The Minister made this known when he gave a keynote address in Abuja at the National Conference For the Industrialization of Rubber Sector.
In his keynote address titled; ”Raw Materials Development; The Economic Imperative of Rubber Value Chain Development in Nigeria,” Abdullahi said the need to divert the economy from over dependency on petroleum.
“A lot of efforts, have been made by the Nigerian government over the past decades to revamp the production of natural rubber and the sector at large.
The Minister further said that more needs to be done to ensure sustainable development and industrialization of the sector, such as the need for collaboration between government and the organized private sector to develop the industry by setting up small to medium scale factories that will produce rubber into value added products in Nigeria.
He therefore called on Rubber exporting countries like Nigeria to factor in the execution of aggressive programs which combine production levels and required technology input for the sustainable development and industrialization of the sector.
Nigeria set to revamp Rubber industry