Akwa Ibom State government advocates patronage of indigenous industries

Akwa Ibom State Commissioner for Finance, Nsikan Nkan has harped on patronage of indigenous industries to boost domestic productions that would further stimulate the growth of the local economy.

The Commissioner expressed government’s position while interacting with the Management team of Anchor Insurance Company Limited led by the Managing Director, Mayowa Adeduro who called on him at his office in Uyo.

He said to unlock the limitless economic potentials of the State; it was expedient to look inwards by placing high premium on domestic goods and services through effective patronage of local industries. This according to him would make the firms to be more viable thereby generating wealth and more job opportunities.

While assuring that as a State owned Insurance firm, government on its part would not renege in its support to make the firm improve its financial and operational efficiency, the Finance boss enjoined the Management of the Insurance firm to be dynamic in marketing products that aligns with Akwa Ibom environment to attract public buy-in.

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