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Published On: Fri, Jan 17th, 2020

Industry Minister inaugurates task force on Nigerian Foreign Trade Academy

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By Miriam Humbe

Minister of Industry, Trade and Investment, Otunba Richard Adebayo, has said that the establishment of the Nigerian Foreign Trade Academy (NFTA) would be a center of excellence for the purpose of training trade policy experts whose sole responsibility is to craft, monitor and negotiate trade rules in a contemporary world and promote economic growth of the country.
Adebayo disclosed this while inaugurating members of the task force on Wednesday in Abuja.
He emphasized that trade was highly beneficial to the poor and if properly harnessed can eradicate poverty and lift 100 million Nigerians out of poverty in the next 10 years as promised by President Muhammadu Buhari.
He urged members of the Task Force to work assiduously to ensure a synergy among the relevant agencies considering the enormous benefits of trade in creating an enabling environment to attract foreign direct investments into the economy.
Permanent Secretary, Dr. Nasir Sani-Gwarzo, who doubles as chairman of the task force said that trade has been identified as the major tool that drives development in any society.
The Chairman further said there was every need to train and retrain the work force using modern techniques to become professionals and authorities in the various aspects of trade discipline.
Dr. Gwarzo applauded the vision of the Minister for embarking on this huge and worthy task and also thanked the President of Dangote of Group, Alhaji Aliko Dangote for partnering with the Ministry to build a global standard trade academy in the country.

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