Kaduna – Dr Abdul Alimi-Bello, the President of Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA), has advised the incoming administration to effectively manage the nation`s economy.
He identified the real sector of the economy as one of the areas he would want the Buhari administration to tackle in order to promote domestic production for overall economic growth.
“The current state of the economy is seriously affecting the real sector.
“People cannot access funds because the foreign exchange rate is so high, so also is the lending rate.
“The incoming administration should support the sector, manage the economy very well.
“It should try and improve security, reduce the level of corruption and review the rate of deposit so that the manufacturing sector will be perfect,” he said.
On the trade fair holding from April 24 to May 3, Alimi-Bello said the event would focus on promoting local production which is key to the economic growth of any nation.
“The theme for the fair is Promoting Domestic Production for Nigeria’s Sustainable Development. We need to, as a nation, promote local production which is key to the development of any economy.
“It is important to get our industries working so as to promote local production and create jobs,” the KADCCIMA president said.
He said that KADCCIMA had introduced various innovations to attract visitors to the fair.
“We have introduced lotteries to entice participants and visitors, and we have also designated a place to display wildlife just to educate children, especially students of primary and secondary schools, who have never seen these animals in real life.”
He said that the staging of the fair was moved forward from its traditional February date due to the general elections in the country.
Alimi-Bello said that the 40-year-old fair had over the years helped to stimulate economic growth and linkages which had strengthened the nation’s economy.
“At the end of this year’s fair, our aim is to show the international community that things are going well in Kaduna State, and show the people that the insecurity challenges are over.
“We have to move the economy and do our work right for a greater Nigeria.”(NAN)