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We don’t have any organize market in Nigeria – Tawadrous

Despite having the largest economy in Africa and producing a large proportion of goods and services across the region, a fresh indication has emerged that Nigeria is yet to have any single organize market for furniture materials in the country.


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According to the Managing Director, Vava Furnitures, Mr. Micheal Tawadrous, “As a major player in the industry, Nigeria as a country still have a long way to go. Nigeria is yet to get a single organised market for furniture materials in the country.

“There is no organised market that sells raw materials. If I want to produce here in Nigeria, to buy common screw you will have to enter several markets, yet you will not get it.

“You cannot see all you need for your production, which is a daily challenge. Every material we have in this factory, we have sent a pre-order request for us to avoid the stress, sometimes importation delays.”

He stated that “I have been to countries where you see about 10 blocks of building with several plazas that contain maybe 5,000 shops all they sell is a screw.

“When you get there you get everything that has to do with screws ranging from the machine that produces the screw to the finished product.

“Even fabric market you will get everything in just a block containing about 10, 000 shops. There is no way you will not get your order.”

Tawadrous, who is also the Icafe Ambassador to Nigeria, commended the effort of the present administration for sterilizing the system.

He said: “I must also appreciate the effort by this administration to divert from mono-economy to invest in other sectors such as manufacturing.

“Yes Nigeria economy is a very large market that can accommodate any genuine investors, and there is also a great resource to complement the market, but rash investors should prepare because the market is becoming very so sophisticated to the extent that only professional can survive.”

 


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