Governor Akinwunmi Ambode of Lagos has said that based on the dwindling revenue from oil, the country should pay more attention to the non-oil sectors of the economy.
The governor said this during the closing ceremony of the Lagos International Trade Fair which took place at the Tafawa Balewa Square on Sunday, November 15. He said Nigeria must take other sectors serious so as to get enough resources to address the need of the people.
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Governor Ambode said that the problem in the oil sector could be solved by developing alternative sectors that could increase the revenue in the country.
Making reference to the theme of the trade fair, “Enhancing Value Addition In The Non-Oil Economy,” the governor said Lagos was already at the forefront of developing non-oil sectors. He said 65 percent of the nation’s non-oil Gross Domestic Product, and over 60 percent of the country’s value added manufacturing came from the city.
He urged Nigerians to support President Muhammadu Buhari as he was committed to transforming the current challenges to opportunities for sustainable economic growth.
He urged investors to key into the opportunity in Lagos as the city was open for business.
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Alhaji Remi Bello, the president of the Lagos Chamber of Commerce and Industry urged the government to improve on infrastructure, quality framework and funding, so that business will be able to operate smoothly.
He also acknowledged the effort of Lagos for being a worthy partner to the success of the trade fair.
Lagos State Governor, Mr. Akinwunmi Ambode (right), receiving the Best State Pavilion Award from President, Lagos State Chambers of Commerce & Industry (LCCI), Alhaji Remi Bello, during the closing ceremony of the 2015 International Trade Fair, at the Tafawa Balewa Square,
Lagos State Governor, Mr. Akinwunmi Ambode (4th left); past President, LCCI, Chief John Odeyemi; Asiwaju Solomon Onafowokan; Vice President, LCCI, Chief Onikepo Akande; President, Lagos State Chambers of Commerce & Industry (LCCI), Alhaji Remi Bello; Commissioner for Commerce, Industry & Cooperatives, Prince Rotimi Ogunleye; Chairman, Trade Promotion Board, LCCI, Chief Michael Olawale-Cole (right) and President, ICAN, Otunba Olufemi Deru, during the closing ceremony of the 2015 International Trade Fair,
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