Investors urge govt to ban import of materials | The Guardian Nigeria News - Nigeria and World News ⚠️
They argued that after 62 years of the nation’s independence, investors are yet to adopt local building materials in projects to meet housing demand in the market, while builders and estate developers could not depend on imported products due to the fluctuation in the foreign exchange market.
The forum provides a platform for organisers and participants alike, a platform for direct communication and value exchange between architects, consultants, contractors, developers, products and other service providers in the built environment. Contributing, Abubakar Isyaku of Cormart Nigeria Limited, urged government to encourage made-in- Nigeria products by banning building materials’ importation, adding: “if properly enforced, it can give us a greater drive and support for the patronage of indigenous products. Presently, there is no encouragement.”
“Our production in Nigeria will create jobs for Nigerians and enrich the local investors that buy the raw materials. In the government role, it has not been easy. But, the ban of foreign building materials, like tiles, will promote growth in the industry,” Rabiu said.