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Ministry regulates policy to boost productivity in commerce & industry sector

The Permanent Secretary, Federal Ministry of Commerce and Industry, Dr. Abubakar Mohammad, has disclosed that the Ministry has regulated its policies and programmes in order to achieve increased productivity in the sector.

He made this disclosure while addressing stakeholders during the third  National Council on Commerce and Industry (NCCI-03) held recently in Kano State.

According o him, government is committed to actualisation of increased productivity of the manufacturing sector, increase non-oil export earnings and decrease in importation of consumer goods. This he said,  will facilitate employment and improved revenue generation for the country.

Dr. Mohammad noted that the global economic recession is not completely over despite effort of many countries to reduce the burden on their citizenry adding that the forum was unique gathering that provide opportunities for principal actors and stakeholders of the Ministry to brainstorms on new initiatives and also review progress made on the implementation of the last council’s resolutions in Enugu.

According to him, “an update as well as implementation of resolutions will enable the council to re-strategies on policies and programmes that would lead Nigeria to the attainment of the objectives of the vision 20:2020.

Earlier, the Commissioner for Commerce Industry, Co-operatives and Tourism, Kano State, Alhaji Ahmed Ibrahim Yakassai, urged technocrats to consider the forum as a great challenge and a window to workout strategies and recommendations that would create avenues to foster solutions for a prosperous commercial and industrial development of  the country.

In his words, the untold hardship facing industries like power, loss of resources and jobs were enough, we must stop it now for the sake of posterity and the generations yet unborn”

He stated that despite the global economic meltdown, Kano state has been repositioned and given a new lease of life, adding that a clear testimony to this fact was the prevailing peace and tranquility the state enjoys which is the driving force for peaceful co-existence and the development of Commerce and Industry in the state.

National Council of Commerce and Industry comprises of Federal and States Ministries of Commerce and Industry, Parastatal/Agencies, Organised Private Sector (OPS) and Stakeholders in the sector with a view to brainstorms on policies and issues affecting Commerce and industry sector in Nigeria.


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