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Ambode Seeks More Attention for Non-oil Sector

Governor Akinwunmi Ambode of Lagos State yesterday urged Federal Government and indeed the entire country to pay more attention to non-oil sector of the economy in view of the dwindling revenue from oil.

Ambode, who spoke during the closing ceremony of 2015 Lagos International Trade Fair at Tafawa Balewa Square, TBS Lagos, said as a proactive response to issues in the oil sector, Nigeria must embrace other sectors so as to garner resources to address the critical needs of the people.

The governor said Lagos was already in the forefront of generating non-oil revenues, adding that the state accounts for over 65 per cent of the nation’s non-oil Gross Domestic Product, and over 60 percent of the country’s value added manufacturing.

He urged members of the business community to consolidate on the gains recorded so far, by following up the relationship already established with government for mutually beneficial business and investment.

He urged the business community to remain hopeful and support President Muhammad Buhari’s genuine commitments towards transforming the country’s current challenges to opportunities for sustainable economic growth.

He also assured that Lagos is open for business, and invited all interested investors to key into the investment opportunities that abound in the state.

Earlier, in his welcome address, President of the Lagos Chamber of Commerce and Industry, LCCI, Remi Bello urged government at all levels to urgently address all impediments to successful running of businesses in Nigeria such as infrastructure, quality framework and funding, among others.

He also thanked the governor for his laudable efforts to maintain close working relationship with members of the business community.

Bello, who specifically appreciated the exceptional commitment of Ambode to the creation of enabling environment for businesses to thrive, described Lagos State government as a worthy partner to the success story of the Chamber.

 

 

Source: National Mirror Nigeria

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