Development Of The Non-oil Sector Will Yield Tangible Results
Channel: Prof. Yemi Osinbajo
Date: 2022-04-27

NEPC National Conference On Non-Oil Exports Themed: "Export For Survival"

"The strategic objectives of the National Development Plan show clearly where we are headed in terms of non-oil revenue and this includes establishing a strong foundation for a diversified economy, investing in critical infrastructure, enabling human capital development and improving governance and strengthening security, all of which will certainly contribute to achieving our national development aspirations.


The cornerstone of the thinking around the plan is productivity. We have to focus all of our attention on being productive; local investment is perhaps even more important than foreign investment.


Once we enable the environment for local investment, once we show that our sole focus would be on productivity, with also the guiding principles for our regulatory agencies, it is the productivity that will bring the jobs, income, growth and respect. The focus of the plan is productivity and that will be the watchword of our economy as we go forward.

 
We are determined to accelerate our efforts through holistic stakeholder input and this is why this conference is of immense value. The robust multi-sectoral representation underlies your well-considered appraisal of the wide spectrum of our no-oil sector value chain. And we trust that your deliberations and vigorous exchange of ideas will yield practical and far-reaching recommendations, which we believe will further reinvigorate the non-oil sector and the economy at large.


We hope that in the coming months and years, all of the efforts which have been put into developing the non-oil sector will begin to yield tangible results, and all of our partners, especially the private sector will see the plans as being genuine and will remain more committed to developing the Nigerian economy."


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Oluyemi Oluleke “Yemi” Osinbajo is a Nigerian lawyer and politician who is the current Vice President of Nigeria, in office since 29 May 2015.

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