The Vice President, Alhaji Namadi Sambo, has stated that over N220
billion has been released by the federal government as take-off grant to
support small medium enterprises in the country.
Alhaji Namadi Sambo, who stated this yesterday during the official
opening of Lifetime Africa Achievement Prize Economic Forum in Uyo
said the federal government, through the gesture, has started
encouraging the production of between 1.5 million and 2 million tons of
rice locally.
He explained that agriculture has been turned to a big business by
reducing the cost of food import by $2 billion in the country.
Alhaji Sambo further said that in the last three years, government had
also established 12 new functional universities in the country to address
specific areas of development.
On the control of Ebola viral disease, he said President Goodluck
Jonathan took the outbreak of the disease seriously and assured of the
country’s readiness to support other African countries to eradicate the
disease.
Commenting on electricity supply, Namadi remarked that the president
had prioritized power supply and hoped that by 2018-2020, Nigeria
would produce about 20,000 megawatts for transmission. ads
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