• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

      EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

  • Fact-Check
  • Economy
    • Acting Controller General of Customs, Nigerian Customs Services, NSC, Ag. CG Bashir Adewale Adeniyi

      Customs Exposes Scam Over Form M Migration to B’Odogwu Platform

      CBN

      The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri…

      Ibrahim Yahaya Dandakata of Arewa Economic Forum AEF

      AEF Slams CBN’s New BDC Policy, Cites Threat to Northern Economy…

      Google Search Tech Digest

      7 Smart Google Search Tips That Will Save You Hours By…

      U.S. VISA

      REVEALED: Why US Reduced Visa Validity for Nigerians to 3 Months…

  • National
    • Buhari Laid to Rest in Daura as Tinubu, Shettima, World Leaders…

      BREAKING: Nigeria Bids Farewell as Former President Muhammadu Buhari Laid to…

      Gen Lucky Irabor and Muhammadu Buhari

      Beyond the Public Gaze: Gen Irabor’s Intimate Farewell to Buhari

      Tinubu Receives Buhari’s Remains in Katsina Ahead of Burial in Daura

      Late President Muhammadu Buhari

      Atiku, Osinbajo, Amaechi, Pantami, Others Storm Katsina for Buhari’s Final Rites

    • Government
      • Buhari Laid to Rest in Daura as Tinubu, Shettima, World Leaders…

        Gen Lucky Irabor and Muhammadu Buhari

        Beyond the Public Gaze: Gen Irabor’s Intimate Farewell to Buhari

        Kogi Confirms Arrest of Kidnappers’ Informants

        Late President Muhammadu Buhari

        Atiku, Osinbajo, Amaechi, Pantami, Others Storm Katsina for Buhari’s Final Rites

        JUST IN: VP Shettima Arrives Katsina With Late Ex-President Buhari’s Body

  • Security
    • Nigerian Police Force

      Police Nab Suspects Over Killing of Chinese National, Arrest 2 Others…

      Nigerian Police Force

      Lagos Police Arrest Suspected Armed Robber, Recover AK-49 Rifle

      Kogi Confirms Arrest of Kidnappers’ Informants

      Badaru and Matawalle

      Buhari’s Patriotism Will Never Be Forgotten — Ministry of Defence

      Police Officer

      Enugu Police Raid Firearms Factory, Recover 10 Guns

  • Features
    • Gen Lucky Irabor and Muhammadu Buhari

      Beyond the Public Gaze: Gen Irabor’s Intimate Farewell to Buhari

      Tribute to the Late Former President Buhari, By Vice Admiral Awwal…

      Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

      Customs, NAFDAC and the Fight that Matters

      Late President Muhammadu Buhari

      The Passing of a Mighty Warrior by Chief Femi Fani-Kayode

      President Muhammadu Buhari

      Buhari in his Own Words By Kabir Akintayo

  • State
    • Nigerian Police Force

      Police Nab Suspects Over Killing of Chinese National, Arrest 2 Others…

      Nigerian Police Force

      Lagos Police Arrest Suspected Armed Robber, Recover AK-49 Rifle

      Kogi Confirms Arrest of Kidnappers’ Informants

      Nigeria Engages US, UAE over New Visa Policies, Reaffirms Commitment to…

      Crowned Prince Salman of Saudi Arabia

      ‎Saudi Arabia Mourns Buhari’s Death, Condoles Tinubu

  • Event
    • Late President Muhammadu Buhari

      Northwest Governors Mourn Buhari, Declare Tuesday Public Holiday

      Late President Muhammadu Buhari

      UPDATE: Buhari’s remain for burial Tuesday 2pm – Gov Radda

      Alhaji Ibrahim Musa Suleja

      NIPOST Appoints Ibrahim Musa Suleja Director of Corporate Communications

      Asiwaju Adegboyega Solomon Awomolo

      47 Years of Excellence: Honoring Asiwaju Awomolo, SAN

      NCoS inmates

      58 Inmates in Kano Sit for 2025 NECO Exams, Thanks to…

    • PR Nigeria Award
  • E-Paper
Home Government Government Launches First Nigerian Annual Trade Policy Report, Says it Serves...
  • Government

Government Launches First Nigerian Annual Trade Policy Report, Says it Serves to Boost Economy- Enelamah

