FG un­veils strat­egy to im­prove nonoil ex­port at Daily Trust sum­mit

Daily Trust - - BUSINESS - From Yusha’u A. Ibrahim, Ibrahim Musa Giginyu & Hauwa Adamu Kiyawa, Kano

De­vel­op­ment of en­abling en­vi­ron­ment, sus­tained ca­pac­ity build­ing, mar­ket in­tel­li­gence, co­or­di­na­tion and spe­cific com­pet­i­tive strate­gies for dif­fer­ent ar­eas and prod­ucts, with clear met­rics, re­ward and sanc­tions regime are key fo­cus for the present ad­min­is­tra­tion to boost non-oil ex­port, the Min­is­ter of Agri­cul­ture and Ru­ral De­vel­op­ment, Chief Audu Og­beh, has said.

Speak­ing at the open­ing cer­e­mony, of the two-day National Busi­ness Sum­mit/Ex­hi­bi­tion or­ga­nized by Daily Trust in part­ner­ship with Nige­rian In­vest­ment Pro­mo­tion Com­mis­sion (NIPC) he said although suc­ces­sive Nige­rian gov­ern­ments have sought to di­ver­sify the econ­omy lit­tle has been achieved thus far. This is not sur­pris­ing be­cause in a glob­al­iz­ing world econ­omy, break­ing into the dy­namic ex­port mar­ket is not for the faint hearted.

The sum­mit themed ‘Un­lock­ing the Agric and Solid Min­eral Sec­tors for Quick-Win De­vel­op­ment in the North-West’, was or­ga­nized for the North­west­ern states of Kano, Katsina, Kebbi, Ji­gawa, Sokoto, Kaduna and Zam­fara.

Rep­re­sented by the Manag­ing Di­rec­tor Bank of Agri­cul­ture, Pro­fes­sor Dan­bala Danju, the min­is­ter de­scribed the sum­mit as timely, not­ing that it is ev­i­dent the emer­gence of oil in Nige­ria has led the coun­try through the so­called Dutch dis­ease mech­a­nism to the rel­a­tive ap­pre­ci­a­tion of Naira ex­change, thereby mak­ing im­ports cheaper and ex­ports ex­pen­sive.

Declar­ing the sum­mit open, Kano State Gover­nor, Dr. Ab­dul­lahi Umar Gan­duje, who was rep­re­sented by the state Com­mis­sioner of In­for­ma­tion Malam Mo­hammed Garba, re­vealed that the sum­mit couldn’t have come in bet­ter time than now when the coun­try is mak­ing fran­tic ef­fort to di­ver­sify its econ­omy.

Malam Ab­dul­lahi Ladan, Kano Re­gional Man­ager of Daily Trust wel­comes guests on be­half of the com­pany’s Chief Op­er­a­tions Of­fi­cer, Ab­hay De­sai, dur­ing Daily Trust National Busi­ness Sum­mit / Ex­hi­bi­tion for North - West Zone, or­gan­ised in part­ner­ship with the Nige­rian In­vest­ment Pro­mo­tion Com­mis­sion in Kano yes­ter­day. Seated left is the Com­mis­sioner of In­for­ma­tion Kano State, Muham­mad Garba, who rep­re­sented the gover­nor Photo: Sani Maikatanga

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