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Professional printers declare N15billion loss to COVID-19 pandemic

OyoReporters by OyoReporters
September 2, 2020
in Business, Entrepreneurs, News
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The National President, Chartered Institute of Professional Printers of Nigeria, Mr Olugbemi Malomo, has lamented that the sector had lost N15billion to the COVID-19 pandemic, saying the Federal Government should create an enabling environment for the survival of the printing industry.
Malomo spoke during the visit by CIPPON members to Governor Seyi Makinde of Oyo State in Ibadan on Wednesday.

He said, “Federal Government should have serious rethink on globalisation. The print industry is the largest employer of labor apart from agriculture. It has employed more than 10million Nigerians in her entire value chain, talk of printing of educational materials, security printing and other items.

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“Government is the highest buyer of print through agencies. Such procurements appear lopsided currently as many who are not printers collect government’s contracts that are specific for printing and allied industry, which are majorly taken outside the country, it is disheartening.” 

Governor Seyi Makinde, who spoke through the Commissioner for Information, Culture and Tourism, Dr. Wasiu Olatubosun, urged the Federal Government to boost the economy by patronising local printers in order to cushion the effect of the COVID-19 pandemic. 

The governor, who noted that the nation had lost huge amount of money to printing of documents outside the shores of Nigeria, said the presence of CIPPON, as the regulatory body for professional printers, guarantees the integrity of local printers to print security items like ballot papers, educational materials and traveling documents. 

He said, “We all know the impact of the COVID-19 pandemic on the economy. If we are to look inward and plan towards salvaging the economy, then we have to cut our coat according to our cloth, the idea of taking government’s prints  abroad is no longer economically sensible, it is a waste of resources. 

“The Federal Government should rather engage the established body of printers which is CIPPON to engage professional printers and engage them in doing major works for agencies like UBEC, INEC, Central Bank as well as state agencies.

“I want to commend the institute for what they have done so far on professionalism, they have achieved what seemed impossible for long. Today, the integrity of professional printers is now vouched for with the established act of parliament which allowed for regulation and control.

“I wish the Institute will use the same vigor that they used in getting the parliament to pass the bill that established the Institute, do more on removing unprofessional people that are out to tarnish the image of printers.”

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Tags: chartered institute of professional printers of nigeriacipponCommissioner for InformationCOVID-19culture and tourismdr wasiu olatunbosungovernor seyi makindenational presidentolugbemi malomoprofessional printers declare n15billion loss
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