Mrs Ngozi Oyewole, the Chairperson, Wood and Wood Products Sector, Manufacturers Association of Nigeria (MAN), has urged stronger engagement with government on policies to promote financial access, expansion and modernisation of the wood industry.
Oyewole made the call in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos.
She advocated the creation of a wood industry development fund that would provide grants and low interest loans for Small and Medium Enterprises SMEs to support expansion drive.
She added that Nigeria should explore trade agreements that open up international markets and drive participate in international trade fairs to showcase the country’s products and establish valuable connections.
Oyewole noted that the wood sector had enormous potential to significantly contribute to Nigeria’s Gross Domestic Product (GDP).
She said the sector currently accounted for approximately two per cent of the country’s GDP.
She, however, stated that only the combination of right strategies and inclusivity could enhance productivity and create a thriving wood industry for the country.
She affirmed that by addressing skills gaps, promoting inclusivity, and implementing the right strategies, wood contribution to industrial development and economic growth could increase.
“One major strategy to consider to drive growth in this sector is investment in technology and we must embrace modern technologies that enhance productivity.
“By collaborating with technology providers, we can access advanced machinery that streamlines production and improves quality and lower production costs,” she said.
Oyewole also emphasised the need to address skill gaps by providing tailored training programmes, particularly for women.
This, she stated, would equip them with the skills necessary for operating modern equipment and leading in the industry.
She said initiatives like the National Skills Development Programme could be tailored to include specialised training for women in the wood sector, empowering them to take on leadership roles.
“As a female leader in this sector, I understand the importance of inclusivity.
“Initiatives such as mentorship programmes for women can empower them to pursue careers in this field, take on leadership roles and bring diverse perspectives to the industry,” she added.
Oyewole also urged players in the sector to adopt sustainable forestry practices to ensure the long-term viability of resources.
This, she said, included responsible sourcing and compliance with environmental regulations.
“We must also enhance investment in research and development to drive innovations in product design and manufacturing processes.
“Collaborating with universities and research institutions can yield new materials and techniques that meet market demands.
“Strengthening associations such as the wood products manufacturers association will allow us to share best practices and resources.
“A united voice can advocate more effectively for the needs of the sector, facilitating collaboration among stakeholders,” she said.
The expert also expressed her support for the Nigeria First Policy introduced by President Bola Tinubu.
She said the policy aligned with the vision in the wood sector to harness local resources and skills to foster sustainable growth and reduce dependency on imports.
