• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Why Nigeria Is Taking Pencil Production Seriously

Nairametrics by Nairametrics
January 31, 2016
in Business News
Share on FacebookShare on TwitterShare on Linkedin
Pencil Production Factory Source: NY Times
Pencil Production Factory
Source: NY Times

The Minister for Science and Technology Dr Ogbonnaya Onu was recently interviewed by Daily Trust following his visit to China and Indonesia. In a very interesting interview they asked him what Nigeria stood to gain from the visit, the current Government’s import substitution plans and the quest to start pencil production in Nigeria. We tool particular interest in what he had to say about Pencil production in Nigeria considering the response it had on social media. Here are the questions and how he responded.

 

You spoke about Nigeria producing pencils. Why pencil and when will the production begin?
Yes, I have heard questions on why pencils. We chose pencils to symbolize the problems that we have and our commitment to local production. To produce pencils, we need wood, graphite, rubber for the eraser and possibly, we will need aluminium to hold the rubber in place. Then, we may need paint to give it colour. But even if we don’t add paint or rubber, already we have a pencil and it will write.
Now, we have all the things to produce a pencil, which is used by a large number of people from our young pupils to engineers, and it looks simple to produce, yet we have not been able to produce it. That is why we talked about producing pencils. We have asked PRODA (the Projects Development Agency) to ensure Nigeria starts producing pencils in two years. It is actually not PRODA’s mandate to produce the pencils. No. PRODA is just to do the holistic research on pencil production in Nigeria. Somebody can start producing pencils here and will still be importing the wood, the graphite, the rubber, bringing in everything. No, that is not what we want. We want PRODA to do research to make the production process totally local. We have to treat the graphite to conform to the required standard for good quality production. We also have to work on the type, quality and shape of the wood to be used. The local content will also be total. This is PRODA’s assignment.
When PRODA is through with its job, it is the private sector that will come in to do the production and we will see the benefits. When production of pencils begins, Nigerians will be amazed at the multiplier effects. It will create a minimum of 400,00 jobs. There will be the small-scale entrepreneurs that will do the beneficiation of the graphite, that is, prepare it for pencil production; there will be small-scale entrepreneurs that will prepare the rubber to be used as an eraser for pencils; and there will also be small-scale entrepreneurs that will also prepare the wood for the appropriate use. Can we imagine creating jobs for 100,000 people. The results will be amazing!

RelatedStories

Guide to obtaining planning permit for commercial building in Lagos

Lagos luxury neighbourhoods match global prices, lack services – Report 

July 5, 2025
CBN, forex

CBN Recapitalization: BDC operators eye acquisitions, takeovers to meet N2 billion requirement 

July 5, 2025

Has Nigeria any pencil-producing factory?
No. PRODA has confirmed that there is not a single pencil-producing factory in Nigeria and even in West Africa. This is why we are worried. We know this is a technology we can easily handle. Beyond that, the number of jobs we will create in starting pencil production is very encouraging. It will also be good for the image of the nation.

Can this pencil-production idea make any meaningful impact on the economy in the three to four years?
Why not? It will certainly do. The wide aim of the ministry is to commercialise ideas, research findings, etc that we have developed to principal levels. And there are so many of them. We are working with the organized private sector. The National Association of Small-Scale Industrialists and the Nigerian Economic Summit Group had visited us here; they had never done that until now. We are making them understand we have taken a big risk off them by doing research and development and clearing the pitfalls, so theirs is to come in and invest
The FIIRO (Federal Institute of Industrial Research) alone has developed more than 250 research studies up to the point of commercialization. And in incubation, we have an agency in charge that has done up to 1000 products. I have many of the products myself, and these are things we use on daily basis. Our major task now is to get these products into the market, but if they are not commercialised, and maintained, how can people know they exist? We can then start creating jobs. Government will also start earning revenues from the taxes these producers will pay to government to do many things.

 

Get the full interview from Daily Trust

Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

Guide to obtaining planning permit for commercial building in Lagos
Real Estate and Construction

Lagos luxury neighbourhoods match global prices, lack services – Report 

July 5, 2025
CBN, forex
Financial Services

CBN Recapitalization: BDC operators eye acquisitions, takeovers to meet N2 billion requirement 

July 5, 2025
Naira , dollar, exchange rate
Currencies

Naira set to break below N1,500/$ resistance 

July 5, 2025
FG approves N17 billion for repair of fire-damaged Iddo Bridge after cost review 
Real Estate and Construction

FG approves N17 billion for repair of fire-damaged Iddo Bridge after cost review 

July 5, 2025
GTCO Plc
Companies

GTCO Plc becomes the 1st financial services institution in West Africa to achieve listing and trading of its ordinary shares on the London Stock Exchange 

July 5, 2025
H2 2025: Oil Deals, Dangote Power Moves, and Gen Z Ambition – Drinks & Mics Ft. Rolake Akinkugbe-Filani
Digital Media

H2 2025: Oil Deals, Dangote Power Moves, and Gen Z Ambition – Drinks & Mics Ft. Rolake Akinkugbe-Filani

July 5, 2025
Next Post
Buhari Says Corrupt Acts Will Always Be Punished, There Will Be No Friend, No Foe

This Is Buhari's Main Headache In Fighting Corruption

Comments 1

  1. Christopher says:
    January 31, 2016 at 7:11 pm

    2 years is kind of far oo… Let’s see how it goes sha

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Lagos luxury neighbourhoods match global prices, lack services – Report 
  • CBN Recapitalization: BDC operators eye acquisitions, takeovers to meet N2 billion requirement 
  • Naira set to break below N1,500/$ resistance 

Follow us on social media:

Recent News

Guide to obtaining planning permit for commercial building in Lagos

Lagos luxury neighbourhoods match global prices, lack services – Report 

July 5, 2025
CBN, forex

CBN Recapitalization: BDC operators eye acquisitions, takeovers to meet N2 billion requirement 

July 5, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics