Festus Akanbi in Lagos and Deji Elumoye in Abuja
Nigeria is on its way to become a leading industrial and trading nation in Africa. To achieve this, our government focused on policies, projects and programs that support private sector investors. “Just last month at the Intra Africa Trade fair in Durban, I reminded business leaders that most of Africa’s challenges, whether security, economic or corruption, can be traced to our inability to domesticate the production of our most basic requirements and provide jobs to our teeming and dynamic youth population.
The Nigerian leader also used the occasion to express profound gratitude to his hosts, Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, the President of the United Arab Emirates and the Emir of Abu Dhabi, for their unwavering commitment to strengthen trade and investment relations between both countries through various initiatives, partnerships and support.
“These companies typically leverage technology to disrupt already established industries and offer a new standard of value to consumers,” the report said. Nigeria is said to have accounted for the second-highest number of these at 144, just behind South Africa which has 154 startups.
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