Skip to main content

Buhari will surprise Nigerians in 2017 – Trade Minister


The Minister of Industry, Trade and Investment, Dr. Okechukwu Enalamah, yesterday, said the results of the efforts by the President Muhammadu Buhari-led administration will surprise Nigerians in 2017.



The minister, who was in Abeokuta, Ogun State capital spoke with newsmen at the 8th Session of the National Council on Industry, Trade and Investment.
Enalamah said the Federal government is strifing to end the current economic recession.
He said:”You will start seeing result at the end of this year and early next year. As far as I am concerned, next year is a year of results. All the work we are doing will start yielding results from this quarter.
“The level of delivery in 2017 will suprise everybody. People may be saying we are not doing anything but it is impossible for a man to start broadcasting a plan we haven’t really put together well.”
The Minister however, stated that the strategic focus of the ministry’s master plan for Diversification and Growth of the Nigerian Economy is: “Partnering with Private and Development Capital to Leverage and Catalyze Resources for diversification and growth.”
According to the Minister, ”The challenge in every economy is that of infinite demands and finite resources. With limited resources therefore, the Diversification and Growth plan, otherwise known as the MITI Plan is based on a partnership with the private sector.”
He emphasized that based on resource constraints and low price of commodities, including oil, it is an urgent necessity to partner with the private sector so as to leverage and catalyse resources and development capital.
According to him, President Muhammadu Buhari has approved the establishment of the Presidential Council on Ease-of Doing Business (PEBES). We, as Nigerians, must see the connection. The global perception is that this country is a tough environment in which to do business. We must change this negative perception. Positive perceptions will attract investors, capital, technology and best practices.
Enelamah explained that already, we are seeing results of these efforts at the Corporate Affairs Commission (CAC), a parastatal under the Ministry, with the 24-hour online registration of businesses.

Culled from vanguard

Comments

Post a Comment

Popular posts from this blog

Ramadan starts today

About 1.6 billion Muslims across the world will observe a month of fasting and prayers to commemorate the time when the Quran was revealed to Prophet Mohammed on the night of "Laylat Al Qadr". Muslims starts their fast today, and will not eat or drink from dawn to dusk. People wish each other with greetings such as 'Ramadan Mubarak' or 'Ramadan Kareem'. Ramadan begins on Today as the crescent moon, also known as hilal , was not sighted on Tuesday. Fasting during Ramadan is considered to be one of the Five Pillars of Islam.
Post a Comment
Read more

My Strong will for excellence and family support made me achieve Academic Excellence - Dr Olawunmi Ogunmola

 I am starting a series, and this series is me interviewing some people doing great in key areas, I decided to kick start the episode with someone I share a history with because I saw firsthand how she excelled while we were in secondary school, the reason why I am doing this is simple, to help people trace certain things backward and to help them see how some things are predictive. Wunmi and I went to the same secondary school and I can tell you without a doubt, she was very studious, she was a bookworm,, but II also know many bookworms that were not geniuses, so I decided to ask her how she did it. some people say, Hard work ,  Luck, Heredity , and Prayers, I say, let's hear from the horse's mouth. She was the best-graduating Chemical Engineering student in the year 2008/2009 from Obafemi Awolowo University with a CGPA of 4.88 Check out our Conversation Below   Me; Hi Olawunmi, long time, how have you been? Dr. Olawunmi: I am doing great, indeed, it's been a long...
8 comments
Read more

Ice-T and Coco take you on a tour of their cool condo

both love their condo in Edge water, New Jersey, but have very different favorite spaces. “My favorite room of the house is the laundry room,” Austin, tells PEOPLE as she, along with her husband, gave PEOPLE  an exclusive tour of their home. “We have our own huge, red washer and dryer and when he’s downstairs playing an Xbox, usually you’ll find me doing the laundry.”
Post a Comment
Read more