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Jonathan calls for Nigeria's industrialization

18 October 2013, 08:38Augustine Osayande

Abuja - President Goodluck Jonathan on Thursday assured the nation that he would continue to do everything possible to promote the rapid diversification and industrialization of economy in order to create more employment opportunities.

Speaking at an audience with a delegation from one of the successful bidders in the on-going privatization of the country’s power generating companies, Jonathan said the Federal Government would continue to encourage investors who will support its efforts to create more jobs for qualified Nigerian youths by increasing the local production of goods and services.

“The population of our young people is high. If we are unable to provide jobs for these young people, the country could face serious problems.

"...that is why we will continue to encourage companies like yours which can contribute to the training and employment of young Nigerians,”
Jonathan said.

He reaffirmed his Administration’s full commitment to the efficient implementation of its road-map for the development of Nigeria’s power sector, saying that government would ensure international best practices and standards when executing its privatization of power sector assets.

Jonathan said his government was particularly pleased that the recent bidding for some of Nigeria’s power generation and distribution companies had been considered transparent and fair by the international business community.

Reacting to president Jonathan, President and Chief Executive Officer of Alstom, Patrick Kron, said the local companies would rise to the occasion in order to boost the country's energy sector.

“We will continue to do more in line with globally-accepted business standards and ethics,” Kron said.

He said his company, Alstom, which is one of the world’s leading power engineering and infrastructure companies, would work with the Federal Government and the French Government on capacity-building schemes to train more Nigerian youth in the field of power engineering and technology.

He was accompanied to the Presidential Villa by the French Ambassador to Nigeria, Jacques Champagne de Labriolle and the Managing Director of Alstom (Nigeria) Limited, Victoria Adefala.

- CAJ News


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