Investment stakeholders task Nigeria government on right policies

Investment stakeholders have called on the Federal Government of Nigeria to continue to implement the right policies that will stimulate public private partnership in infrastructure building and re-engineering to enhance national competitiveness. The stakeholders made the call in their communiqué issued in Abuja at the end of the Seventh National Conference on “Investment” organised by the Nigerian Investment Promotion Commission (NIPC). The communiqué also urged government to re-focus its direct investment strategy by targeting and encouraging
Nigerians in the Diaspora to invest in the real sectors of the Nigerian economy. It also urged government to support Small and Medium Enterprises (SMEs) through appropriate policies that would facilitate proper business linkages between Trans National Corporations (TNCs) and SMEs. It enjoined government, through the Central Bank of Nigeria (CBN), to fast track the establishment of the Micro Small and Medium Enterprise (MSME) Development Fund. “This will create conditions that will make it easily accessible,” the communique added. It also called for the strengthening of the Bank of Industry (BOI) and Bank of Agriculture (BOA) to position them to perform their primary roles and objectives without undue interferences