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Manufacturing

National Production/Manufacturing

The Party shall link its poverty reduction and employment generation strategies to the revival of the national productive base.
Promote an industrial culture whereby large scale depend on medium and small scale industries for their parts and components
Promote joint research among research institutions, private companies and universities on technological requirement of targeted manufacturing industries.
Strengthen Bank of industry (BOT) for large enterprises and Micro Credit Schemes (for Small and Medium enterprises) to be able to assist in meeting at least 50% of the financial requirements of targeted manufacturing projects.
Establish a comprehensive set of fiscal incentives to encourage the development of our high potential industries e.g. rubber, palm oil, solid minerals, petrochemicals, cotton/textiles, leather products, gas, plastics and sugar. The incentives should be for
Participating in primary extraction in the manufacturing industry research
Participating in manufacturing in the specified industry
Develop and acquire technological processes for the. production of higher value products targeted at domestic and export markets.
Encourage research into and exploit Nigerian plants for drug manufacture. promote the local fabrication of equipment for drug production
Other Issues