By
Enechojo Josephine
-
February 28, 2018

Government launches first Nigerian Annual Trade Policy Report,
says it Serves to Boost Economy- Enelamah
The Honourable Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah has launched the maiden edition of ‘2017 Nigerian Annual Trade Policy Report’ (NATPOR) during a press conference held in the Ministry, today, 27th February, 2018.
The Minister disclosed that the launch is an expression of Federal Government’s commitment to ensuring that trade and associated policies such as investment policy “serve as drivers for modernization, diversification, growth, development and job creation, which spy into Federal Government’s broad agenda of economic recovery plan and also the Nigerian Industrial Revolution plan.”
The Minister emphasized the significant role of trade towards growth and job creation in the economy. He disclosed that the statistics jointly produced by the Bureau of Statistics and Nigerian Office of Trade Negotiation (NOTN) in the period under review, that is, the Third Quarter of 2017 trade activities, import and export employed over 14% of Nigerian work force which is equivalent of about 10.8 Million people and 18% contribution to GDP next to Agriculture, which is 29.1%.
Dr. Enelamah pointed out that though the overall value of trade declined in 2014, but it has since rebounded back 2016, which necessitated the theme of this year edition of NATPOR which is “Trade for Modernization, Growth and Job Creation.” This, again he said is central to the Muhammadu Buhari’s Government’s growth agenda. “We are really focused on growth and modernization of our economy which are diversification and job creation”, said the Minister.
The Minister further disclosed that the report contained trade statistics that will be used to monitor, assess and re-negotiate Nigeria’s trading relationship with our trade counterparts. “These statistics shall be updated quarterly”, said the Minister.
The Minister also disclosed that “the launch of the report comes at a strategic moment and shows calculable progress and identity exciting opportunities in the economy for business. “The longstanding challenges in the Nigerian economy are being addressed. In the Second Qjuater of 2017, Nigeria exited five successive quarters of economic recession. Recovery and growth are now underway”, said Dr Enelamah.
According to the Minister, “Patience is required for the positive yields from corrective reforms to serious and longstanding economic and trade policy anomalies. Despite the effects of policy lag, the good news is that the economy is responding positively. From a post-recession growth rate of 1.5% in 2017, the economy is estimated to grow at 2.5% and better in 2018. Inflation is on a downward trend. In the 2017 World Bank Report on Ease of Doing Business ranking, the economy was moved up 24 places; Nigeria was ranked amongst the top 10 Reformers in the global economy. Positive FDI flow has improved and confidence has returned to the business community.”

Signed,
Josephine Ademu
For: Head of Press
Federal Ministry of Industry, Trade & Investment

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • economy
  • ENELAMAH
  • NATPOR
  • Nigeria
  • NRIP
  • TRADE AND INVESTMENT
Previous articleGOC Meets Stakeholders over Security Threat on Nigeria-Cameroon Border
Next articleBuhari Declines Assent to Nigerian Peace Corps Bill
Enechojo Josephine
Enechojo Josephine
Xing

RELATED ARTICLESMORE FROM AUTHOR

Buhari Laid to Rest in Daura as Tinubu, Shettima, World Leaders Pay Final Respects

Gen Lucky Irabor and Muhammadu Buhari

Beyond the Public Gaze: Gen Irabor’s Intimate Farewell to Buhari

Kogi Confirms Arrest of Kidnappers’ Informants

Late President Muhammadu Buhari

Atiku, Osinbajo, Amaechi, Pantami, Others Storm Katsina for Buhari’s Final Rites

JUST IN: VP Shettima Arrives Katsina With Late Ex-President Buhari’s Body

Nigeria Engages US, UAE over New Visa Policies, Reaffirms Commitment to Diplomatic Ties

Crowned Prince Salman of Saudi Arabia

‎Saudi Arabia Mourns Buhari’s Death, Condoles Tinubu

Tribute to the Late Former President Buhari, By Vice Admiral Awwal Z Gambo (Rtd) CFR

Late President Muhammadu Buhari

Nation Mourns as AGF Fagbemi and CJN Kekere-Ekun Laud Buhari’s Legacy

Kano Gov Appoints Yusuf Sharada Special Adviser on Digital Economy

Kogi SEMA To Establish Emergency Operation Centre

Late President Muhammadu Buhari

The Passing of a Mighty Warrior by Chief Femi Fani-Kayode

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Buhari Laid to Rest in Daura as Tinubu, Shettima, World Leaders Pay Final Respects
  • Police Nab Suspects Over Killing of Chinese National, Arrest 2 Others in Plateau
  • BREAKING: Nigeria Bids Farewell as Former President Muhammadu Buhari Laid to Rest in Daura
  • Lagos Police Arrest Suspected Armed Robber, Recover AK-49 Rifle
  • Beyond the Public Gaze: Gen Irabor’s Intimate Farewell to Buhari
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Buhari Laid to Rest in Daura as Tinubu, Shettima, World Leaders Pay Final RespectsPolice Nab Suspects Over Killing of Chinese National, Arrest 2 Others in PlateauBREAKING: Nigeria Bids Farewell as Former President Muhammadu Buhari Laid to Rest in DauraLagos Police Arrest Suspected Armed Robber, Recover AK-49 RifleBeyond the Public Gaze: Gen Irabor's Intimate Farewell to BuhariKogi Confirms Arrest of Kidnappers’ InformantsTinubu Receives Buhari’s Remains in Katsina Ahead of Burial in DauraAtiku, Osinbajo, Amaechi, Pantami, Others Storm Katsina for Buhari’s Final RitesJUST IN: VP Shettima Arrives Katsina With Late Ex-President Buhari’s BodyNigeria Engages US, UAE over New Visa Policies, Reaffirms Commitment to Diplomatic TiesFACT-CHECK: Was Sheikh Emami al-Hadi Arrested in Iran for Being a Mossad Spy?‎Saudi Arabia Mourns Buhari's Death, Condoles TinubuBuhari’s Patriotism Will Never Be Forgotten — Ministry of DefenceEnugu Police Raid Firearms Factory, Recover 10 GunsTroops Ambush Bandits, Eliminate 2, Recover Arms in Plateau
X whatsapp