By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: United Furnitures hails Tinubu’s import ban, urges MDAs to patronize them
Share
Sign In
Notification Show More
Latest News
TETFund commissions 1,150-Seater Lecture Hall, Allied Sciences Laboratories at UDUS
Business Education News
Wawa Barracks, Tiger Base: Nigeria’s Most Notorious Dungeons
Opinion
Mabaja Crooner Oluwatoyin Ojagbemi Announces Album Launch Date in November
Business Entertainment Metro News
ILD: FG reaffirms commitment to mass literacy
Education News
Gomo the lll hails Wike for performance in FCT
Culture Metro News Politics
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > United Furnitures hails Tinubu’s import ban, urges MDAs to patronize them
BusinessNews

United Furnitures hails Tinubu’s import ban, urges MDAs to patronize them

Publisher
By Publisher Published May 6, 2025
Share
2 Min Read
SHARE

 

By Ekuson Nw’Ogbunka, Abuja

The President of the United Furniture Association of Nigeria, Dr Prince Emeka Egwuekwe, has praised President Bola Tinubu’s decision to ban the importation of goods that can be manufactured locally. Prince Emeka Egwuekwe urged the president to maintain the ban to boost the country’s economy by ensuring that MDAs patronize local manufacturers, and called on the Senate to support the order with legislation. Egwuekwe, the MD of Prince Furniture and Furnishing Company Limited addressed journalists in his office in Abuja on Tuesday.

On economic benefits of the import ban, Prince Emeka Egwuekwe, said that the ban will enhance Nigeria’s favorable balance of trade and lead to increased employment opportunities in the furniture industry. He emphasized that Nigerian manufacturers can produce high-quality furniture that competes favorably with foreign counterparts.

Speaking on local production and job creation, he highlighted the potential for local production to drive economic growth, citing China’s success in building its economy by shutting borders to foreign goods and promoting local production. He also disclosed plans to establish the Prince Interior Vocational Institute in Abuja to train bricklayers, carpenters, welders, and other skilled workers, with interest from the United Nations Industrial Development Organization (UNIDO) to partner on the project.

On government support needed, the MD, Prince Furniture and Furnishing Company Limited observed that to fully realize the benefits of the import ban, Egwuekwe urged President Tinubu to ensure that Ministries, Departments, and Agencies (MDAs) prioritize purchasing furniture and related goods from Nigerian manufacturers. This move would not only support local industries but also contribute to the country’s economic development.

Shedding light on its impact on Nigeria’s economy, the manufacturer said that he noted with dismay that Nigeria loses approximately $9 billion annually to furniture imports, according to the President of the Kitchen and Furniture Manufacturers Association of Nigeria (KIMTA). By promoting local production and reducing imports, Nigeria can conserve foreign exchange and stimulate economic growth.

Like this:

Like Loading...

Related

You Might Also Like

TETFund commissions 1,150-Seater Lecture Hall, Allied Sciences Laboratories at UDUS

Mabaja Crooner Oluwatoyin Ojagbemi Announces Album Launch Date in November

ILD: FG reaffirms commitment to mass literacy

Gomo the lll hails Wike for performance in FCT

Clergy seeks justice over wife’s ‘illegal burial’

TAGGED: Furniture association, importation ban

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher May 6, 2025
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Relief in Abuja as FCT Doctors Suspend Strike Over Sack of 127 Health Workers
Next Article Nigeria, The Gambia Pledge Commitment to Improve Tourism Collaboration
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

TETFund commissions 1,150-Seater Lecture Hall, Allied Sciences Laboratories at UDUS
Business Education News September 9, 2025
Wawa Barracks, Tiger Base: Nigeria’s Most Notorious Dungeons
Opinion September 8, 2025
Mabaja Crooner Oluwatoyin Ojagbemi Announces Album Launch Date in November
Business Entertainment Metro News September 8, 2025
ILD: FG reaffirms commitment to mass literacy
Education News September 8, 2025

You Might also Like

BusinessEducationNews

TETFund commissions 1,150-Seater Lecture Hall, Allied Sciences Laboratories at UDUS

September 9, 2025
BusinessEntertainmentMetroNews

Mabaja Crooner Oluwatoyin Ojagbemi Announces Album Launch Date in November

September 8, 2025
EducationNews

ILD: FG reaffirms commitment to mass literacy

September 8, 2025
CultureMetroNewsPolitics

Gomo the lll hails Wike for performance in FCT

September 7, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d