12 mars 2025, 11:25 am

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NIGERIA GOV’T COMMITTED TO IMPLEMENT LAWS PROMOTING ECONOMIC PROSPERITY

Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole has disclosed that the federal government is committed to implement laws supporting investment retention and promoting economic prosperity. She was speaking at the 15th-anniversary lecture of T and A(T&A) Legal in Lagos.

 

Speaking at the 15th anniversary lecture of T&A Legal in Lagos,Nigerian Minister of of Industry, Trade and Investment, Jumoke Oduwole affirmed the government’s dedication to implement laws supporting investment retention and promoting economic prosperity.

The event which attracted experts in law and finance and as well government officials held under the theme « Driving the Future Economy in Nigeria: The Catalytic Role of Law, » saw the minister explaining the government’s ambitions to leverage trade policy to draw more investments into the country, stressing its commitment to operationalising the African Continental Free Trade Area (AfCFTA) to facilitate trade across Africa and beyond.

Speaking at the event as well was the Chairman of Federal Inland Revenue Service (FIRS), Zachaeus Adedeji, noting that the role of law extends beyond regulatory mechanisms to becoming a tool for innovation, inclusion, and unlocking Nigeria’s vast resources as he maintained that efficient, fair, and transparent tax laws empower governments to provide essential infrastructure, education, and healthcare while fostering compliance and a sense of shared responsibility among citizens.

Oduwole affirmed that the government firmly believes that without supporting businesses operating in Nigeria, the country will not attract the necessary investments to catalyse our economy.

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