The Federal Government has said it is targeting to create 4.4 million jobs with the implementation of the National Strategy for Competitiveness in Raw Materials and Products Development in Nigeria.
Recall that the National Strategy received approval from the Federal Executive Council (FEC) at its meeting May 17, 2017.
It aims to champion the country’s global competitiveness diversification through investments in innovation and technology, research and development, infrastructure, data development and management, industrialisation, competitiveness advocacy, legal and policy frameworks, institutional/organizational development, and human capital development.
Speaking at the Opening Ceremony of the National Consultative Committee on Competitiveness (NCCC) Technical Workshop/Conference on the Implementation of the strategy, the Minister, Federal Ministry of Innovation, Science and Technology, Uche Nnaji, said Nigeria has abundant raw materials, from solids, metals and energy minerals to agro-raw materials.
He noted that the mere possession of these resources does not guarantee economic prosperity.
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