Business

SON to encourage huge investment in cylinder manufacturing

The Standards Organization (SON) is to use standardization and quality assurance instruments to stimulate multi-billion dollar investments in manufacturing. This will especially be brought to bear in  liquefied petroleum gas (LPG) manufacturing with its huge economic and job creation potentials.

Mr. Osita Aboloma, Director General, SON, who made the disclosure in Lagos recently, stated that standardization is one of the best ways of attracting foreign direct investment into the country  by providing confidence and competitive edge to manufacturers’ products, quality assurances to consumers, and meeting regulatory requirements seamlessly.

He noted that the pursuit of this objective informed his recent visits to some firms and organizations to preach the gospel of standardization and how it could help to improve their operations for greater competitiveness through strict adherence to standards requirements.

According to him, SON’s stringent procedure for the importation of LPG cylinders has resulted in increased local production. The certification of the locally produced cylinders through the mandatory conformity assessment scheme would provide the necessary assurances to consumers, thus encouraging greater patronage. “There is stiff monitoring and regulation of cylinders to ensure safety and that consumers have value for their money.”

The Director-General stated that the increased patronage would lead to improved capacity utilization, and create more job opportunities in line with the diversification agenda of the Federal Government.

He said the LPG cylinder sector has huge potentials for job creation because of the production and ancillary chains, adding that it would also create easy access to cylinders, which would add greater value to the economy and promote a cleaner environment.

He disclosed that SON would call a stakeholders’ meeting with existing manufacturers, importers and prospective ones soon to ensure that the structure and production processes are put on the path of continual improvement through the diligent application of standards.

Aboloma reiterated SON’s plans to replicate the initiative in other sectors to encourage more foreign direct investment as, according to him, domestic production would help the current administration’s change mantra, especially in achieving economic diversification from oil into agriculture and manufacturing, thus adding greater value to the lives of Nigerians.

According to the SON boss, the government was happy with companies having thousands of Nigerians in their employment lists, and would support such companies to do their legitimate businesses without stress.

He was categorical that part of his agenda is to ensure proper monitoring and mentoring of the various sectors through regular inspection visits and suggestion of more effective and efficient ways of contributing to the economic development of the country through proper application of standards.

The SON boss reiterated his Management’s resolve to strengthen the operations of small and medium enterprises, saying with the application of the right standards, products of Nigerian SMEs would become more competitive locally and across borders.

Related Posts

Leave a Reply