Friday 1 August 2014

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Private Sector Will Boost Economic Growth- Sambo

  • Friday 1 August 2014

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    Vice President Namadi Sambo, on Monday, said the Federal Government was determined to provide business and investment-friendly environment for accelerated economic growth and development through the private sector.
    Sambo who was represented by the Minister of State for Trade and Commerce, Dr Samuel Ortom, disclosed this at the close of the 25th Enugu International Trade Fair in Enugu State.
    According to Sambo, government had given priority to the provision of adequate infrastructure to stimulate sustainable and steady economic growth.
    “While the government is fully committed to market oriented and private sector led economy, it welcomes public-private partnership in the provision of infrastructural facilities in various sectors of the economy’’ Sambo said.
    Sambo reiterated the need for government at all levels to enhance and develop the private sector through appropriate and effective policies that would enable business es thrive in the country.
    The vice president applauded the Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) for its consistency in organising the fair in spite of its infrastructural challenges.
    Responding, Dr Ifeanyi Okoye, President of ECCIMA, urged the Federal Government to build a permanent site for  them as it did for Lagos and Kaduna state.
    Okoye commended the Enugu State Government for its contributions toward the successful hosting of the 2014 trade fair.
    He also commended exhibitors, the media and security agencies for their various support and commitments to the success recorded in the event.

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