MINILS/Savannah Centre partner on industrial economy
The Michael Imoudu National Institute for Labour Studies (MINILS), and the Abuja based non- governmental organization; Savannah Centre for Diplomacy, Democracy and Development (SCDDD) are set to compliment the economic diversification drive of the Federal government through joint collaborative mass education of workers and political class on entrepreneurship, Industrialization and value addition.
Rising from one-day Round Table Policy Dialogue on “Reviving the Nigerian Industrial Economy” organized by the two centers on Tuesday in Abuja, the two parties agreed to promote awareness about the provisions of the new National Development Plan (NDP) 2021 – 2025 by President BUHARI with respect to creation of 21 Million New Full-Time Jobs and uplifting 35 million Persons Out of Poverty by 2025.
Leading the discussion on the role of Labour to Industrialization in Nigeria, Director General of MINILS, Comrade Issa Aremu had observed that while oil and gas and solid minerals are exhaustible resources, the key to real transformation and economic recovery of Nigeria lies in manufacturing and industrialization.
According to him, Nigeria had no business in lamenting poverty “when it can and should generate wealth by increasing domestic capacity utilization of the existing industries, revive the closed factories and create mass decent jobs”.
He hailed the recent launch of the new National Development Plan (NDP) 2021 – 2025 by President BUHARI noting that the Plan’s objectives of Economic diversification, Investment in infrastructure, security and good governance & education and healthy population were capable of re-industrializing Nigeria.
