This presentation discusses goods, services, Nigerian-made goods and foreign goods.

2. STUDY MATERIALS
• Writing journal
• Eraser
• Pen
• Pencil
• Ruler
• Sharpener

3. LESSON OBJECTIVES
At the end of the lesson, the students should be able to;
1. Define goods and services.
2. Give examples of goods and services.
3. Explain foreign and Nigerian made goods.
4. Discuss reasons why Nigerian goods and services should be valued.

4. GOODS AND SERVICES
GOODS: Goods are products that are bought and sold. Goods can be touched
and felt. Those who produce goods are known as producers or manufacturers.
They make things out of raw materials. For example, cloth is made out of cotton
by textile manufacturers.

5. GOODS AND SERVICES
SERVICES: Services are jobs rendered by one person or one organisation to
another, for the satisfaction of human needs.

6. FOREIGN AND NIGERIAN MADE GOODS
GOODS PRODUCED IN NIGERIA
• Bags
• Plastics products
• Paints
• Drugs
• Aluminium products
• Textile fabrics
• Pieces of furniture
• Motor vehicles

7. GOODS PRODUCED BY OTHER COUNTRIES
• Motor vehicles
• Computers
• Radio
• Televisions
• Air conditioners
• Electric gas cookers

8. REASONS WHY NIGERIAN GOODS AND SERVICES SHOULD BE VALUED
• It will boost the economy of Nigeria.
• Wealth will be generated.
• People will invest more in the economy.
• Jobs will be created and unemployment issues will be solved.
• It will help promote and boost Nigeria’s image in foreign countries.
• It will help the entrepreneurs in Nigerian to improve the quality and standard
of goods they produce.

9. SUMMARY QUESTIONS
1. What are goods and services?
2. What services have been rendered to you?
3. Is there a need to value Nigerian-made goods?