Business

Minister Assures On Investment Stimulation

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The Minister of
Trade and Investment, Dr. Olusegun Aganga has said that a bill that will create opportunity for competition for investment in the economy will be passed by the National Assembly soon.
He has said that such consumer bill would provide opportunities for the private sector  to invest in the sector and will create competition in the economy.
Agenda who disclosed this while  interacting with journalists in  Abuja in respect to the business and investment environment of the  country, noted that such bills will country, noted that such bills will open economy to more competitive  business, and will create more jobs  and social infrastructure for the people.
The minister said “The bills are priority and economic bills and game changers, as they would be expected to open the sectors, to local and international investors”.
“The consumer bill would provide opportunities for the private sector to invest in the sector and create  real competition in the economy for greater productivity”, he said.
He said that the reform of the Federal Government  was to make the  private-sector  driven economy  to align  with the objectives of the Government’s  economic  policy and vision  20:2020.
According to him, government as the dominant player had managed most sectors of the economy, including transportation, but noted that challenges of   management  and funding among others necessitated involvement  of private  sector.

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