Nigeria’s manufacturing sector’s GDP contribution growing

11 Dec Nigeria’s manufacturing sector’s GDP contribution growing

The Minister of Industry, Trade and Investment, Adeniyi Adebayo has said the manufacturing sector in Nigeria is making progress in its contribution to GDP.

He spoke at the commissioning of the Nigerian Breweries N5.1 billion automated PET line at Ijebu Ode brewery, Ogun State.

“This commissioning is a testament to the fact that even though we have quite a way to go, we are heading in the right direction of attaining our goal of increasing the contribution of the manufacturing sector to GDP and becoming the preferred manufacturing hub in Africa,” a statement by the minister’s spokesperson, Ifedayo Sayo, quoted him as saying.

He said the commissioning of the new production line was auspicious as the federal government seeks to provide an enabling environment for businesses to grow and create job opportunities for citizens.

“I am indeed pleased that the Nigerian Breweries is playing a strategic role as a key investor in the economy leveraging on its pedigree and commitment to adopting the latest technology designed with world class safety and quality standards to deliver new and innovative products of premium quality.”