Categories: News

“Buhari Is Working Hard To Make Nigeria’s Economy Grow Like Chinas” – Minister Of Finance

President Muhammadu Buhari-led Government is working hard to move the country to the top 100 in the world on ease of doing business ranking by ensuring that the nation’s economy grow as fast as that of China.

This was made known by the Minister of Finance, Mrs Zainab Ahmed, during a news conference on the forthcoming 25th Nigerian Economic Summit in Abuja on Monday, September 16, 2019.

Mrs Zainab Ahmed explained that the Buhari-led administration had taken steps toward making the country investment friendly and competitive.

According to her, this move will ensure the increasing local content that have been signed to support the diversification efforts. Ahmed said:

“We have also established a competitiveness advisory council and special economic zones (SEZs) in the six geo-political zones, as a vehicle for partnering with the private sector.

“The initiative is in line with the modern trend of providing infrastructure to business clusters to improve and boost economic activities in such zones as found in China and other fast-growing economies. We believe that these initiatives will improve trade balances, investment and create jobs.

“Government is also working toward launching a broad range of sector–specific activities to attract investment and drive growth through improving regulatory efficiency.

Ahmed disclosed that to expand transportation and other infrastructures that would make the country competitive for investment, government was willing to work with the private sector in commercially viable projects.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

Rivers Government Demand ₦300m Refund From NBA Over Conference Relocation To Enugu

Rivers State Government is demanding a refund of ₦300 million from the Nigerian Bar Association…

17 hours ago

Tinubu Imposed Emergency Rule In Rivers To Ease Tension – Uzodinma

Imo State Governor, Hope Uzodinma has backed President Bola Tinubu’s recent emergency rule in Rivers…

22 hours ago

Army Denies Sending Igbos To Dangerous Battlefront, Laments Low South-East Enlistment

The Nigerian Army has raised concerns about the low number of applicants from the South-East…

23 hours ago

Police Arrest Portable In Kwara For Following Petition By Saheed Osupa

Controversial Nigerian singer Portable has been arrested by police in Kwara State over a petition…

24 hours ago

I Didn’t Attack Seyi Tinubu With My Song, I Only Replied Him – Eedris Abdulkareem

Nigerian rapper, Eedris Abdulkareem has cleared the air, saying his new song "Tell Your Papa",wasn’t…

1 day ago

I’m Open To Becoming A Second, Third, Or Even Fifth Wife If Given The Chance – Toke Makinwa [Video]

Nigerian media personality and actress, Toke Makinwa has revealed she's open to becoming a second,…

3 days ago