Jonathan Pledges govt. Support for Emerging Industries

President Goodluck Jonathan has pledged that the Federal Government will continue to give all necessary encouragement and protection to emerging industries in Nigeria to ensure steady economic growth and facilitate the creation of more jobs in the country.

President Goodluck Jonathan
President Goodluck Jonathan

Speaking here Tuesday at an audience with the new Ambassador of the European Union (EU) to Nigeria, Mr. Michel Arrion, President Jonathan said that in protecting its emerging industries, Nigeria will not be acting differently from the advanced nations of the world who, at similar stages in their development, put measures in place to protect their domestic production.

He said: “We will need to protect the budding industries in Nigeria because we know that every country in the world that wants to grow industrially, at some stage, needs to put instruments in place to protect the upcoming industries in order to stimulate and sustain growth and employment.

“We have a lot of young people coming out of the universities and we have to plan for them.’’

President Jonathan who identified adequate power supply as essential for rapid economic growth and job creation, called on the EU to support ongoing efforts to ensure stable and constant electricity in Nigeria.

He commended the EU for its ongoing support for other developmental programmes in Nigeria.

In his remarks, Mr. Arrion assured President Jonathan that the EU will give Nigeria all possible assistance for the development of its energy sector.

He commended President Jonathan over Nigeria’s improving economic outlook and promised that the EU will continue to support growth and development in the country.

Also Tuesday in Abuja, President Jonathan received the outgoing Indian High Commission to Nigeria, Mr. Mhesh Kumar Sached.

The President assured Mr. Sached that Nigeria will continue to work for greater bilateral cooperation between the two countries because of the many things both countries have in common such as huge markets, entrepreneurial skills and human resources.

Leave a Reply

Your email address will not be published. Required fields are marked *