Kadinvest 2.0: Buhari promises to support private sector to drive economic growth

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[Kaduna]–President Muhammadu Buhari says the federal government will continue to support the  private sector to provide investment that  will drive economic growth.

The president made this statement on Wednesday in his good will message at the Kaduna Economic Summit 2.0. in Kaduna state

The president said that his administration considered as urgent priority, the creation of a prosperous economy where “sustainable jobs and opportunities can be provided for the” Nigerian youths.

Speaking further, the president noted that Ease of Doing Business was established to cut the archaic bureaucracy attached to the activities government agencies in charge of starting up business in the country.

“That is why we launched the committee on the Ease of Doing Business in the early life of this administration.

“The committee mandate is to simplify the process and procedures for starting and running a business  so that the cobwebs of archaic bureaucratic and administrative tradition do not​ stifle initiative or needless exacerbate the cost of doing business,” the president said.

While commending the Kaduna state government for replicating the Ease of Doing Business committee, Buhari said the state government understands the responsibility of sub-nations in the quest for national rebirth.

The KADinvest 2.0 with the theme: Making Kaduna the Investment Destination Choice, has the Emir of Kano, Sanusi Lamido Sanusi as the keynote speaker and will last through April 5 and 6, 2017.

The guest speakers are Chief John Odigie Oyegun, UK Ambassador and the US Ambassador.

KadInvest 2017  is an avenue for investors and donors to interact with top Government Officials and Executives in the state, with the view to ensuring that investor/donor funds are targeted to the most viable priority sectors and ultimately have the desired impact of job creation and social development in real terms.

Through the unveiling of the Ease of Doing Business Charter, the summit will highlight the innovative approaches such as, process mapping and digitization that the state is employing to attract and keep high value investments.

In addition, the summit will be an avenue to showcase for the benefit of potential investors; completed and ongoing projects in priority sectors that are geared towards sustainable job and wealth creation & measurable social and environmental impact, the summit website has noted.

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