Vice President, Professor Yemi Osinbajo, says non-oil sector growth recorded recently indicates t nation’s growing resilience
Written by News Room on April 27, 2022
Vice President, Professor Yemi Osinbajo, says the non-oil sector growth recorded recently indicates the nation’s growing resilience, as well as decreasing susceptibility to shocks in the global oil market.
Professor Osinbajo stated this, on Tuesday, in his keynote remarks at a two-day National Conference on Non-Oil Export held in Abuja.
According to him, some of Nigeria’s best success stories are in the technology sector, as six technology companies built in recent years have become Unicorn companies valued at over a billion dollars each.
He stressed that the efforts of the government must succeed within deliberate collaborative frameworks that allow seamless cooperation between private and public sector operators, government agencies and states.
Kevin Madu
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Securities and Exchange Commission restates important role capital market plays in development of any nation through infrastructure funding. The Securities and Exchange Commission (SEC) has restated the important role the capital market plays in the development of any nation through infrastructure funding. Director-General of the SEC, Lamido Yuguda, stated this when a team from the Nigerian Economic Summit Group (NESG) visited the commission in Abuja. Mr. Yuguda said that the capital market can do more in the areas of provision of long-term funds to develop infrastructure for the country and support developmental projects. He also welcomed the collaboration with the NESG, stating that both organisations could do more to boost the economy of Nigeria. The SEC boss noted that the telecommunications companies are successful because the services are not free of charge. Kevin Madu
