Politics
Osinbajo Reinstates Buhari’s Commitment To Fixing The Economy
The Vice President Prof. Yemi Osinbajo, has reinstated the commitment of President Muhammadu Buhari’s administration to the rejuvenating the Nigerian economy.
He noted that the government was working to repositioning of the economy by boosting productive capacities.
Osinbajo said this on Wednesday at the 10th anniversary of the Ogun -Guangdong Free Trade Zone in Ota, Ogun.
Represented by Mr Niyi Adebayo, Minister of Trade and Investment, Osinbajo said the government was particularly committed to boosting the non-oil sector to grow the economy and create jobs for Nigerians.
He described Free Trade Zones(FTZs) as veritable platforms to attract investments and grow economies all over the world.
Osinbajo said the government would continue to support FTZs and other productive entities for the benefit of the people and the country.
”The Buhari administration is driven by an unflinching commitment to reposition our economy and improve production capacities and boost our share in global non-oil trade.
”Our national economic policies are geared towards a Nigeria that is high producing, export-oriented and productive infrastructure for businesses.
”It is our vision to achieve transformational economic growth by leveraging on our demographics and competitive advantage in agriculture and mineral deposits to provide opportunities for long-term investors,” he said.
The Vice-President described the Ogun-Guangdong Free Trade Zone as a success story, saying it had impacted positively on both the economy of the state and the nation.
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He explained that with over two billion dollars in investment, the Free Trade Zone had added value to the economy and had created no fewer than 6000 jobs for the people in its host community.
Osinbajo said the Federal Government would continue to support the FTZ to grow and create more opportunities.
He commended the Ogun government for its support for the FTZ , urging it to further strengthen partnership with the zone for more successes.
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