Rubber Industry: RMRDC Push for Export Ban on Raw Materials
RMRDC Seeks Legislative Support to Boost Local Processing and Job Creation in Nigeria's Rubber Sector

The Raw Materials Research and Development Council (RMRDC) has called on stakeholders in the rubber industry to support its quest for a review of the Act establishing the council.
RMRDC’s Director-General, Prof. Nnayelugo Ike-Muonso, said this at a one-day Investment Forum on the Development and Rehabilitation of the Rubber Value Chain, in Owerri, on Monday.
Ike-Muonso, was represented by Mrs. Chima Obi, the Director, State Industrial Extension Services Department of the RMRDC Headquarters, Abuja.
He said that the Council was pursuing a bill to amend the Raw Materials Research and Development Council (RMRDC) Act 2022 to inhibit the exportation of raw materials in their virgin form in Nigeria.
The DG said that overwhelming support was given to the Bill by stakeholders in Abuja on March 5, 2024, during a public hearing organised by the Senate Committee on Science and Technology.
He added that the consideration and passage of the bill would stop the exportation of wealth and jobs to foreign countries by Nigeria through the processing of raw materials before their exportation.