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Home Economy/Technology

Industrial hubs critical in growing Nigeria’s economy — FIRS

Economy

The Matters Press by The Matters Press
October 2, 2022
Reading Time: 2 mins read
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Experts seek implementation of economic development plans

The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that a beautiful Nigeria is possible with the proliferation of entrepreneurship and industrial hubs.

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This is contained in his goodwill message to commemorate Nigeria’s 62nd Independence Day Anniversary.

According to Nami, the adoption of this model would create all-round economic transformation.

The FIRS boss urged Nigerians to invest in creating entrepreneurship and industrialisation hubs as they hold the “key to unlock the massive economic potentials in the country.”

He also urged state governments to emulate Ondo State’s entrepreneurship village, which was set up to groom and harvest talents for the industrialisation of the state.

Nami said that setting up similar hubs in the states would serve as a way of channeling the energies of young Nigerians to productive use.

“Nigeria is a country with limitless potential. We are a resilient and talented people and what these young Nigerians need is the enabling environment to thrive.

“A good place to start is the setting up of entrepreneurship and industrial hubs across every state in the country.

“This would set off a chain-reaction that would turn around the fortunes of the country and tap into the potential of our vast young and dexterous population,” he said.

Nami further said that adopting and deploying the model would tackle unemployment and insecurity, while spurring economic activities in their states.

“The model will take young people away from the streets and put them into productive activities.

“You will be surprised the amount of jobs that would be created.

“Multitudes would have their lives changed and an abundance of economic activities would be sparked across the nooks and crannies of our country in an unprecedented manner.

“Nigeria has what it takes to lead the world, and this is one way to go, ” Nami said.

The FIRS boss also tasked Nigerians to see themselves as the drivers of the country’s development through their patriotic conducts such as the payment of taxes.

“I am a firm believer that each of us has a role to play in building the Nigeria of our dreams.

“But we can only achieve this when we are patriotic and carry out civil obligations expected from us, such as respect for law and order, paying our taxes, and loyalty to our country,” he said.

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