FEDERAL GOVERNMENT COMMITS TO STRENGTHENING INDUSTRY, TRADE, AND INVESTMENT SECTOR FOR ECONOMIC GROWTH

The Federal Government of Nigeria has reaffirmed its dedication to bolstering the industry, trade, and investment sector as a means to address economic challenges in the country.

The Federal Government has expressed its commitment to strengthening the industry, trade, and investment sector in order to address economic challenges in the country. Dr. Doris Uzoka-Anite, the Minister of Industry, Trade, and Investment, made this statement during the inauguration of the 15th National Council on Industry, Trade, and Investment meeting in Katsina. The theme of this year's meeting is "Digitisation of Industry, Trade, and Investment sector for National Development."

 

Dr. Uzoka-Anite emphasized that no country can achieve true and sustainable economic growth without developing its industry, trade, and investment sector. Represented by Dr. Evelin Ngige, the Permanent Secretary in the ministry, she stated that the meeting would provide a platform for stakeholders to discuss key issues in the sector and devise strategies to strengthen its performance. This, in turn, would contribute to employment generation, wealth creation, economic growth, and prosperity.

 

The Minister urged everyone to work together to address the current economic challenges and emphasized that the revitalization of the sector is crucial for overcoming the country's economic crisis. She highlighted the relevance of this year's theme, especially in light of the "Renewed Hope Agenda" of President Bola Tinubu's administration, which aims to harness the potential of the industry, trade, and investment sector for the growth of the national economy and the creation of jobs for Nigerian youths.

 

Dr. Uzoka-Anite stated that the present administration's goal is to revamp the economy through well-thought-out strategies, intervention policies, and programs that support the growth and development of the sector. She also mentioned that the forum aims to collaborate and partner with businesses, research institutions, and foreign investors to promote innovation in the country and create a supportive policy environment for digitization and innovation.

 

Governor Dikko Radda of Katsina State emphasized that improved industry, trade, and investment are crucial for national development. He urged the National Council on Industry, Trade, and Investment to remain a key driver of the country's success. The governor highlighted his administration's efforts in creating a conducive environment for Small and Medium Enterprises (SMEs) development, including the establishment of the Katsina State Enterprises Development Agency and the launch of an "ease of doing business committee" to support businesses.


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