• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

Governments at all levels should ensure private sector development – FG

William Ukpe by William Ukpe
December 20, 2020
in Business
Governments at all levels should ensure private sector development – FG
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government stated that governments at all levels should prioritize private sector developments to improve the economy and create an enabling business environment.

This was disclosed by Mariam Katagum, Minister of  State,  Ministry for Industry, Trade and Investment, at the 2nd edition of the Bauchi state National trade fair and exhibition on Saturday.

READ: Africa’s economy to dip by 3.4% this year – AfDB President, Akinwumi Adesina

RelatedStories

Dangote Refinery

Dangote’s petrol distribution to save Nigerians N1.7 trillion annually, to boost 42 million MSMEs

June 30, 2025
BOI

FG disburses N2.25 billion to 16,696 MSMEs in Gombe  

May 2, 2025

She added that prioritization of private sector development comes through the enhancement and development of the private sector by putting in place effective policy measures and schemes to improve ease of doing business.

  • “Government is determined to provide an investment-friendly environment which is very crucial for accelerated economic growth and development.”

READ: Private sector to drive global economic recovery in 2021 – IFC Boss

The Minister stated that the FG has prioritized ease of doing business and also the infrastructure for economic growth, citing the adoption of policies aimed at promoting Micro, Small and Medium Enterprises (MSMEs) in the country, adding,

  • “This sector currently represents 96% of the businesses in Nigeria and contributes 75% of the National employment.”

READ: The long road from NITEL to NTEL and the dashed hopes

She also said the FG’s Economic Sustainability Plan (ESP) worked on sustaining economic growth and development to boost local content and push Nigeria towards self-sufficiency.

READ: Covid-19: Timeline of every pronouncement made by Nigeria to support the economy

What you should know 

  • Nairametrics reported that The Federal Government announced it will launch a National Investment Policy, which will entrench an investment-friendly environment that supports the sustainable development aspirations of the country.
  • Vice President, Yemi Osinbajo, announced that Nigeria needs to take a second look at how Small and Medium Enterprises (SMEs) are regulated, so as to improve the business environment for SMEs in Nigeria.

READ: FG approves $2 billion for first phase of $4.6 billion Ibom Deep Seaport


Follow us for Breaking News and Market Intelligence.
Tags: Business NewsMSMEsNigeria News
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

Dangote Refinery
Energy

Dangote’s petrol distribution to save Nigerians N1.7 trillion annually, to boost 42 million MSMEs

June 30, 2025
BOI
Business News

FG disburses N2.25 billion to 16,696 MSMEs in Gombe  

May 2, 2025
Nigerian government announces N198 billion syndicated loan for MSMEs from Q1 2025 
Business News

Nigerian government announces N198 billion syndicated loan for MSMEs from Q1 2025 

December 6, 2024
MSMEs, business, women
Business News

FG raises loan access for MSMEs to N5 million at 9% interest rate in 3 years 

November 30, 2024
FG plans lending scheme for clean energy adoption in Nigeria – BoI MD  
Business News

Bank of Industry raises $5 billion, plans N120 billion  support for MSMEs 

November 22, 2024
Small Business
Op-Eds

How a GAP analysis can help your small business identify financing needs for growth

November 19, 2024
Next Post
Crypto, Investors flock to US dollar, Gold, Bitcoin, as Global Stocks record heavy sell-offs, Twitter Poll: Bitcoin price expected to reach $100,000 by 2021, cybercriminals, What it will take Bitcoin to hit $100,000?

Bitcoin's transaction fees Jump by 344%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • AGF approves prosecution of Andy Uba, Benjamin Etu over alleged N400 million fraud 
  • EFCC arraigns Abel Sokari, Nkiruka Chukwuma and firm over alleged €49 million fraud attempt 
  • FIRS begins renegotiation of double taxation treaty with Netherlands amid tax reforms 

Follow us on social media:

Recent News

Federal High Court, REA

AGF approves prosecution of Andy Uba, Benjamin Etu over alleged N400 million fraud 

July 7, 2025
EFCC arraigns Abel Sokari, Nkiruka Chukwuma and firm over alleged €49 million fraud attempt 

EFCC arraigns Abel Sokari, Nkiruka Chukwuma and firm over alleged €49 million fraud attempt 

July 7, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics