{"id":48572,"date":"2022-11-08T09:21:30","date_gmt":"2022-11-08T09:21:30","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=48572"},"modified":"2022-11-08T09:21:30","modified_gmt":"2022-11-08T09:21:30","slug":"fg-diversifying-economy-from-oil-gas-ngige","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/11\/08\/fg-diversifying-economy-from-oil-gas-ngige\/","title":{"rendered":"FG diversifying economy from oil, gas \u2013 Ngige"},"content":{"rendered":"<header class=\"entry-header\" aria-label=\"Content\">\n<p class=\"entry-title\">Mrs Evelyn Ngige, the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, on Monday said the <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/11\/06\/lawmaker-seeks-buhari-intervention-over-alleged-persecution-of-apc-members-in-taraba\/\"><strong>President Muhammadu Buhari<\/strong> <\/a>administration was working hard to diversify the Nigerian economy from over-dependence on oil and gas.<\/p>\n<\/header>\n<div class=\"entry-content\">\n<p class=\"p1\"><span class=\"s1\">Ngige stated this during the opening ceremony of the 14th meeting of the National Council on Industry, Trade and Investment in Bauchi.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">According to her, the meeting could not have come at a better time than now when all efforts are being made by the federal government to further fortify the economy by devising means to diversify it from its present overdependence on the oil and gas sector.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">She said the National Council on Industry, Trade and Investment was the highest Policy Advisory Body in the sector, under the chairmanship of the Honourable Minister of State of Industry, Trade and Investment, Mariam Katagum.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The Permanent Secretary explained that the main purpose of the Council meeting was to brainstorm, strategise, deliberate and recommend policies and programmes aimed at addressing challenges facing the sector.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cToday, major economies, particularly in the developed world are driven by the industry, trade and investment sectors.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cWe must, therefore, redouble our efforts towards turning our industry, trade and investment sectors into the main engine of growth of the national economy for the common prosperity of all Nigerians.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cIt is important to note that decisions reached by the Council will be escalated for the consideration of the Federal Executive Council, after which the implementation of the decisions will be coordinated by the Federal Ministry of Industry, Trade and Investment.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cIn the next two days, our job here as technical officials will be to deliberate on all the Memoranda received and recommend appropriate decisions for presentation and consideration by the Ministerial Council on Thursday, 10th November 2022,\u201d she said.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Ngige, who revealed that the council had received over 70 memoranda from various Ministries, Department and Agencies (MDAs) for deliberations and consideration, urged the stakeholders to thoroughly examine them for appropriate recommendations.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">She said these recommendations would further strengthen the sector to deliver economic growth and development through industrialisation and increase investment in the local economy for employment generation and wealth creation.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">In her address, Hajiya Zainab Takko, Bauchi state Commissioner for Commerce and Industry, said the National Council meeting was an important forum where far-reaching decisions on industrial growth and development of the country were discussed.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">She added that it was a forum where workable solutions were proffered to move the nation towards economic independence and self-reliance in both the public and private domains of the economy.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The commissioner further said Bauchi State had keyed into numerous federal government programmes and initiatives bordering on commerce, industry and investment.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The five-day meeting was organised by the Federal Ministry of Industry Trade and Investment in collaboration with the Bauchi state Ministry of Commerce and Industry.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The theme of the meeting is \u2018Strengthening Industry, Trade and Investment sector in promoting development in the country.\u2019<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mrs Evelyn Ngige, the Permanent Secretary, Federal 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Ngige stated this during the opening ceremony of the 14th meeting of the National Council on Industry, Trade and Investment [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":48626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"custom","single_blog_custom":"42922","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"footnotes":""},"categories":[7],"tags":[181,832],"class_list":["post-48572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-federal-government","tag-president-muhammadu-buhari"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.4 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FG diversifying economy from oil, gas \u2013 Ngige &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/11\/08\/fg-diversifying-economy-from-oil-gas-ngige\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG diversifying economy from oil, gas \u2013 Ngige\" \/>\n<meta property=\"og:description\" content=\"Mrs Evelyn Ngige, the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, on Monday said the President Muhammadu Buhari administration was working hard to diversify the Nigerian economy from over-dependence on oil and gas. 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