By Miriam Humbe
Permanent Secretary, Federal Ministry of Industry, Trade, and Investment, Dr Evelyn Ngige, on Monday, welcomed to the Ministry, Mr. Jang Sun Min Senior Secretary for ‘Future Strategy’ to the President of the Federal Republic of Korea.
The Korean Special envoy led an 8-member delegation, including Kim Young Chae the Ambassador of the Republic of Korea to Nigeria.
Director, Press and Public Relations Department in the Ministry, Adebayo Thomas said this in a statement signed on Monday.
Dr Ngige reaffirmed the Federal Government’s commitment to the growth and development of Nigeria’s economy, job creation, and poverty reduction.
She said that, “Federal Ministry of Industry, Trade and Investment (FMITI) deliver on this mandate by creating an enabling environment for businesses to thrive, establishing an industrial base, lubricating the wheels of commerce, and instilling confidence in economic activities.”
The Permanent Secretary applauded the Bilateral relations between Nigeria and Korea and agreed that there were many areas to jointly explore while noting the need for increase in the volume of trade between the two countries.
Ngige said that the Ministry was at the forefront of the government’s drive at the “Ease of doing business in Nigeria which also necessitated the reviews of the Trade and investment policies.”
She said that in accordance with Executive Order 001 and to promote business transparency, the Ministry had modernized and upgraded the One-Stop Investment Centre (OSIC), which quickly resolved investor problems by bringing them and the required Government Agencies into a “Laboratory” until the issue was resolved.
The OSIC Lab had practically assisted the policy reforms, protecting existing and future investments, encouraging investment while creating and protecting jobs.
Speaking earlier, the Korean Special Envoy, Jang Sun Min expressed his delight to be in Nigeria.
He said the Nigerian economy post Covid -19, looked more vibrant than most economies he visited in the last few months.
Referring to the Nigerian economy as young and promising, Mr. Jang Sun Min noted that the dynamic and vibrant Nigerian economic environment presented a basis for more cooperation, which perhaps could make Nigeria develop faster.
He said that the partnership with Nigeria is a win-win situation for both countries in the nearest future.
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