Hendia Investment limited, has inaugurated the board of directors, said that the era of importing goods into Nigeria is officially over
The Chairman of the Senate committee on Capital Market, Sen. Osita Izunaso, while addressing journalists at the inauguration of the board of directors and the presentation of Hendia smart city business opportunities, in Abuja, he emphasized the importance of making Nigeria the destination hub in Africa, leveraging the country’s vast population.
He said: “Am happy to see that you have developed a lot of products and the good thing about those products is that they are indigenous they are our own products, proudly Nigerian products and that is exactly how it should be the era of importing ventually everything is gone , this is the era of manufacturing things in our fatherland.”
He highlighted the importance of collaboration between the private and public sectors, while he also pledged government support in providing an enabling environment for businesses to thrive.
Izunaso added, “Africa is the least industrialized continent in the world which means the entire world will be looking towards Africa, but even when it comes to the African Nigerian population, we have met Nigeria that destination hall so even when they come African, the place to go is Nigeria.
“I’m happy to associate with the Smart City Business. Would you have in America the four cardinal points of wealth creation, job creation, house revolution, and improving human beings. So what you are doing is the right thing to do, the government alone cannot develop this country.
“There must be a synergy within the private sector and the public sector. As a matter of fact what the public sector can do is to provide an enabling environment for the private sector to thrive so you are doing just that in the private sector.”
In his remarks, the chairman of Hendai Investment Limited, Prince Owoediinyene Essien, noted that massive production plants will be built in the Smart City in Nigeria and across major countries in Africa for local consumption and extensive exportation.
He explained that the Hendai Investment Limited, is a multibillion dollars modern city development project promoted by the Chinese investors to address industrialization challenges.
He said: “For several decades, Africa has been suffocating under the grip of Poverty and Underdevelopment; this is a direct consequence of poor economic development and overdependence on importation which impoverishes the continent while creating wealth for the Developed Countries.
“Hendai Smart City presents a veritable solution by offering an industrialization program to partner with various African governments and relevant stakeholders to create massive employment opportunities for the teeming youth population.
“This Industrialization Program will be executed through the manufacturing and sale of various products such as; Computers, Smart Phones, Smart Television, phone accessories, Solar energy products, Agro-allied products, hair products/accessories, textile materials, modern furniture.”
