PaintsThe Managing Director of Intercontinental Paints Ltd., Mr Aigbe Omoregie, on Friday advised the Federal Government to ban importation of paints as part of initiatives to build a virile economy.
Omoregie gave the advice in an interview with the News Agency of Nigeria (NAN) in Lagos.
He said that it was improper for the country to be importing paints when the production capacity of local manufacturers had improved.
Omoregie said that Nigeria’s market was saturated with locally produced paints, thereby making importation of the product unnecessary.
According to him, development of the local market is important for sustainable economic growth.
“There is an increase in construction of buildings for private and commercial purposes virtually everywhere in the country, but it is sad to see some of them using imported paints.
“I travel yearly to participate in the Paint Manufacturers Conference in U.S., Europe and Asia; I see what they are doing; it is not different from ours except in packaging and regulation of quality.
Manufacturer seeks ban on paint importation
