The Deputy Speaker, House of Representatives, Benjamin Kalu, has revealed that the parliament is working on several bills to effectively promote Small-Scale and Medium Enterprises in Nigeria.
Kalu said that Nigeria, under the leadership of President Bola Tinubu, has already witnessed a series of transformative reforms aimed at repositioning the nation on the
path to sustained economic growth.
A statement by his Chief Press Secretary, Mr. Levinus Nwabughiogu, stated that Kalu disclosed this at the groundbreaking ceremony of the Abia Innovation Industrial Park in Owaza, Ukwa West Local Government Area of the state on Saturday, where he joined the state governor, Alex Otti, to perform the ritual.
Initiated by the state government under the leadership of Otti, the project is expected to foster economic growth, create jobs, and position the state as a hub for innovation and industrialisation when completed.
He said, “The 10th National Assembly, under the dynamic leadership of the speaker and myself as deputy speaker, has been working tirelessly to complement these reforms with legislative actions that support economic growth and development.
“We understand that a conducive legislative framework is critical to the success of initiatives such as the Abia Innovation Industrial Park.
“Our legislative agenda is centered around creating an environment that encourages innovation, entrepreneurship and sustainable development.”
Kalu added, “We are actively working on bills and policies aimed at promoting small and
medium-sized enterprises (SMEs), enhancing the ease of doing business, and attracting both local and foreign investments.
“It is not just the Abia State Government that is at work here. We are fortunate to find ourselves in an era of remarkable leadership at the federal level. Under the Bola Ahmed Tinubu presidency, Nigeria has witnessed a series of transformative reforms aimed at repositioning our nation on the
path to sustained economic growth.”
He further said that the industrialisation of the state is not only a dream but also a well-thought-out strategy, stressing that it aligns perfectly with the broader national goals of achieving self-sufficiency and economic prosperity.
“This groundbreaking ceremony not only marks the beginning of a new industrial park but also symbolises our unwavering commitment to honouring the giants of our past while forging ahead into a brighter future.
“This is the beginning of a new era. An era where innovation, industry, and opportunity will flourish. An era where the dreams and aspirations of our youth and entrepreneurs will find a home, and where Abia State will shine as a beacon of progress in our great nation,” Kalu said.
Share your story or advertise with us: Whatsapp: +2347068606071 Email: info@newspotng.com
