Abuja, May 6, 2025 – Sen Ali Ndume, a lawmaker representing Borno South, has commended President Bola Tinubu for placing a ban on importation of some foreign goods.
Ndume made the commendation in a statement in Abuja on Tuesday,
He described the ban as a bold measure to boost indigenous businesses, the local economy and employment generation.
“It is heartwarming to hear that President Tinubu has taken this bold decision to ban imported goods that can be produced locally.
“This will be a major boost for indigenous businesses amid the slipping Nigerian economy.
“If implemented faithfully, it will shield our local producers striving to find their feet from being choked out of existence by established foreign investors who flood our market, unhindered, with goods that are cheaper and even substandard.
“With protection of local industries, there will be employment for our employable youths, the measure will also boost our Gross Domestic Product and the value of Naira will appreciate as there will be less strain on our foreign reserves, since the demand for foreign exchange by importers of such foreign goods would drastically reduce, he said.
Ndume advised the federal government to take further step by imposing heavy taxes on some of the foreign goods to discourage their sale in Nigeria.
