The members of the Nigeria (MAN) manufacturers association have lamented the huge losses that are currently registered due to the shortage and volatility of change rates.
Speaking during a visit by the Senior 47 (2025) officers from the Armed Forces Command and the College of People, Jaji, directed by Colonel Usman Hashim Mohammed, to the corporate headquarters of Kam Kam that has limited in Ilorin, the president and the managing director of the company (GMD) of the company, Dr. Kamoru Yusuf, they told the manufacturers that they did not the manufacturers that had been sent to the materials of the materials of the first subjects that had already been imported. Exchange rates were much lower.
Dr. Yusuf, who also serves as President of the Sector Group of Basic Metals of Metals, Iron and Steel and is a member of the Man National Council, however, praised the current federal government for initiating policies aimed at the stabilization of the Naira, curling inflation and addressing currency speculations: the currency skills they pointed out had made a difficult stable exchange rate.
Represented by the company's vice president, Dr. (Mrs.) Iyadunni Yusuf, expressed his optimism that with continuous government support for the steel manufacturing sector, both industry and the nation would benefit immensely.
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“We hope that your tour of our facilities will expose it even more to the numerous processes involved in the manufacture of iron and steel products, and strengthen your confidence in our contributions to the construction of the nation,” he said.
When commenting on the issue of the visit, 'taking advantage of the basic intelligence for greater internal security,' emphasized that local intelligence is vital to identify the early alert signals of threats, while collaboration with local communities encourages confidence between citizens and security agencies.
Dr. Yusuf also highlighted the company's role in reducing unemployment, noting that employment creation contributes directly to national security.
“In fact, we know that once people are used paidly, the crime rate will decrease, thus improving national security. If more entrepreneurs invest a lot in manufacturing, as our founder and GMD have done, unemployment will be drastically reduced. This will also increase our GDP, an indicator of socio -economic development, and finally improve national security,” he added. I have added.
He urged the government to continue supporting manufacturing investments as a means to generate employment and strengthen internal security.
The participants of the upper course 47 include superior military officers of several branches of the Nigerian armed forces and allied nations.
In his comments, the team team, Colonel Usman Mohammed, explained that the purpose of his visit to the state of Kwara was promoted by evolutionary security challenges in the country, which had led the university to review its curriculum to include visits to the selected states.
“Initially, the issue of the program focused on empowerment and youth employment, but due to predominant security problems, it was reviewed to focus on 'taking advantage of the basic intelligence for greater internal security,” he said.
Colonel Mohammed praised Kam Holding Limited for his important security contributions through job creation, noting that his impact extended beyond direct employees to the community in general.
“It is also commendable that many of the workers are women, who are often among the most vulnerable of our society. Whether or not, this is helping to address security concerns in the state,” he said.
He urged the company's management to take advantage of its internal network to improve intelligence collection between staff and share relevant information with security agencies to support government security efforts.
While expressing his appreciation for the warm reception, Colonel Mohammed added: “I never knew that we had something like this in Nigeria, much less in the state of Kwara.”
Nigerian tribe