The United Nation’s Industrial Development Organization, UNIDO has endorsed the Nigeria’s Industrial Revolution plan by oppening its regional office in the country.
Minister of Trade and Industry, Olusegun Aganga who announced this when he addressed newsmen shortly after the weekly Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja, today said the Organization also opened a regional office in Ethiopia.
He said the UNIDO has, by this move, placed the two countries under the accelerated intervention programe for industrial development.
“Through this action, UNIDO has not only associated itself with the unparalleled and rapid transformation taking place in Nigeria, but has clearly endorsed Nigeria’s industrial revolution plan.”
Aganga said that UNIDO also established an investment and technology promotion office called ITPO in Nigeria to fast track Nigeria’s ability to attract industrial investment as well as support for the sector.
According to him, UNIDO has only eoght of such offices through out the world, adding that this is in recognition of the potentials for industrial development in Africa.
“The two countries were identified by UNIDO as countries with the highest potentials for industrial development.”
He said that the project is in recognition of the potentials and the industrial development efforts of the two countries in Africa.
He said that these are the two countries in Arica that show the strongest and the highest potentials for industrialization in Africa.