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Post date: Sep 6, 2010 7:51:29 AM
Olusegun Aganga 10% growth
Nigeria's economy will hit double-digit growth
by the end of 2011 : 2012,
the country's finance minister Olusegun Aganga
has told the BBC.
Mr Aganga, a former managing editor at Goldman Sachs, said investors were now pounding at his door.
source: bbc.co.uk | ekoakete.com
Brazil, Germany and China
Mr Aganga says countries like
Brazil, Germany and China
all want to invest in Nigeria
Manufacturing still less than 5% but ITC stong
The minister said that it was regrettable that the manufacturing sector contributed less than five per cent to the GDP recorded in the first half of this year.
Aganga said that that ICT sector, which is in its infancy in Nigeria, contributed more to the GDP than the manufacturing sector.
He said that the Federal Government attached importance to the manufacturing sector because of its ability to create jobs and improve the productive base of the economy.
“You (the manufacturing sector) are a very important sector, but we want you to move from being important to being significant,” he said.
Aganga said that the manufacturing sector could grow by double digit and that Nigeria was on the threshold of joining Brazil, Russia, India, and China as foremost emerging economies.
“This is what we want, and we shall rely on you to achieve it,” he said.
source: ekoakete.com
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