Minister of Trade, Commerce and Funding, Dr Jumoke Oduwole, has mentioned the ministry is working in direction of positioning the non-public sector for productiveness and competitiveness to take full benefit of the huge alternatives out there within the home, regional, and international markets.
Oduwole additionally mentioned that the ministry is driving the nation’s financial diversification by implementing focused insurance policies and reforms to speed up industrialisation, digitalisation, inventive arts, manufacturing, and innovation.
She mentioned at first of a two-day retreat organised by the ministry on Monday that some “fast wins are already being achieved by guaranteeing coordination and synergy within the administration’s fiscal and financial insurance policies.”
The minister mentioned the retreat was to current the ministry’s 2025 roadmap, and produce collectively the CEOs of companies beneath it, in addition to the Administrators of the ministry, for a strategic dialogue on the way forward for business, commerce, and funding in Nigeria.The theme was “Accelerating Diversification to Rebuild Prosperity by Leveraging Trade, Commerce, and Funding.”
Oduwole mentioned, “Our precedence is evident—constructing a dynamic, resilient, and sustainable financial system that allows companies to thrive regionally, regionally, and globally. In keeping with Mr. President’s eight-point agenda, our mission is to create wealth, generate productive jobs, and foster shared prosperity for all Nigerians.
“It is a second of collective resolve. We should ship—not only for Mr President however for over 200 million Nigerians who depend on us to construct a stronger financial system.”
Additionally talking, Minister of State for Trade, Commerce, and Funding, Senator John Enoh, described the retreat as a defining mission to debate issues and ship options.
Enoh mentioned it underscored the necessity to transition from an import-dependent financial system to an innovation-driven industrial hub and create an setting the place industries are globally aggressive, including that “the time for motion is now,” he asserted.
He mentioned the ministry would deal with scaling up industrialisation, increasing commerce alternatives, and enhancing funding insurance policies to draw each native and overseas buyers.