As global trade disputes necessitate strategic shifts in business models, the Minister of Trade and Investment, Jumoke Oduwole, has laid out a comprehensive roadmap aimed at driving the nation’s economic growth through enhanced productivity, competitiveness and strategic collaborations with Ministries, Departments and Agencies (MDAs).
She stated this in Lagos on Monday at an interface with journalists. Central to the Minister’s vision is the urgent need to foster both domestic and foreign investments, which she describes as the backbone of Nigeria’s economic transformation.
“By dismantling bureaucratic bottlenecks, we are creating a business-friendly environment that ensures investment retention and attracts new capital into Nigeria,” Oduwole said.
She noted that concerted efforts are being made to fortify Micro, Small, and Medium Enterprises (MSMEs), noting that Nigeria has tracked over 40 million of them and identified the top 23 challenges facing businesses across the country.
“Addressing these challenges is critical to unleashing the potential of Nigeria’s entrepreneurial sector and driving long-term economic growth,” she emphasised.
