UNIDO spends $30m on industrial development
On February 23, 2012 · In Business

The United Nation Industrial Development Organisation (UNIDO)  said in Abuja on Tuesday that it spent more than 30 million dollars in Nigeria on project development in the past few years. Dr Patrick Kormawa, the UNIDO Country Representative in Nigeria, disclosed this when the UNIDO Deputy Director General paid a courtesy visit to the Minister of State for Trade and Investment, Dr Samuel Ortom.

“We have spent over 30 million dollars in this country over the last couple of years in projects such as agro-business and renewable energy, among others. We have been helping the ministry to develop its policy because without the development of policies, Nigeria cannot develop its industries.’’

He said that at the state level UNIDO had implemented projects that have helped in the training of young people in ICT and in capacity building to make them self-employed.

Kormawa said the organisation was also helping the ministry in the development of a blue print to support the implementation of its programmes. “UNIDO is a specialised agency of the UN charged with the responsibility of elevating and speeding up sustainable industrial development in developing countries and changing economies.

He said the organisation had also amplified its role in the global development scheme, focusing on poverty alleviation and environmental sustainability. Kormawa said that as a development agency, UNIDO was working with the government and the people to move the country forward industrially.

In his speech, Mr Taizo Nishikawa, the UNIDO Deputy Director General, said UNIDO’s objective in Nigeria was to help it attain sustainable industrial development. According to him, the Trade and Investment Ministry and UNIDO had discussed severally on industrialising the country.

Responding, the minister said the ministry had been working with UNIDO to improve and revive dormant industries. “When the industries are working, jobs will be available for the country’s teeming youths and the aim of the ministry is to create jobs for the people. We have looked at them as partners that can really give us the assistance we need and they have agreed to assist us,” he said.

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