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Okeowo Calls for Revival of Local Paper Mills

Digivation Network can report that stakeholders have been challenged on the establishment of paper mills in the country in order to meet the growing demand for quality papers in the economy, and curb the economic losses the nation is incurring by patronizing foreign printers.

The Chairman Printing, Publishing, and Branding Group of the Lagos Chamber of Commerce and Industry (LCCI), Princess Layo Okeowo gave the charge on the occasion of her inauguration into office.

The Chairman added that issues ranging from exchange rate, government policy on printing, moribund paper mills, and more, continue to bog down the industry.

“Local printers have to depend on importation of papers because there is presently  no paper mill in the country that can produce the required quality. The Oko Iboku Newsprint Manufacturing Company has been shutdown for a long time while the Jebbba Paper Mill that should be producing Kraft paper is currently into paper recycling of Kraft Liner Board which cannot be used by printers and publishers.”, she lamented.

Princess Okeowo who is the founder of  one of Africa’s largest envelope manufacturing company, FAE Limited, also made a commitment to reposition the printing, publishing, and allied industry to add immense value to the economy by engaging government and other stakeholders on major issues.

“My priority leading this group (LCCI Printing, Publishing and Allied) is to give operators in the sector a viable platform to engage the government on key policies affecting them and exchange ideas on the growth and development of the sector”, she asserted.

It would interest you to know that over one trillion naira is taken out of Nigeria to develop the paper, print, and graphics industry of other nations to the detriment of local industries in terms of jobs, and to the nation in terms of revenue.