Enugu gov, labour minister advocate coordinated efforts in economic diversification

The governor of Enugu State, Mr. Ifeanyi Ugwuanyi, and the Minister of Labour and Employment, Dr. Chris Ngige, yesterday advocated coordinated efforts at all levels of government aimed at diversifying the nation’s economy from its present mono-economy status.

They spoke in Enugu when the minister, accompanied by the management team of the National Directorate of Employment (NDE), paid the governor a courtesy visit on their way to the 27th Enugu International Trade Fair.

Both the governor and the minister observed that the diversification of the nation’s economy would reduce her over dependence on oil for survival, especially now that oil price has crashed by two thirds of what it was a year ago.

They maintained that the advocated measure of diversification had become necessary, as it would bring a permanent end to the uncertainties associated with oil as the major income earner for the country.

Governor Ugwuanyi told the minister that Enugu State government has resolved to seek other sources of income that would create wealth and harness other potentials free from oil money that had blinded other sectors in the past.
According to the governor, “in pursuit of this goal, we have among other things, scheduled an International Investment Summit to hold here in Enugu from 12th to 14th of April, 2016 that would help us showcase the rich potentials of the state to investors around the world.

‘´I am sure that the Hounourable Minister will be willing to help us secure necessary support from Federal Government to ensure that these noble efforts to attract investors and boost economic activities in the state and region, yield the desired dividends”, he said.