Tinubu’s govt. committed to boosting businesses-minister 

Fri, Mar 29, 2024
By editor
2 MIN READ

Economy

THE Minister of Industry , Trade and Investment, Dr Doris Anite reiterates commitment of President Bola Tinubu’s led administration to boost businesses in the country.

Anite said this in a meeting with the Charge d’Affaires of the U. S. Embassy Mr David Greenie with his team on Thursday in Abuja.

“As you know, the current administration is business-focused and is very big on making sure that we preserve and protect our democracy.

“We try to preserve and protect our free market system, support growth and industrialisation, and support economic development through trade investment, whether its local investment or Foreign Direct Investment (FDI) .

“The Federal Government is doing all it can to make sure that all the different sectors of the economy is stimulated and catalysed to achieve the mission,” she said.

Anite said the economy was very big and broad, thus, the need for collaborative effort to cordinate its affairs.

According to the minister, one of the big achievements recorded by the administration is the support gotten from the World Trade Organisation (WTO) and the World Bank.

She said the support was in the area of trade facilitation, standard trade development facility, technical and financial support for digital trade.

Anite said other areas were on trade intelligence units, the development of the cotton industry, and the technical support, capacity development for the Nigeria Customs Service (NCS) .

The minister said there was the need for the country to be transformed.

Earlier, the Charge d’Affaires Greenie expressed the desire of his governement to deliberate on the private economy system.

He said: ” we work together as one team that is a foreign commercial service, a foreign agriculture service, USAID colleagues.

“I am joined here by two colleagues from the economic team. We have the U.S. Trade and Development Agency in the country.

“We have the World and Communist Corporation in the country, and numerous other agencies that we can reach back to in Washington, D.C.

“ And we are eager to work together in all of those areas, so that we can look for opportunities to be in trade, investment, commercial as well.”

Also speaking, the Permanent Secretary , Amb Nura Rimi in his opening remarks said the aim of the visit was to establish ways of fostering trade relations with Nigeria and the U. S. (NAN)

29th March, 2024.

C.E.

Tags: