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Nigeria’s Economy: There’s Hope – Ex-Vice President Sambo

Former Nigerian’s Vice President, Namadi Sambo, has expressed hope that measures being taken by the government of President Muhammadu Buhari will eventually lead to economic prosperity for the country.

According to him, government measures, which include the customs control on importation of goods and services that can be found or produced within the country is a major milestone towards building a strong economy.

Namadi Sambo, who spoke today at a seminar with the theme: “Consolidating Interface between Industry and Agriculture for Nigeria’s Sustainable Development” at the ongoing 40th Kaduna International Trade Fair in Kaduna, called on Nigerians to support to the ongoing efforts of the Federal Government to diversify the nation’s economy.

The former Vice President to President Goodluck Jonathan, who commended the government for improving Nigeria’s business environment, expressed optimism that current economic policies would lead to a stronger economy that was less dependent on oil.

He commended the theme of the seminar, adding that it highlighted the growing interest to strengthen the non-oil sector, especially industries and agriculture.

 “It is my belief that the seminar will go a long way in generating ideas that will help to developing our private sector, thereby boosting the economic growth and development of our country,

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“It is through these avenues that solutions will be developed for the factors that are militating against achieving our socio economic development plans.”

The former Vice President said that the full implementation of the local content policy and the patronage of the made in Nigeria products must be encouraged and supported by all Nigerians.

He urged Nigerians in both private and public sectors to be more proactive in the effort to strengthen the nation’s economy towards faster growth.

“It is through stronger collaborations that such policies will yield positive development towards building a greater nation.”

Namadi Sambo commended the Kaduna State government for supporting the Kaduna Chamber of Commerce, Mines and Agriculture, organisers of the International Trade Fair.

The state government support, he said, has created the enabling environment for trade and commercial activities to flourish in the state.