{"id":27041,"date":"2020-12-20T08:59:41","date_gmt":"2020-12-20T07:59:41","guid":{"rendered":"http:\/\/thefreezonechannel.com\/?p=27041"},"modified":"2021-10-07T00:23:46","modified_gmt":"2021-10-07T00:23:46","slug":"nigeria-calls-for-private-sector-development","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/nigeria-calls-for-private-sector-development\/","title":{"rendered":"Nigeria calls for private sector development"},"content":{"rendered":"<p><strong>By Anthony Areh<\/strong><\/p>\n\n\n<p>Nigeria has urged governments at all levels to ensure that the private sector was enhanced and developed for businesses to thrive.<\/p>\n\n\n<p>Hajiya Mariam Katagum, Minister of&nbsp; State,&nbsp; Ministry for Industry, Trade and Investment, made the call at the opening ceremony of the 2nd edition of the Bauchi state National trade fair and exhibition.<\/p>\n\n\n<p>She said there was the need for governments at all levels to ensure the enhancement and development of the private sector by putting in place appropriate and effective policy measures and programmes that would make businesses to thrive in the country.<\/p>\n\n\n<p>\u201cGovernment is determined to provide an investment friendly environment which is very crucial for accelerated economic growth and development,\u201d she said<\/p>\n\n\n<p>Represented by Alhaji Aliyu Abubakar, Director, Trade, in the Ministry, Katagum said the present administration had accorded priority to improving the business environment, with the provision of adequate infrastructure to stimulate a sustainable economy.<\/p>\n\n\n<p>Katagum explained that the Federal Government had also adopted policies aimed at promoting Micro, Small and Medium Enterprises (MSMEs) in the country, adding, \u201cThis sector currently represents 96% of the businesses in Nigeria and contributes 75% of the National employment.\u201d<\/p>\n\n\n<p>According to Katagum. the Federal Government had similarly adopted an Economic Sustainability Plan (ESP) for sustaining economic growth and development, to optimise&nbsp; local content, including empowering Local businesses for a self-reliant economy.<\/p>\n\n\n<p>The Minister called on captains of industry and entrepreneurs, to exchange business ideas and form partnerships for sustainable economic growth.<\/p>\n\n\n<p>She commended the Bauchi state government for providing a conducive atmosphere for the trade fair, despite the COVID-19 pandemic and its challenges.<\/p>\n\n\n<p>In a remark, Gov. Bala Mohammmed, represented by his deputy, Baba Tela, stressed that the 2nd Bauchi National trade fair and exhibition would provide a unique networking platform to local and National participants.<\/p>\n\n\n<p>\u201cThe trade fair would help in promoting , marketing and publicising the participating companies, while the exhibition could lead to market openings, joint ventures , partnerships and investments,\u201d he said.<\/p>\n\n\n<p>He assured that the government would continue to work with relevant stakeholders to achieve the vision of the economic sector.<\/p>\n\n\n<p>The 2nd National trade fair and exhibition 2020 was tagged \u201cNigeria vision 2020, Buhari\u2019s New Economic and development agenda, the role of the private sector\u201d<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-27041\" data-postid=\"27041\" class=\"themify_builder_content themify_builder_content-27041 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>By Anthony Areh Nigeria has urged governments at all levels to ensure that the private sector was enhanced and developed for businesses to thrive. Hajiya Mariam Katagum, Minister of&nbsp; State,&nbsp; Ministry for Industry, Trade and Investment, made the call at the opening ceremony of the 2nd edition of the Bauchi state National trade fair and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[296],"tags":[496],"class_list":["post-27041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-economic","tag-development","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nigeria calls for private sector development - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/nigeria-calls-for-private-sector-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria calls for private sector development - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"By Anthony Areh Nigeria has urged governments at all levels to ensure that the private sector was enhanced and developed for businesses to thrive. 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