In a big move to grow the economy and improve its global image, the Federal Government has doubled down on its promise to make Nigeria more competitive in raw materials and product development.

Economic Growth and Economic Development - Paper Tyari

This promise was clearly shown at the National Consultative Committee on Competitiveness (NCCC) conference. This event brought together people from many different areas to talk about how Nigeria can better compete in raw materials and product development. The keynote speech was given by Chief Uche Geoffrey Nnaji, the Minister of Innovation, Science, and Technology. He stressed the need to turn Nigeria’s plentiful raw materials into top-quality products.

He pointed out that using biotechnology and other modern technologies can help achieve food security and grow the economy. The conference provided a place for detailed discussions on the policies and strategies needed to use Nigeria’s vast resources effectively. Participants highlighted the importance of working together between the government, private sector, and academia to boost the nation’s global competitiveness.

In his address, Chief Nnaji emphasized that focusing on innovation and technology is crucial for long-term economic development. He urged everyone involved to back the national strategy, making sure Nigeria can create high-quality products that meet global standards.

The NCCC conference represents a significant step in making Nigeria a major player in the global market. It lays down a strong plan for improving the quality and competitiveness of the country’s raw materials and products.