The next few weeks, we hope to identify products and ideas that can be matched with investors and government agencies.
“To wrap up the challenge, in March, we will be inviting some of the finalists to a Made-in-Nigeria Roundtable, at the Senate.
“This roundtable will allow us, legislators, government agencies, business owners, and everyday Nigerian consumers to review and update the report of the National Assembly Business Environment Roundtable (NASSBER), which was held in 2016, to improve the ease of doing business in the country,” he said.
Saraki also said the roundtable would also be used to get feedback on the Public Procurement Act passed by the Senate, in 2016.
The amended Act mandates government agencies to give preference to local manufacturers in the procurement of goods and services.
He wished all participants good luck and called on Nigerians to “use the hashtag #MadeInNigeria in all your submitted videos.”
To participate in the contest, participants are expected to shoot a video of between 45 seconds to three minutes, showcasing their products or services that are an alternative to imported ones.
The manufacturer must utilize up to 70 per cent of locally-sourced raw materials to qualify as Made-in-Nigeria goods or services.
The video, according to Saraki, has to state the registration status of the company, the number of people currently employed and “the intervention you need from government,” to aid small businesses in Nigeria.
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