Nigeria approves establishment of Industrial Council

The Federal Executive Council has approved the establishment of the Nigeria Industrial Policy and Competitiveness Advisory Council to enhance the performance of the Nation’s industrial sector.

The Minister of Trade, Industry and Investment, Mr Okechukwu Enelamah, made this known in Abuja on Wednesday at the end of the council meeting presided by President Muhammadu Buhari‎.

Enelamah said the Advisory Council, to be chaired by Vice-President Yemi Osinbajo, would assist the government in formulating policies and strategies for enhancing the Nation’s industrial sector.

“We received approval for the establishment of Nigeria Industrial Policy and Competitiveness Advisory Council.

”The main aim of this council is to assist the government in formulating policies and strategies that will enhance the performance of the industrial sector in furtherance of the country’s industrialisation programmes.

“So, the purpose of the Industrial Council is to create platform for partnering with the private sector and other interests to work together to make sure that we achieve our industrialisation goals.

“The Council will be chaired by the Vice-President and it will include a number of ministers and also leading members of the private sector.”

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