Thursday, 28th March 2024
To guardian.ng
Search
Breaking News:

Minister pledges to implement policies, projects

By Ade Ogidan Business Editor
09 March 2016   |   1:21 am
The Federal Government has pledged to overcome implementation inertia, in respect of policies and projects, to give a new lease of life to the nation’s economy.
Enelamah

Enelamah

• Dangote vows to sustain investment drive, job creation
The Federal Government has pledged to overcome implementation inertia, in respect of policies and projects, to give a new lease of life to the nation’s economy.

Minister of Industry, Trade and Investment, Okechukwu Enelamah told the audience at a two-day Nigeria Summit, organized by UK-based The Economist, that the administration plans to give priority to key industrial sectors of the economy, as a strategic step towards creating the enabling environment for economic growth and development and thereby enhance opportunities for job creation.

Enelamah disclosed that industrialization; agricultural revolution and promotion of mining activities would be given priority under the present administration, to actualize diversification of the nation’s economy, on a sustainable basis.

“Therefore, the government has resolved to overcome implementation inertia, in respect of policies and projects. We shall, in doing this, involve private sector participation in our initiatives.”

The minister explained that the administration’s plan for infrastructure development was accorded priority in other to effectively jumpstart key sectors of the economy that have over the years, been in dire straits.

President of the Dangote Group, Alhaji Aliko Dangote, said his organization would sustain its investment drive to ensure creation of jobs and technological transfer, for economic growth of Nigeria in particular and Africa.

The Africa’s richest man expressed appreciation for government’s support for industrial and agricultural development in the country, even as he canvassed increased patronage of locally made goods.

Chief Executive Officer of Access Bank Plc, Herbert Wigwe, said that his bank has been according SMEs’ operators priority in their respective projects’ facilitation programmes and pledged the sustenance of the support scheme.

Group Chief Executive of Oando Plc, Jubril Adewale Tinubu canvassed support for government’s economic diversification programme and also stressed the need for enabling environment for private sector operators within the economy.

Managing Director and co-founder of Verod Nigeria Limited, Danladi Verheijen said the investment profile of the nation needs to be upscaled for sustainable growth and development of the nation’s economy.

0 Comments