Mon 02.20.2017 | Time 13.16 hrs
       
              
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NPA Promotes Entrepreneurship for Economic Growth


The management of the Nigerian Ports Authority (NPA), has taken steps that will promote the activities of small and medium scale entrepreneurs and foreign investors in the country to boost economic growth.

 

NPA's Managing Director, Ms. Hadiza Bala Usman who was represented by the Assistant General Manager Commercial Services/ Port Promotions, Abdulrahman Lamina at the Kano International Trade Fair last week said the Authority sees entrepreneurship as an important engine of growth and would always support those who have the capacity and willingness to develop, organise, run and manage profitable businesses across the country.


The theme of the trade fair is: "Attracting Entrepreneurs and Investors towards National Economic Growth” 


The theme, she said, was appropriate because the country is going through “a turbulent” economic recession and the Federal Government is encouraging every Nigerian to look “inward” in a bid to create alternative ways of developing the economy apart from oil.


The Federal Government, she added, has institutionalised policies that are geared towards attracting investors and focusing on non-oil sector to encourage entrepreneurial participation to boost the nation's depleting foreign reserves.

Some small scale entrepreneurs who started small, Usman said, were assisted by NPA to become big.

NPA, Ms. Usman said, had also impacted positively on the economic growth by assisting some notable entrepreneurs to expand their businesses and become major employers of labour.


Some of the beneficiaries of NPA's gesture, she said, are Otunba Obafemi Otudeko, Alhaji Wahab Folawiyo, Dr. Samuel Adedoyin and Alhaji Aliko Dangote who have factories in the ports.

NPA, Ms. Usman said, is playing and will continue to play a major role in facilitating Federal Government's policies aimed at encouraging entrepreneurs and attracting investors to promote the economy. This she said, is evident with the presence of private terminal operators in the ports.


The huge investments made by terminal operators, she said have led to greater efficiency in cargo handling, port operations and increase in the revenue generated for the government.


She urged small and medium scale entrepreneurs to tap into the low export tariffs and other opportunities provided by the federal government through NPA to boost the economy.


The Managing Director however, appealed to captains of industry, heads of parastatals and entrepreneurs to partner with the Federal Government in creating a vibrant and stable economy.


Signed

  

Chief Michael Kayode Ajayi

General Manager Public Affairs.

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