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Home Economy

FG Okays Presidential Council on Industrial Revitalisation Roadmap

Business 360 by Business 360
October 17, 2023
in Economy
0
Nigeria needs $2.3tn to address infrastructure deficit-FG

The federal government has approved the setting up of the Presidential Council on the industrial revitalisation roadmap. Minister of Industry, Trade and Investment, Doris Uzoka-Anite, disclosed this to State House correspondents after the federal executive council meeting presided over by President Bola Tinubu at the presidential Villa.

According to her, the council is to be chaired by President Tinubu with 10 subcommittees. According to her, the subcommittee is to sit down and look at all the policies within different ministries, as well as the Ministry of Industry, trade and investment.

She said: “We have a lot of policies, frameworks and guidelines that should help to revitalise the industries within these different ministries and agencies. And we’re supposed to collaborate and come up with single roadmap for each of these subcommittees or each of these roadmaps. And that is actually geared towards developing the full industrial revival of the economy in line with the eight-point agenda of Mr. President.

 “At the end of this, we expect to see a boost in investment coming into the different industrial sectors. We expect to see a boost in job creation and employment and a general increase in our indices, especially our GDP growth rates.”

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