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NEC Constitutes Committee On Industrialisation


NEC Constitutes Committee On Industrialisation

NEC Constitutes Committee On Industrialisation

NEC Constitutes Committee On Industrialisation

NEC Constitutes Committee On Industrialisation

The National Economic Council (NEC)on Thursday, set up a committee of the Nigeria Industrial Policy and Competitiveness Advisory Council to drive the new phase of Nigeria’s industrialisation.

The committee, which is chaired by Vice President Yemi Osinbajo, comprise of governors drawn from the six geo political zones also include ministers and captains of industry.

The Minister of State for Industry, Trade and Investment, Aisha Abubakar, who briefed journalists at the end of Thursday’s NEC meeting presided over by Vice president Yemi Osinbajo in Aso Rock.

The Governors include,  Kwara State Governor, Abdulfatah Ahmed (North-central), Kaduna State Governor, Nasir el-Rufai (North-west), Adamawa State Governor, Bindowo Jubrilla (North-east), Ogun State Governor, Ibikunle Amosun (South-west), Abia State Governor, Okezie Ikpeazu (South-east) and Godwin Obaseki of Edo State (South-south).

Abubakar said the committee was set up because NEC acknowledged the critical roles of states in boosting industrialisation.

According to her, the sub-committee would monitor and report the implementation of the advisory council’s recommendations “to address the eight areas highlighted with particular emphasis on harmonisation of right of ways’ charges between states and federal government and adoption of the 2015 approved list of taxes and levies.”
The areas to be addressed by the sub-committee are: improving broadband penetration in the country; resolving multiple taxation; facilitating access to land and providing security for investments.

Others are: standardising regulatory requirements; facilitating integrated business linkages; collaborating on project development and maintenance, and providing shared facilities.






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