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‘How states can partner private firms to boost productivity’

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Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA)

Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA)

To boost productivity, state governments should enter into arrangements with private organisations that support growth and provide opportunities for expansion of small businesses, so as to reduce the rate of unemployment.

This was the submission of the Managing Director of Nigeria Sovereign Investment Authority (NSIA), Uche Orji, during a courtesy visit to the management of Tuns Farms Limited in Oshogbo. Orji commended the company for promoting the Osun Broiler Outgrower Production Scheme (OBOPS).

He said the OBOPS scheme is exceptional and will help solve the challenge of food security in the country, noting, “This is an exceptional scheme, and not only will such a scheme create more jobs, but it will also solve the challenge of food security. This kind of scheme should be replicated all over Nigeria.”

In his remarks, Chairman of Tuns Farms Limited, Asiwaju Olatunde Badmus, commended the NSIA boss for his visit and assured him that the company plans to sustain the programme.

Asiwaju Badmus also noted that the economy of Nigeria would fare better, if local manufacturers had access to funding through government’s support.



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