 Now, with no functional people mill in Nigeria, Ugunstate government and the Lagos Chamber of Commerce and Industry are close to concluding plans to work at Mundatas to establish a paper mill. This is in order to boost paper production for legal consumption and exportation. The synergy will be based on equity participation arrangement in which Ugunstate is expected to allocate 20 hectares of land as its contribution to the investment. Mewa, the chairperson of LCCI's printing, publishing, and allied group Lioqiu women seemed that the demand for paper and printing had been predicted to increase tremendously. He called on stakeholders to respond actively to the anticipated demand. As we all know, the potentials of the Nigerian paper and port printing, publishing, and packaging sector in Nigeria has been significantly underutilized and this has had an aggressive impact on economic growth and development in the country. The challenges between this sector, among others, include issues with infrastructure, heavy reliance on importation of raw materials and various inputs required, and we know that this means that a significant percentage of the production cost is still exposed and vulnerable to foreign currency exchange rate fluctuations. While demand for paper and paper products related in Nigeria has grown widely and has been born to more than 3 million metric tons annually, its total capacity is at 200 million tons, thereby making importation of raw material a finished product in a vegetable. Currently, Nigeria currently demands for paper is being imported with scarce foreign exchange due to inadequate capacity, weak production, based on lack of investment.