BusinessEconomyNews

Africa’s Future Industrialization: Lagos 2023 NME, NIRAM Expo Sets Agenda for Discussions

All is now set for the hosting of the
2023 edition of the Nigeria and Equipment (NME) and the Nigerian Raw Materials (NIRAM) Expo in Lagos Nigeria.

President of the Manufacturers Association of Nigeria MAN, Francis Meshioye alongside the Director General/CEO of Raw Materials ManufacturingResearch and Development Council (RMRDC), Prof Hussaini Ibrahim, disclosed this at an international press conference on Tuesday.

The event is jointly organized by the Manufacturers Association of Nigeria (MAN) and the Raw Materials ManufacturingResearch and Development Council (RMRDC), in collaboration with the Federal Ministry of Industry, Trade and Investment & the Federal Ministry of Science, Technology and Innovation.

The NME & NIRAM Expo is globally recognized as the preeminent and all-encompassing event covering every facet of the manufacturing value chain

The theme for the 2023 event is: “Future Manufacturing: Building a Sustainable Roadmap to the Industrialization of Nigeria”.

According to the Organisers, the theme holds particular significance in the current context, highlighting the need for stakeholders to engage in in-depth discussions on the importance of forward-thinking, environmentally responsible, and industry-supportive strategies in manufacturing.

The MAN boss noted that the event underscores manufacturing’s pivotal role as a catalyst for economic and social development within the region.

“The NME & NIRAM Expo is gearing up to tackle pivotal issues in line with our theme; ‘Future Manufacturing: A roadmap to an enabling environment with sustainable industrialization.’

“This year, our focus is squarely on discussions and solutions that will drive the manufacturing industry towards a prosperous and sustainable future.

“We’ll explore innovative strategies, cutting-edge technologies, and sustainable practices that can contribute to the growth of the entire African manufacturing ecosystem.

“In the ever-evolving landscape where disruptive technologies and trends, including Blockchain, Internet of Things, Machine Learning, Artificial Intelligence, Green Energy, and Augmented Reality, are set to shape the future…

“We must harness these innovations to foster self-sufficiency. It’s equally essential not to lose sight of the importance of harnessing locally sourced raw materials and availing oneself of critical support services such as financing and logistics.

“These elements will play a central role in our discussions during the event, taking place from the 21st to the 23rd of November 2023, by 9am at the Convention Centre, Federal Palace Hotel, Victoria Island, Lagos.

“This event serves as a pivotal platform for embracing technology to produce our own goods, support sustainable development, and ensure we are not reliant on developed nations.

“We must also remain committed to utilising locally sourced raw materials and leveraging essential support services, including financing and logistics, to drive our manufacturing endeavours and propel us into a prosperous and sustainable future.

“It’s crucial to emphasise to large, medium, and small manufacturing organisations the immense opportunity presented by this year’s expo to explore novel production processes that enhance output, reduce expenses, elevate product quality, and diversify into new product lines.

“Consistent with our tradition, the NME will be co-located with the Manufacturing Partnership for African Development (mPAD) conference, a strategic forum uniting thought leaders in the manufacturing sector…

“Policymakers, and government regulatory agencies to address existing challenges and generate innovative ideas for industry growth and development.” Meshioye said.

According to him, renowned political economy and management expert, Prof. Pat Utomi, will lead this session along with distinguished manufacturers confirmed as discussants at the event.

“Concurrently, the Raw Material Research & Development Council (RMRDC) will offer masterclasses featuring the latest research findings delivered by carefully selected experts.

“Another significant event is the Women in Manufacturing session, affording accomplished women in the field the opportunity to share their experiences with aspiring female manufacturers who may be considering entry into the sector.” He further disclosed.

For his part, the RMRDC boss noted that his organisation’s collaboration with MAN is strategic as their roles complement each other.

“This underscores our partnership in co-hosting these yearly expositions to maximise the benefits to our common stakeholders, who continually aim to reduce the cost of manufacturing amid the rising cost of raw materials and process equipment.

“On our part, the Council has assiduously worked over the years with stakeholders to increase manufacturers’ access to both basic and secondary raw materials.” He said.

Comment here