• Wednesday, April 24, 2024
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Trade minister says 3 sectors are in focus to diversify revenue, create jobs

Otunba Adeniyi Adebayo
Nigeria’s Minister for Trade, Investment and Industry, Adeniyi Adebayo, says the agricultural, construction and the automobile industry are four key sectors which the government is focusing on to grow the economy away from the dependence of oil and create jobs for its burgeoning population.
He noted that by focusing more on this sector, the present administration would be able to fulfil its mandate in diversifying government revenue and  jobs yearly and lifting of 10 millions through the next 10 years, of its citizens living below the poverty trap.
Adebayo who spoke at the 2nd private equity summit organized by Udo Udoma&Bello-Osagie with the the theme ” Drivers, Disruptors and Unlocking Value,” said in order to achieve success in this four areas, the government has set key performance ratings in scalling up the manufacturing sector, attracting foreign direct investment, boasting non-oil export and creating at least six million jobs a year.