For Nigeria to witness the desired economic turnaround next year, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for aggregate industrial development while implementing the 2018 budget.
The association noted that with aggregate industrial development, the Federal Government will no longer give undue attention to the oil and gas industry at the expense of other key sectors like agro-allied industry.
NACCIMA Director General Mr. Emmanuel Cobham said Nigeria should fast-track economic diversification by looking towards other key sectors like agriculture.
Hear him: ?We are where we are today in our Gross Domestic Product (GDP) level because we run almost a mono economy by being too much dependent on oil.
?When you aggregate contributions from other sectors, you will discover that things will soon change fo the better.?
Cobham spoke in Lagos, during the week at the graduation ceremony for third batch of Nigerian youths trained in Industrial Electronics at the on-going German Dual Vocational Training Partnership with Nigeria (G-DVTPW-N).
He scored the Federal Government high in its effort to ensure early submission, passage and implementation of the 2018 budget.
Cobham, however, called on all tiers of government and Nigerians to stand up against corruption and contribute their quota in moving the country?s economy forward in the coming year.
The five-year-old German vocational traineeship has trained scores of Nigerian youths in Office Administration, Technical Facility Management, Industrial Electronics and Industrial Mechanics.
Cobham described vocational training and skills acquisition as the best thing that could happen to any nation, adding that technical education is the bedrock of Nigeria?s future.
In her welcome address, NACCIMA President, Chief Mrs. Alaba Lawson, said through the German DVT programmes, more youths have been equipped with theoretical and practical technical knowledge, including the required hands-on experience to be gainfully employed or start their own businesses.