Members of Nigeria Labour Congress (NLC), Trade Union Council (TUC) and IndustriALL Global Union demostrated at the 2015 Africa Industrialisation Day
The Honourable Minister; Dr. Okechukwu E. Enelamah and the Honourable Minister of State; Mrs Aisha Abubakar received a warm welcome as they official resumed office
The Federal Ministry of Industry, Trade and Investment hosted its management and Chief Executive Officers of Parastatals to a 2-day retreat on “Addressing Unemployment and Poverty through the development of SMEs and Industrialisation” recently at Onne Oil and Gas Free Zone, Port-Harcourt.
In his keynote address titled,” Reinforcing the vision of the Ministry”, the Hon.Minister, Dr. Okechukwu Enelama, identified the immediate economic challenges facing the country which include: fall in Crude-Oil prices, currency devaluation, High poverty rates, Infrastructure gap and slowing GDP growth.
However, according to the Hon.Minister, the fundamentals of the Nigerian economy remain strong in the medium to long term. Like the physician that he is, Dr. Enelama, having diagnosed the ailments, prescribed a reinforcement of the vision of the ministry which according to him is that of service delivery through the following:
The present administration is committed to diversifying the Nigerian economy for sustainable growth and development.
The Hon. Minister of Industry, Trade and Investment, Hajiya Aisha Abubakar made this assertion during the opening ceremony of the 37th Kaduna International Trade Fair in Kaduna. The theme for this year’s Trade Fair is "Promoting solid Minerals sector for sustainable economic development".
The Hon. Minister maintained that for Nigeria to achieve the much desired development, her economy has to be diversified in order to ensure job creation and increased investment inflow into key areas like mining, agriculture, and manufacturing in order to enhance rapid industrialisation.
"No nation grows without developing and expanding its productive base, the current administration will strive to create a conducive environment for domestic and foreign trade and investment, especially focused on the non-oil economy. We are committed to improving the ease of doing business in our country. We will pursue our industrial policy learning from our own experiences and that of others. We will continue to partner with other countries and international organizations like WTO to achieve win-win economic growth and improve the welfare of our people."Dr. Okechukwu E. Enelamah speaking at the 4th WTO China Accession Roundtable