local wood products and foster valuable business connections.
According to Oyewole, the wood industry holds immense potential to contribute significantly to Nigeria’s Gross Domestic Product (GDP), even though it currently accounts for only about 2%. She stressed that with the right strategies and inclusive practices, the sector could greatly enhance its productivity and economic impact.
“One major strategy to accelerate growth in the sector is investment in modern technology,” she stated. “By partnering with technology providers, we can acquire advanced machinery that improves efficiency, enhances quality, and reduces production costs.”
Oyewole also highlighted the importance of addressing skill gaps, particularly among women. She advocated for customized training programs, such as those under the National Skills Development Programme, to equip women with the technical skills needed to operate modern equipment and assume leadership roles in the industry.
“As a female leader in this sector, I understand the value of inclusivity. Mentorship programs for women can empower them to take on leadership positions and bring diverse perspectives into the industry,” she added.
Sustainability, Oyewole noted, must also be a core principle guiding the industry. She urged sector players to adopt sustainable forestry practices, ensure responsible sourcing, and comply with environmental regulations to safeguard long-term resource availability.
She further called for greater investment in research and development to foster innovation in product design and manufacturing processes. Collaborations with universities and research institutions, she said, could drive the development of new materials and techniques that meet evolving market demands.
Strengthening industry associations, such as the Wood Products Manufacturers Association, was also emphasized as a means of encouraging collaboration, resource-sharing, and more effective advocacy.
Finally, Oyewole voiced support for the Nigeria First Policy introduced by President Bola Tinubu, stating that it aligns with the wood sector’s vision of utilizing local resources and skills to foster sustainable growth and reduce reliance on imports.
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