Business

Bizman Wants Synergy Between Public, Private Sectors

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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.

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