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FG Earmarks N150b To Support Manufacturing, MSMEs In 2024

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The Federal Government has reaffirmed its commitment to invest more in the Non-Oil sector of the economy in order to boost the nation’s foreign earnings.

Vice President Kashim Shettima dis closed this at the 2nd National Conference on Non-oil Export with the theme “Building a Sustainable National Economy through Non-oil Export”.

Represented by the Special Advisers, Presidential Enabling Business Environment Council, Olajumoke Oduwole, the Vice President said priority would be placed on infrastructural development.

The Minister, Industry Trade and Investment Evelyn Uzoka-Anite said N150b has been set aside to support both the manufacturing sector and the Micro Small and Medium Enterprises next year at single digit interest rates.

The Executive Director, Nigeria Export Promotion Council, Ezra Yakusak highlighted some challenges facing Nigeria’s export commodities.

High point of the conference was the tour of the NEPC exhibition stance of Made-in-Nigera products by the dignitaries.

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