FG to harness power of trade as catalyst for growth, prosperity

The Foreign Affairs minister, Ambassador Yusuf M. Tuggar , Friday, assured of federal government’s commitment towards harnessing power of trade as a catalyst for growth and prosperity of the country.

Tuggar stated this at Awka, Anambra state capital, during a sensitisation workshop on ECOWAS Trade Liberalisation Scheme (ETLS), an initiative geared towards enhancing cooperation and integration in trade and economic stability within the region. 

The minister, represented by Ambassador Obinna Onowu, urged businessmen and businesswomen, including organised private sector in Southeast geopolitical zone to enroll into the scheme with a view to booming their businesses and growing the economy.

“By embracing the ETLS, together we will pave the way for Nigerian companies to thrive in the regional market, thereby boosting the influx of foreign exchange and fortifying our economic resilience. It represents an ideal opportunity to foster greater economic integration, and

unlock the immense potential of intra-regional trade,” he added.

In their various contributions, the governor of Anambra State, Professor Chukwuma Soludo represented by his Chief of Staff, Mr Ernest Ezeajughi and his Ebonyi State counterpart, Rt. Hon. Francis Nwifuru, represented by the State commissioner for Commerce and Industry, Mr Oguzor Offia Nwali assured commitment of the zone towards harnessing ELTS and other government initiatives for economic growth.

“We are willing to participate on anything that is transpersnt and promote business friendly. We must promote all policies to ensure that our integral policies and economic instability can be reversed as gain exposure and export our existing frameworks,” Soludo added.

Earlier in presentations, the Head of ECOWAS Unit in the Ministry of Industry, Trade and Investment, Mr Zack Yohanna disclosed that there are numerous business windows and opportunities for the zone to key into, while Mrs Kadiri Halima from NAFDAC assured commitment of the agency to promote wellbeing.