Government restates commitment to attract investments into Nigeria

Government restates commitment to attract investments into Nigeria

Nigeria’s Minister of Trade and Investment, Dr Olusegun Aganga, has reiterated the commitment of the Nigerian government to create conducive environment to attract investments into the country.

Aganga made this known at a meeting with the United Nations Industrial Development Oganisation (UNIDO). He noted that investments in all sectors, especially in the industrial sector would boost the nation’s economy.

Tackling unemployment

According to Aganga, the ministry will also focus on building the capacity of Nigerians with a view to making them become investors thereby reducing the problem of unemployment. 

These, the minister said, were in line with President Jonathan’s transformation agenda to tackle unemployment through trade.

UNIDO’S input

Earlier, the representative of UNIDO in Nigeria, Dr Patrick Kormawa, said that the organisation would continue to partner with the ministry to increase investments and productivity in the industrial sector.

“Once you have investments in the industrial sector, basically the problem of industrialisation will be solved.

“We are going to work closely with the ministry to ensure that the necessary
investments needed to spur industrial development in this country will be made available, ’’ Kormawa said.

The Trade and Investment Ministry was formerly known as the Ministry of Commerce and Industry.

NAN/Williams