Lagos State Governor, Akinwunmi Ambode has said that his administration will support the manufacturing sector because the sector‘holds the key to sustainable economic growth and development.’
According to a statement, Ambode said this at the opening of the Third Quarterly Council Meeting of NACCIMA in Lagos.
He said “We are aware of the challenges of the business community in terms of poor power supply, inadequate infrastructure, high interest and foreign exchange rates among others.
“The resultant effects of these problems are manifesting in high operation cost, high rate of unemployment and poverty. But I am positive that these challenges are surmountable.
“We, therefore, need to be proactive and look towards becoming self-sufficient by collaborating with the manufacturing sector which obviously holds the key to sustainable economic growth and development.
“This is why Lagos State has established the Office of Overseas Affairs and Investment to make the state a first choice destination for both local and foreign investors.”
The National President of NACCIMA, Mr. Bassey Edem also explained that the complex is designed for trade promotion in Nigeria.
He said “The complex is primarily designed for trade promotion in Nigeria, but it has become a shadow of itself. We therefore request that the management of the complex be transferred to the Lagos Chamber of Commerce and Industry as was done for Kaduna International Trade Fair Complex.
“ As an umbrella body of all chambers of commerce and industry, we will continue to lend our voice and support government at all levels to fulfill their roles.”