…adopt strategy of cluster development and Public Private Partnership
Federal Government and Association of Agriculture and Industrial Entrepreneurs of Nigeria (AIEN) on Thursday signed a Memorandum of Understanding (MoU) with a view to enhancing the production and utilisation of agro-raw materials for local industries and for export.
The Director General, Raw Materials Research and Development Council (RMRDC), Dr Hussaini Ibrahim, who signed the MoU on behalf of government with National President of AIEN, Chuku Wachuku noted that government is making efforts to ensure that both local and foreign investors participate in Nigeria’s National growth by patronizing locally produced agro-materials.
Ibrahim also disclosed that government has adopted the strategy of Cluster Development Initiatives and Public Private Partnership (PPP) in order to reduce the rate of unemployment ravaging the country to the bearest minimum.
According to him, “The council has come up with cluster development strategy for which the federal ministry of science and Technology has adopted the Ward-based Cluster programme for the utilization of local raw materials for indistries.
“We found it necessary to adopt the strategy of cluster development of Initiatives and Public Private Partnership (PPP) as the new direction to go for realising growth and National development because of the huge socio-economic benefits that it holds for the nation.”
While reacting, the National President of AIEN, Wachuku, urged the government to always implement favourable policies to lure in capable investors if it really want to weed out unemployment.
He stressed that his organization would continue to collaborate with interested states in all the 774 local government areas to advance its course.
“We expect to engage 250-500 members of AIEN per as primary entrepreneurs and also seek partnership with financial institutions to raise the needed capital,” Wachuku said.