Economic Growth: Federal Government Moves To Support Smaller Companies, Create Jobs

The Federal Government is committed to supporting smaller companies to create jobs and boost the nation’s economic growth.

Vice President Yemi Osinbajo stated this in Abuja when he declared open a two-day Inaugural Partnership Economy Summit, organised by the Ministry of Special Duties and Intergovernmental Affairs.

Osinbajo, who was represented by Minister of Industry, Trade and Investments Niyi Adebayo, noted that the summit was a bold initiative designed to strengthen government and citizen collaboration under the banner of Partnership Economy Nigeria, PEN.

According to him, the programme is a socio-economic platform made up of a variety of key stakeholders including the three tiers of government, the private sector and organised civil society.

The Vice President also explained that Nigeria’s young entrepreneurs and small business owners were the future of the country, adding that the Federal Government was committed to supporting them in their different businesses.

In his remark, Minister of Special Duties and Intergovernmental Affairs George Akume, said the summit sought to garner the fundamentals of Sustainable Development Goals, SDGs 1, 8, 9 and 17.

Also, Speaker, Federal House of Representatives, Femi Gbajabiamila noted that the time was ripe for Nigeria to look out for ways to grow local businesses to cushion the effects of global harsh economic realities.