Economy
THE Commerce and Industry Correspondents Association of Nigeria (CICAN), has tasked agencies and stakeholders in non-oil sector on initiatives targeted at increasing their contributions to Nigeria’s economic growth.
The Chairman of CICAN, Mr Ifeanyi Onuba made the call in a news conference on Monday in Abuja ahead of the association’s stakeholders’ conference.
The News Agency of Nigeria (NAN) reports that the CICAN stakeholders’ conference scheduled for Wednesday in Abuja has as its theme, “The Role of Non-oil Sector Toward Economic Diversification, Gross Domestic Growth (GDP) Growth”.
According to Onuba, there has never been a time like today when the country needs local and foreign investments to reduce undue pressure on the nation’s foreign reserve.
He pledged that CICAN would give necessary support to agencies willing to create policies and initiatives aimed at attracting investors or expanding the export of Nigeria’s products.
Onuba emphasised the need for players in the non-oil sector to target the untapped global market while taking advantage of the African Continental Free Trade Agreement (AfCFTA) which Nigeria is a signatory to.
The conference is expected to feature presentations on the sub-theme ‘Export for Survival: Exploring Nigeria’s New Gateway to Generating FDIs, Economic Growth’’ from the Nigeria Export Promotion Council (NEPC).
The Standard Organisation of Nigeria (SON) will speak on ‘The Role of Standardisation in Building a Resilient Non-oil Sector. (NAN)
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Tags: AfCFTA CICAN Mr Ifeanyi Onuba
