Brokers task government on patronage of locally-made goods

Insurance Brokers, under the aegis of the Nigerian Council of Registered Insurance Brokers (NCRIB) has urged governments at all levels to give greater impetus to the patronage of made in Nigeria goods as a way of growing the nation’s economy.

Mr. Kayode Okunoren, President, NCRIB, disclosed this while applauding the ongoing efforts of government to revive the economy, suggested that policy statements should be made by top office holders at the three tiers of government, urging the people to patronise Nigerian made goods.

The NCRIB President noted that, for instance, the comatose textile industry would come to life if there is a sincere pronouncement that workers now have the latitude to wear home-made clothing materials on certain days of the week.

Okunoren, who drew examples from other countries that had course to look inwards at some point, said such action will stimulate growth in the various sectors and give life to the economy.

“Definitely, insurance will also witness a boost through this step as more activities would be generated across different sections of the economy. Without an iota of doubt, demand for dollar will naturally crash when demand for local goods is intensify,” he pointed out.

He, however, called for sincerity on the part of government and the nation’s leaders towards patronising made-in-Nigeria goods, rather than doing otherwise.

The NCRIB President also urged Nigerians to be more patient with the present administration in fixing the economy through the various prudential steps and the ongoing war against corruption.

Meanwhile, the council said it is giving further impetus to economic revival efforts and  has put forth the theme ‘The Future Today’ for its 2016 National Insurance Brokers Conference & Exhibition holding in November 10, 2016 in Abuja.

The theme, according to NCRIB, is aimed at galvanising opinions on the shape and future of Nigerians economy and the roles of the insurance industry.

The Chairman, Organizing Committee, Dr. (Mrs.) Bola Onigbogi stated that the conference will be declared open by the Vice President, Prof. Yemi Osinbajo.