The federal government is committed to creating a conducive environment for local manufacturers and small-scale producers to conduct business profitably in Nigeria. President Bola Tinubu made this announcement during the 2nd edition of the Nasarawa Investment Summit in Lafia, the state capital. Represented by the Minister of Trade, Industry, and Investment, Nkiruka Uzoka-Anite, Tinubu highlighted that a new investment policy roadmap for 2023-2027 has been approved by the Federal Executive Council (FEC) to reshape the business and investment landscape in Nigeria.
The Minister explained that the roadmap would act as a guide for sub-national entities to take advantage of the favorable investment climate fostered by the federal government. This policy is designed to support economic growth and attract more investment into the country. Tinubu also pledged support for Nasarawa State in utilizing its solid mineral deposits and agricultural potential, positioning the state as a prime investment destination.
Governor Abdullahi Sule encouraged investors to capitalize on the oil and gas exploration activities in Nasarawa State. He emphasized that the investment summit has expanded opportunities for the state to leverage its industrial, agricultural, and mining sectors.
Source: Daily Trust