NAMA Boss Calls for Investment to Create Jobs, Boost Economy – THISDAYLIVE

  • 📰 THISDAY LIVE
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

NAMA Boss Calls for Investment to Create Jobs, Boost Economy Chinedu Eze The Acting Managing Director of the Nigerian Airspace Management Agency (NAMA), Matthew Pwajok, has called on government to create incent

The Acting Managing Director of the Nigerian Airspace Management Agency , Matthew Pwajok, has called on government to create incentives to encourage Nigerians and others to investment in manufacturing in order to create more jobs for the teeming Nigerian youths.

As the key speaker at the event, Pwajok who was represented by NAMA’s Director of Administration and Human Resources, Dr Musa Mai Sallau, spoke on the theme: “Diversification as Catalyst to Our National Development” and said that Nigeria’s economic growth was retarded by over dependence on oil and insisted that the country could make economic leap if every economic sector were fully exploited.

Quoting Nigerian Bureau of Statistics , NAMA boss said that theeconomy of Nigeria advanced by 3.11 per cent from a year ago in the first quarter of 2022, following a 3.98 per cent rise in the prior period. He said the non-oil sector expanded by 6.08 per cent, faster than 4.73 per cent in Q4, driven by good performance in information and communication , primarily telecommunications ; trade , financial and insurance ; agriculture and manufacturing .

To reduce the country’s export, it requires expanding the country’s value added products that are exported to foreign markets. Aviation provides the only rapid worldwide transportation methods, which makes it essential. It generates economic growth, create jobs and facilitatesinternational aviation sector to provide support and an enabling environment for a developing country like Nigeria,” he said.

 

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:

 /  🏆 14. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines