Nigeria
is targeting a quantum increase of its non oil exports to the Economic
Community of West African States (ECOWAS) to N116.5 billion by 2015 in addition
to a structured trade policy that would support the nation’s industrial trade,
Olusegun Aganga, the minister of industry, trade and investment, has said.
Aganga
spoke during the 7th National Council on Industry, Trade and Investment in
Markurdi, Benue State on Thursday.
The
event brought together all the commissioners of industry, trade and investment
across the country to deliberate on strategies to fast track inclusive economic
growth through industrialisation, trade and investment.
As
part of efforts towards increasing the country’s non oil export sector, the
minister said
that the Ministry of Industry, Trade and Investment had completed
a new National Trade Policy and Strategy which will integrate Nigeria’s
industrial, trade and investment priorities.
Aganga,
who was represented by the minister of state for trade and investment, Samuel
Ortom, said, “In the area of trade, I am glad to inform that we have just
completed a new National Trade Policy and Strategy, which will soon be
presented to the Federal Executive Council for approval. This is the first time
in over ten years that the country’s trade policy has been reviewed.”
Businessday
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