When he hosted the leadership of the Manufacturers Association of Nigeria (MAN) at the Presidential Villa in Abuja on Wednesday, Nigeria’s number one citizen reaffirmed its commitment to the government to boosting manufacturing activity in the country.
The communique issued by his Special Adviser on Media and Publicity, Femi Adesina, also assured MAN that Nigeria will take steps to fully maximize the benefits of the African Continental Free Trade Area (AfCFTA).
The statement reads in part: ‘‘Our strategic plan to boost manufacturing activities in the country is on course.
‘‘We will continue to improve the patronage of locally made goods, bridge the gap between skills required by industry and those provided by our tertiary institutions, and ensure seamless access to long term finance for our Small and Medium-Scale Enterprises (SMEs).
‘‘We recognize that MAN remains a key stakeholder in this journey and we will continue our engagement with you.
‘‘I beseech you to continue to support the government in our quest to provide the appropriate environment that will attract the necessary investment both domestic and foreign for the upliftment of the nation’s economy.”
In response to the effects of COVID-19 on global economies, President Buhari stated that, while the pandemic had a negative impact on the Nigerian economy due to changes in the price of oil, his administration had effectively halted the spread of the virus and other ailments.
The Nigerian leader stated that the Federal Government will continue to employ wise methods of prudently utilizing limited revenue to maintain the economy and boost growth.
