Soludo Urges Support for Agenda to Boost Economic Sustainability

Chinwe Onuigbo, Awka

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Anambra State Governor, Prof. Charles Soludo, has advocated for national economic sustainability through collective support for indigenous companies at the Abuja Business and Investment Summit.

Governor Soludo emphasised the importance of the “Nigeria First” agenda to encourage private sector participation, particularly among local investors. He highlighted the need to nurture domestic capital and support local enterprises for long-term sustainability.

Addressing the event’s theme of “Optimising Investment Through Partnerships,” Soludo urged the government to mitigate risks associated with strategic investments. He also emphasized the significance of the oil and gas sector in Nigeria’s economic growth and called for an increase in daily oil production to boost foreign exchange reserves.

The Governor expressed optimism that stabilising forex rates and loosening monetary policies would lower interest rates and facilitate increased domestic and foreign investment. Promoting ease of business and improving security were also identified as crucial factors for economic recovery.

Distinguished figures including the Minister of the Federal Capital Territory, Nyesom Wike, and heads of foreign missions attended the event, emphasising the importance to support local businesses for the country’s economic growth and sustainability.

 

 

 

 

 

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