REVEAL: Nigeria Spends $900m To Import Ceramic Product Yearly Despite Few Production Capacity

Date: 26-09-2022 6:33 am (1 year ago) | Author: onuigbo felicia
- at 26-09-2022 06:33 AM (1 year ago)
Online (f)

Not less than $900 million is spent by Nigerians to import ceramic products yearly as the country has very few local production capacity.

This was disclosed by Professor Patrick Oaikhinan, the only professor of Ceramics Engineering and Technology in Nigeria. Oaikhinan, who is the Managing Director and Chief Executive Officer of EPINA Technologies Limited, in a chat with New Telegraph, said while Nigeria imports more of ceremic products worth $900 million every year, it exports a meagre quantity worth less than $80,000.

He stated that the ones produced in Nigeria, which constitute the country’s $80,000 export, are even those produced by foreigners who were doing business in Nigeria.

He noted that the country was spending about $800 million on the importation of ceramic products up till 2010, but the importation had been fluctuating since then. He said, however, it picked up and has risen to about $900 million since 2019, adding that the country spent $365 million on tiles importation alone.

“These are what we can calculate officially. If we add those ones that are smuggled into the country, we will know that the country is losing huge amount of money in foreign exchange.

“Those people who smuggle aren’t taken into consideration, only the records – the paper value – and so it’s definitely more than that because people bring in from Cotonou and Cameroon and these aren’t calculated,” he added.

The ceramics technologist said Nigeria needed to revive its ceramics sector to develop and grow its economy, disclosing that all aspects of development in other sectors revolve round ceramics. According to him, “Nigeria’s economy cannot grow without ceramics. Look at it this way. Talk of any sector, ceramics is present. Be it aviation, automobile, education, health, real estate and even telecommunications.

Even in the medical sector as well. “Ceramics play a key role in every sector in the economy. Being in an hotel here right now, you know that you’ll eat and drink with ceramics and when you want to use the restroom, you won’t wish to leave because of the ceramic sanitary wares (toilets, wash-hand basins, tiles, etc.).

So, without ceramics, the economy can’t move forward. “Unfortunately, we spend not less than $900 million on ceramics importation annually with mainly 61 per cent of that amount coming from India, and the rest from Spain, Austria, Italy and even South Africa.

Hence, ceramics is at the foundation of any economy in the world.” He stated that despite its huge potential, ceramics industry was the most suffered sector in Nigeria, saying government has totally neglected the sector.

According to him, out of 10 ceramics firms operating in Nigeria, eight are completely owned by foreign investors, while the other two are co-owned by Nigerians and foreign partners.

He declared that if well harnessed, the industry could produce five million employment annually. “Take, for example, the ceramic brick industry is capable of giving jobs to bricklayers, carpenters, tile layers, transporters, casual laborers,  electricians. Putting all these together, one could have so many direct and indirect employees working for them and, that way jobs are created.

“If we develop the ceramic industry in this country, we can guarantee five million employment opportunities annually, bcause we’re going to have the table-ware, tiles, sanitary-ware , brick, insulator, paving floor, medical, technology, paper and print industries all using the raw materials that ceramists would have processed like processed kaolin, for example, which the print industries use.

“We can have one company producing materials for other industries, thereby creating jobs for so many people. If we can do that… and we haven’t mentioned glass yet or cement. Although I know of two companies doing well in cement production,”
he said.

Posted: at 26-09-2022 06:33 AM (1 year ago) | Addicted Hero
- kp45 at 26-09-2022 07:19 AM (1 year ago)
Online (m)
Hmmm..
Posted: at 26-09-2022 07:19 AM (1 year ago) | Addicted Hero
Reply
- gogoman at 26-09-2022 11:49 AM (1 year ago)
Online (m)
WHAT NEW!!!! NIGERIA THAT IMPORT PONMO VERY USELESS COUNTRY  Roll Eyes Roll Eyes Roll Eyes
Posted: at 26-09-2022 11:49 AM (1 year ago) | Grande Master
Reply
- nikiniki at 26-09-2022 02:31 PM (1 year ago)
(f)
so talk without action, you all robbed the country blind
Posted: at 26-09-2022 02:31 PM (1 year ago) | Gistmaniac
Reply
- kacylee at 27-09-2022 07:40 AM (1 year ago)
Online (f)
just Nekodu smh

Posted: at 27-09-2022 07:40 AM (1 year ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. Supporters Of Embattled Ex Gov. Yahaya Bello Perform Rituals To Prevent His Arrest From EFCC

  2. Actress, Peggy Ovire Reacts After Troll Said She Forced Husband Freddie Leonard To Marry Her

  3. VIDEO: "You Are Driving A Ferrari Without A Hit Song" - Portable Blasts Zinoleesky

  4. Under The Law, Once A Father Acknowledges A Child, No Third Party Can Contest It -Lawyer Slams

  5. Bullying: "Teach Children Love, Kindness And Empathy" – Queen Atang Urges Parents

  6. Punish My Abusers Within 48 Hours Or...- Student Bullied By Classmates Threatens Lead School

  7. Police Parade 21 Criminal Suspects In Edo

  8. Tunde Onakoya Gets Royal Welcome As He Lands in Nigeria After Breaking Record in Chess Marathon


THIS WEEK
  1. Davido Reveals Fate of Peruzzi And Other Signed Artistes After Dissolving DMW Record Label

  2. Abia Police Parade Suspected Criminals, Including ABSU Student Involved In Fatal Shooting

  3. Pastor, David Odeniyi Seeks Divorce After Wife Strips Him Nak3d In Front Of His Congregation

  4. 'Brand Ambassador', Phyna Calls Out Pepsi For Supplying Her Expired Drinks

  5. How Past Abia Govt Paid N107.2 Bn To Contractors For Non-existent Abia Airport & Other Projects

  6. Lady Who Was Dragged For Wearing a Racy 'Asoebi' Outfit to a Wedding Reception Breaks Silence

  7. Ex-Nigerian Customs Sole Administrator, Omlago Ango Damages Estranged Wife's Abuja Home

  8. Abia State Police Arrest Suspects Linked To Mysterious Death of 23-Yr-Old Hope Chinedu Prosper

  9. UNIPORT Lecturer Caught on Camera Pants Down, S3xually Harassing a Female Student in His Office

  10. Nollywood Actress Toyin Abraham Extends Olive Branch To Funke Akindele,Calls For Industry Unity


TOP MEMBERS: