President Tinubu to chair newly approved Presidential Council on industry

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

The Federal Executive Council (FEC) has approved the establishment of the Presidential Council on Industrial Revitalization Roadmap, which will be chaired by President Bola Tinubu and comprise ten subcommittees. This was disclosed on Monday by the Minister of Trade, Industry, and Investment, Doris Uzoka-Anite.

She spoke at the end of the FEC meeting, explaining that the subcommittees will deliberate on various policies within different ministries and the Ministry of Industry, Trade, and Investment. According to the Minister, “We have a plethora of policies, frameworks, and guidelines aimed at reinvigorating industries across these diverse ministries and agencies.

' “At the conclusion of this effort, we anticipate an upsurge in investment across various industrial sectors. 'We also expect to witness a surge in job creation, bolstering employment figures and an overall improvement in our indices, particularly our GDP growth rates, projected to escalate from 3.5% to an aspirational 7%, with a GDP base of approximately 1 trillion, aligning with Mr. President’s vision.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines