rice production

Nigeria is working to increase local production standard and quality assurance of products, the government said Thursday.

Okechukwu Enelamah, the Minister of Industry, Trade and Investment, disclosed this in southwestern city of Otta of Ogun State.

He said to achieve the goal, the government would partner with the private sector toward understanding their problems and using a systematic approach to resolve the issues.

“I want to see capacity utilization keep going up and issues hampering it resolved,” he added.

“The thrust is to diversify the economy and the only way we can do this is to partner with the private sector,” he said.

The minister said government was committed to improvement of infrastructure, power, funding and local procurement of goods that would enhance growth of the manufacturing sector.

On his part, Kayode Pitan, the Managing Director, Bank of Industry (BoI), said the bank was interested in improving industrial sector’s access to finance for expansion that would aid job creation. Enditem

Source: Xinhua/NewsGhana.com.gh