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Stakeholders Urged To Redouble Efforts In Turning Industry, Trade, Investment Sector To Engine Of Economic Growth

by Nigeria Today
November 7, 2022
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Stakeholders in the Industry, Trade and Investment sector have been called to redouble their efforts towards turning the industry, trade and investment sectors into the main engine of growth of the national economy for the common prosperity of all Nigerians.

Speaking at the 14th National Council on Industry and Investment which held at the Command Guest House in Bauchi, the Permanent Secretary in the Federal Ministry of Industry, Trade and Investment, Dr Evelyn Ngige said that major economies, particularly in the developed world are driven by the industry, trade and investment sectors which Nigeria is part of.

“We must therefore redouble our efforts towards turning our industry, trade and investment sectors into the main engine of growth of the national economy for the common prosperity of all Nigerians”.

“The first step towards this end, is to recommit ourselves to delivering on all decisions and resolutions reached during this Council Meeting for the development of this all-important sector, which has the potential to deliver the greatest good to the national economy and all Nigerians”.

“As of this morning, the Council Secretariat has received well over 70 Memoranda from various Ministries, Departments and Agencies for deliberations and consideration”.

“I want to therefore urge us to thoroughly examine these Memoranda with a view to making appropriate recommendations that will further strengthen the sector to deliver economic growth and development through industrialization and increase investment in the local economy for employment generation and wealth creation”

“As you are aware, the National Council on Industry, Trade and Investment is the highest Policy Advisory Body in the sector, under the Chairmanship of the Honourable Minister of Industry, Trade and Investment.The main purpose of the Council meeting is to brainstorm, strategize, deliberate and recommend policies and programmes aimed at addressing challenges facing the sector” The Permanent Secretary said

Tags: Investment SectorTradeTurning Industry

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