Business
Bizman Wants Synergy Between Public, Private Sectors
A Port Harcourt based com
pany Executive, Chief Ossai Udechukwu, has called for a synergy between the public sector and private sector for effective development and growth of the nation’s economy.
Udechukwu who is the Managing Director, Micro Partnership Ltd, stated this in Port Harcourt on Friday while speaking with The Tide.
He said that the synergy will create the needed support for the success of the forthcoming made –in-Nigeria summit in October.
He said there is need for partnership between the Federal Ministry of Trade and Investment and the private entrepreneurs in the country to create market base for exporting locally made products from Nigeria to other African countries.
The businessman said the Ministry representing the public sector needs to crate a market place for public sector and private sector people to come and see what is produced in Nigeria, stressing that that would attract buyers from across the whole Africa and also buyers across the world to partronise the country’s locally made goods.
Udechukwu said the recent launch of the N220 billion small and medium scale Enterprises (SMEs) by the Federal government will provide the needed financial support for the private sector, stressing that the fund would further boost the local entrepreneurship and add to the economic prosperity of the nation.
The company director explained that the made-in-Nigeria summit is essentially to support the production of goods and services in Nigeria and the manufacturing sector.
He declared further that the summit was designed to support the patronage of locally made goods and services, stressing that it is a programme that will make Nigerians to patronise locally made goods and products.
He said with increased patronage of made-in-Nigeria goods and services, manufacturing would increase and there would be job creation which would also lead to multiplier effect on economy with increased currency value as a result of not just local consumption but also exports.