The Raw Materials Research and Development Council (RMRDC) of Nigeria is collaborating with lawmakers to curtail the importation of raw materials that can be locally sourced. This move is part of a broader strategy to boost domestic production, protect natural resources, and strengthen Nigeria’s industrial base.
The initiative spearheaded through a bill currently under review in the National Assembly, has already scaled its first reading. Prof. Nnanyelugo Ike-Muonso, Director-General of RMRDC, disclosed this during an interactive session with the Manufacturers Association of Nigeria (MAN) in Lagos.
He explained that the proposed legislation mandates a minimum of 30% value addition to all raw materials before export. “This bold move will protect our natural resources and catalyze domestic processing capabilities, creating jobs and fostering industrial growth,” Ike-Muonso stated.
Data-Driven Policy for Value Addition
The 30% requirement was established following a comprehensive survey conducted by the Multi-disciplinary Task Force (MTF) in collaboration with MAN. The task force analyzed data across ten sectoral groups to identify areas where value addition capabilities could be enhanced.
“The findings pinpoint sectors needing technological intervention and capacity building to meet the 30% threshold. This ensures the policy is not just aspirational but achievable through practical, data-driven strategies,” said Ike-Muonso.
The approach includes detailed mapping of industrial capacities, technological gaps, and processing facilities, enabling RMRDC to craft sector-specific support mechanisms. These strategies aim to help manufacturers align with the new requirements while enhancing their global competitiveness.
Boosting Domestic Products and Partnerships
Segun Ajayi-Kadir, Director-General of MAN, lauded the inclusive process RMRDC has adopted, emphasizing its potential to uplift the manufacturing sector.
4“This initiative is a milestone for partnerships to implement international projects aimed at improving the patronage of made-in-Nigeria products,” Ajayi-Kadir said. He further noted that the collaboration between MAN and RMRDC could significantly upscale productivity and raw materials development, fostering economic growth. As the bill progresses, it reflects a strategic effort to position Nigeria as a leader in industrial innovation and self-reliance, signaling a brighter future for the country’s manufacturing and export sectors.
