Diversifying Africa’s Largest Economy - Minister's speech at the 4th WTO China Accession Roundtable

Diversifying Africa’s Largest Economy

Paper presented by Dr. Okechukwu E. Enelamah - Honourable Minister of Industry, Trade & Investment at 4th WTO China Accession Roundtable.

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2015 Africa Industrialisation Day

2015 Africa Industrialisation Day

Members of Nigeria Labour Congress (NLC), Trade Union Council (TUC) and IndustriALL Global Union demostrated at the 2015 Africa Industrialisation Day

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1st Official Day in Office

1st Day in Office

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

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1st Official Day in Office

FMITI Vision Statement

Our Vision at the Federal Ministry of Industry, Trade & Investment is to promote economic growth, create jobs and generate wealth

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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:

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Honourable Minister of state of the Federal Ministry of Industry, Trade and Investment, Aisha Abubakar declaring the 37th Kaduna International Trade Fair opened

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.

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Diversifying Africa’s Largest Economy

Paper Presented by Dr. Okechukwu E. Enelamah: Honourable Minister of Industry, Trade & Investment at 4th WTO China Accession Roundtable.

PROTOCOL

I will like to thank the government of Kenya, for hosting this roundtable. I will like to also thank the People’s Republic of China, for organizing the event. I will also like to thank the WTO secretariat for the preparation and hard work to make this round table a reality.

INTRODUCTION
It is my pleasure to be part of this forum. This is my first WTO engagement as Nigeria’s Minister of Industry, Trade and Investment, since I was nominated by President Muhammadu Buhari, confirmed by the Senate and sworn in by the President on November 11. I, therefore, thank the organizers for this opportunity to speak about diversifying Africa’s largest economy.

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"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

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