Nigerians Urged To Buy Local Products To Turn Around Import Economy
Six years ago, an investment of 10 US dollars and a bucket of lemons launched a Nigerian lemonade business that is worth 10 million US dollars today. Wilson's Juice Company buys truck loads of locally grown lemons and produces between 2000 to 2500 cartons of lemonade daily. With the recent fall in the naira following a plummet in oil prices, Nigeria, Africa's biggest crude exporter put in place restriction on imports in a bid to boost local industry. This and the shortage of dollars, have been good news for homegrown companies like Wilson's which for years have had to compete with vast imports from Europe and South Africa. Nigerian officials and private sector players are renewing a push to promote local industries and save the economy. Social media campaigns have urged Nigerians to buy products "Made in Naija." The Nigerian senate recently through Senator Eyinnaya Abaribe adopted a motion seeking the amendment of the Procurement Act to compel a