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Reps Commend Zobis Cables, Pledges Support Indigenous Mfg Coys

 

The National Assembly has said it will continue to make laws that will guarantee the protection and survival of indigenous companies in Nigeria.

 

The House Representative Committee on Nigerian Content Development and Monitoring made the commitment during an oversight visit to Zobis Ltd, an indigenous cable manufacturing company based in Anambra

 

 

Ms Boma Goodhead, Chairman of the Committee said they were satisfied with the strides recorded by Zobis Cables and reiterated that Nigeria had what it took to produce world-class industrial materials locally.

 

and to meet the technical demands of the oil and gas, energy, and construction sectors.

 

“What we have witnessed

at Zobis Cable is a strong demonstration of Nigerian ingenuity, technical excellence, and commitment to national industrial growth.

 

“As a Committee of the National Assembly, we are particularly impressed with the company’s adherence to the principles of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.

 

“We are also impressed with its deployment of modern production technologies, and its ambitious drive toward value addition and import substitution.

 

“The scale of investment here shows that indigenous manufacturers are ready to compete globally if given the right policy support, visibility, and access to the oil and gas value chain.

 

“Importantly, this aligns with the President’s renewed national drive for industrial transformation through the Presidential Directives on “Nigeria’s First Goods and Services,” he said.

 

Goodhead said President Bola Ahmed has directed that under his administration, all Ministries, Departments, and Agencies especially those in the oil and gas, power, and infrastructure sectors must prioritise patronising locally manufactured goods and services.

 

She said this was a strategic pathway to sustainable economic growth, job creation, and technological self-reliance.

 

She said the House Committee was in full support of the President’s vision and would continue to provide the legislative backing and oversight needed to ensure full implementation across Nigeria’s industrial sector.

 

She said the visit to wholly indigenous firms such as Zobis Cables was part of a broader legislative mandate to promote, monitor, and strengthen local content participation.

 

“The era of dependence on imported cables and electrical materials must give way to a new phase of Nigerian industrial self-reliance and home-grown technological advancement.

 

“The National Assembly, under the leadership of Mr Speaker, will continue to provide the necessary legislative and policy backing to enhance local production and attract further investment,” she said.

 

Mr John Ezeobi, Chief Executive Officer of Zobis Group, said local manufacturers had been trying to bring down the price of cable.

 

Ezeobi urged the government to assist to encourage local manufacturers so that they can compete favourab

ly with foreign counterparts.

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