Promising Growth in Foreign Investments: Nigeria’s Minister of Industry, Trade

The newly inaugurated Nigerian Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite, has outlined her commitment to attracting more investments into the country and creating a business-friendly environment for indigenous businesses to flourish.

Dr Uzoka-Anite, who took office on Monday in Abuja, was welcomed by the Permanent Secretary, Dr Evelyn Ngige, and directors in the ministry at its head office. Her primary objectives include job creation, poverty alleviation, and promoting the growth of small and medium enterprises.

Speaking on the immense potential of Nigeria’s human resources, Dr Uzoka-Anite stated, “If we harness our human resource potential, Nigeria will flourish, even without our abundant mineral and non-mineral resources. Our goal is to open our doors wide and invite investors to come and take advantage of the opportunities we offer.”

The Minister emphasized the importance of projecting a positive image of Nigeria to attract more investors and ensure the thriving of businesses. The Ministry will focus on branding and image-making to bolster the country’s investment-friendly reputation.

To achieve these goals, Dr Uzoka-Anite underscored the need to clearly define investment opportunities and streamline processes and procedures. She stressed the importance of aligning with global best practices, shifting the focus from mere accumulation of wealth to strategic investments and the attraction of foreign capital.

In her response, Permanent Secretary Dr Evelyn Ngige assured the Minister of full support in overseeing the activities of the ministry. She urged Dr Uzoka-Anite to leverage her vast experience in driving economic growth, boosting industrialization, promoting Micro, Small, and Medium Enterprises (MSMEs), and facilitating trade in goods and services.

The resumption of duty by Dr Uzoka-Anite marks a new era characterized by a strong impetus for investment attraction. With the backing of the government and the determination to create a conducive environment for investors, Nigeria is poised for remarkable economic growth and development.

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