Accelerated Industrial Revolution: Ministry Develops Growth Plan, Minister Launches STYEI

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By; JACOB ONJEWU DICKSON
An all inclusive industrial plan tagged ‘Nigeria Industrial Revolution Plan (NIRP) has been developed by the Federal Ministry of Industry, Trade and Investments (FMITI) to position and accelerate Nigeria’s industrial growth.
Minister of Industry, Trade and Investments, Dr. Okechukwu Enelamah disclosed this on Wednesday in Kaduna at the official launching of the Shade Tree Youth Empowerment Initiative (STYEI) at Peugeot Automobile Nigeria (PAN).
“NIRP designed to accelerate the industrial development through collaboration among government establishments, private sector and individuals.
“In the same vein, FMITI through its implementing agency, National Automotive Design and Development Council (NADDC) is implementing Nigeria Automotive Industry Development Plan (NAIDP) to fast track the development of the sector,” he added.
The minister who was represented by the Director Engineering in the ministry, Engineer John Aboje assured that government will collaborate with relevant stakeholders in implementation of the STYEI project.
“In the course of implementation of STYEI, it is recommended that the board of STYEI management should liase with NADDC and the Industrial Training Fund (ITF) on capacity building. It is also important to inform you that FMITI is ever willing to support strat-ups/new business development in SMEs,” he stressed.
STYEI is a corporate social responsibility programme of PAN  in collaboration with interested agencies and corporate bodies.
It is aimed at providing a formalized operating structure for the largely loose, fragmented and unregulated auto mechanics across the country with a strong value proposition if adequate capitalisation, training, organisation, compliance with specific standards and business growth trajectory.

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