Mr Tunde Olatunji, an individual from the Osun House of Assembly, has approached the Federal Government to start strategies that would advance privately created merchandise in the nation.
Olatunji, who is the House Committee Chairman on Commerce, Cooperatives and Youth Empowerment, decided in a meeting with the News Agency of Nigeria on Monday in Osogbo.
As per him, it is just a huge interest in the creation of made-in-Nigeria merchandise that can develop the nation's economy and bring it out of retreat.
He said with the fall in unrefined petroleum costs, there was requirement for the administration to broaden the economy through the advancement of privately created things.
"Our remote store starting today is under $300 billion to a populace of more than 170 million.
"We have to put hugely in privately delivered merchandise, particularly in the territory of agribusiness for us as a country to turn out from this retreat," he said.
The official included that advancing privately delivered merchandise would likewise help the legislature and the private part in making employments for young people in the nation.
He, notwithstanding, said that it was unfortunate that however the nation was honored with inexhaustible common assets, it was poor as a result of its over dependence on raw petroleum and outside products.
"As a country, we need to eliminate our preference for remote products in light of the fact that any country that relies on upon outside merchandise instead of creating its own particular can't advance,'' he said.
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