THE Federal Government, yesterday, created the Ministry of Trade and Investment in line with its promise to transform the economy within the next four years.
It also announced the setting up of $500million capital for small and medium scale companies at single digit interest rate.
The fund which will be administered by the new ministry in collaboration with Lagos Business School is aimed at breaking the country’s vicious circle of poverty through aggressive and productive investment drive.
It will be headed by former Minister of Finance, Dr. Olusegun Aganga.
Good idea, hope the ministry will be productive, because the rate of unemployment in Nigeria currently is just too high. A lot of us are still actively job hunting...lets watch and see
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