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China supplies the world 99 per cent of what it consumes…- Mbisiogu

Christiana Okpala by Christiana Okpala
July 31, 2017
in Interviews, Top News
China supplies the world 99 per cent of what it consumes...- Mbisiogu

Festus Mbisiogu

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Mr. Festus Mbisiogu is a China-based Nigerian businessman. He is also the President of Blue Diamond Logistics China. In this interview with CHRISTIANA OKPALA , he speaks on the influx of sub-standard products in Nigeria  and the contributions of  Diaspora Nigerians in nation’s building and urges government to support local manufacturers.

Nigerians  believed that  most of the substandard products  in the country  came  from Asia particularly China, what  is your take on that and in what ways do you think government  can  checkmate  the influx of counterfeit  products in the country?

I must commend the  past   and present leadership of Standards Organisation of Nigeria (SON), I think they are doing a good job, last time  the immediate past   Director  General  of  SON , Dr. Joseph Odumodu, visited China,  he  told   those of us over there  that the purpose of his visit was to ensure that  quality products are been exported  into the country from China. In China, some of their billboards,  read:  “China feed the world”  another one you will see on it, “China create for the world”. When you want to make  an order from China, they will ask you where are you coming  from, if you said that you  are  from America, they will give you American standard, if you  tell them  that  you  are coming  from Europe, they will give you  European  standard,   but if  you  say you  are   from Africa, they will  lower    the quality, believing that Africans  are poor and  do not have enough fund to purchase good quality products.

But, with this sensitization of the SON on importers now, l think that the feelings of   Chinese manufacturing companies that Africans are poor and therefore cannot afford standard products are changing and they are now supplying good quality products to Nigerians.

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Apart from  what SON is doing, the National Agency for Food  Drug  Administration and Control (NAFDAC)  is also making sure that Chinese manufacturing companies supply only standard products  to Nigerians because  recently l saw some of their officials in China and when l asked them their mission,    they  said  that  they  are taking the war  against counterfeit  products  to Chinese manufacturing companies so that they will stop  exporting substandard  products to  Nigeria.

The fact is that 99 percent of what the world consumes globally is from China. In terms of quality, China is number one.

There is speculation that most of the importers specifically ask  manufacturing companies  abroad  to   lower the quality of the products they are importing into the county to maximize  profit, how truth is  that?

I do not think that is true because   no importer that wants to continue in business will want to be associated with fake brands. As soon as people discover that you are into importation of counterfeit products, they will stop buying from you.  The fact  is that importers from Nigeria will order products based on good quality, the manufacturers    over  there  will  want to give  them  a lesser quality because you mention Africa, so they feel that if they give you  quality products  you will not be able to pay,  they  assume that Africa is a place dominated by poverty, so for that reason you make an order and leave, they will supply you substandard products, this has been the  problem we importers   face continuously .

How would you describe the activities of   Small Scale industry in Nigeria?

 We still have big challenge in Nigeria  that is discouraging small scale  industry and that has resulted in many Nigerians fleeing  to  abroad to  live because we do not have that conducive environment, for instance, the issue of steady power supply. In China, they have 24  hours steady power supply, that is a good environment. In China, once you indicate interest for manufacturing, the accessibility to that land will be given to you by the government.

There is motivation in terms of interest,  for instance,  when you  export goods worth of  hundred thousand naira, 10 percent interest will be given to  you, but it is not like that in Nigeria.

In China, three out of ten families are into production,making China the highest producing nation in the world and the highest exporter in the world followed by the United States, but in Nigeria most of the profits being made by these small scale industries go into the fueling   and maintenance of generators.

There is  need  for  this administration to ensure regular  power supply, l have been campaigning  for this   for a long time now because l know that with  regular power supply in the country, the  Small Scale  industries  will perform very  well  and you will see that  Nigerians abroad will  come  back home to invest  massively.

 How would you rate the contribution of Diaspora Nigerians towards the nation’s economy?

l want  to start from China where l reside, most of my days, l spent it in China, we have contributed a lot. Some years ago,  when our former President, Goodluck Jonathan visited China before then l had taken a bold step by sourcing for potential investors from China. In China there is this group called African/ China Investment Forum, the objective of this forum is to source for potential investors in China that are willing to invest in Africa and through this forum a  whole lot of Chinese captains of industry have  declared  interest to   invest  in  some  African countries having little knowledge of Nigeria. What l did was to visit this group in  Beijing   and  persuade them to  invest  in Nigerian being the   largest economy in Africa and  they  also  believe  in the population, the opportunities abound in Nigeria and they listened to me. Last five years, l was able to  bring  about 21 investors that came and we visited  some states and  some  of these investors are interested  in  stabilizing  electricity in Nigeria, which is the biggest challenge we have. We have investors who are willing to invest in  Agriculture.  As  of today,  five  out of the  21 investors  have started work  in Nigeria,  these are the areas  Diaspora  Nigerians are contributing towards the economy development of the nation. Probably those in the United States are doing something else, but l am sure of what we are doing in China because China being the largest economy in the world, the largest exporter in the world, a whole lot of  good things  come from China. It is good we partner with them.  

Tags: 99ChinaconsumesINTERVIEWMbisiogunewsper centsuppliestheWhatWorld
Christiana Okpala

Christiana Okpala

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