FG tasks trade fair organisers to ‘Promote our own inputs, products

Business News

By Dubem Azubike 

“The bulk of industrial inputs in Nigeria are imported, which should not be the case. To promote the inflow of foreign capital, we should undertake measures for using and promoting our own inputs to produce our goods.”

This statement was made by Dr. Okechukwu Enelamah, the Minister of Industry, Trade and Investment, when he declared opened the 39th edition of the ongoing Kaduna International Trade Fair in Kaduna, tagged ‘Promoting Commerce, Industry and Agriculture for International Competitiveness.’

He disclosed some major steps taken by the Federal Government towards driving the economy to the path of success.

“The President has inaugurated the National MSMEs Clinic and Booklet with the aim of finding solutions to problems militating against the speedy growth of Micro, Small and Medium Enterprises (MSMEs) in the country. This is part of Government strategic commitments aimed at improving the business environment across the country. The clinics would serve as one stop shop for dealing with various business concerns and approval issues. Therefore, Kaduna State Government has played a key role in assisting with facilitating the business of MSMEs”.

According to him, theme for this year’s edition is very appropriate and well timed

“The theme of the event is apt and relevant to our Nigerian Industrial Revolution Plan (NIRP) with stated objectives of fast-tracking inclusive growth, job creation, enterprise development and industrialisation. The success of these policies is already evident in increased value addition in the agricultural and manufacturing sectors,” he said.

The President of KADCCIMA, Dr. Muheeba Dankaka, noted that let no one be deceived, no national economy can survive alone without the support from and cooperation with other economies.

“Multilateral institutions have emerged with international mandates to regulate and harmonize trade practices globally, as the entire world have metamorphosed into a global village. With the advent of Information and Communication Technology, transaction that took days and months to consummate before, now take mere seconds. We must therefore grid our loins to face the challenges of global trade through adhering to best practices,” she stressed.

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