Prof. Nnanyelugo Martin Ike-Muonso

The Council’s mandate to review from time-to-time raw materials availability with a view to advising the Federal Government on the strategic implication of exploitation, conservation, depletion or stockpiling of resources requires optimal development and utilization of the raw materials endowment in the country. There is therefore the need to manage the nation’s strategic raw materials in a sustainable manner as the continuous importation of large volumes of these raw materials hinders industrial growth and economic development.

The Raw Materials Advisory Brief (RMAB) was conceptualised to address specific knowledge and information gaps on raw materials sourcing, development and utilisation in Nigeria, with the major objective to strengthen national capacity for evidence- based policy decisions.

The textile market in Nigeria is a diverse and dynamic sector that has evolved over the years, influenced by factors such as consumer preferences, economic conditions, and global trade dynamics.

The pharmaceutical manufacturing industries in Nigeria are currently able to meet 25 percent of local demand, which comprises of various products such as: liquid preparation, tablets, capsules, ointments, lotions, creams and ophthalmic preparations, while the remaining 75 percent of domestic demand is augmented by import.