Abuja - The ruling People's Democratic Party (PDP) said it had in the last 15 years provided an enabling environment that empowered local entrepreneurs to flourish.
The party in a statement by its National Publicity Secretary, Olisa Metuh, said application by successive PDP administrations, of policies as enshrined in the party’s ideology and manifesto has created and sustained an investment friendly environment and empowered Nigerian businesses to thrive in all spectrums of the economy.
“The growth of the private sector under the PDP has been phenomenal. This did not happen by chance," he said.
"Our governments at all levels have been guided by our economic policy, which directs the creation of a dynamic economy in which market forces are combined with the forces of partnership, solidarity and cooperation for the benefit of the people."
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Metuh said the hallmark of the PDP administration remains the policy of transfer of wealth from the public sector to hardworking and enterprising Nigerians.
This has not only revived and empowered the private sector but also expanded the nation’s economic frontiers with an unprecedented growth in small and medium scale enterprises, which has helped in providing employment for citizens.
Entrepreneurs had fared better more than ever before under the party administration and more private businesses have sprung up, he said.
The party added that the country had witnessed a revolution in the retail sector with reputable international concerns establishing in Nigeria and recording impressive performance following the nation’s encouraging demographics and stronger purchasing power of citizens.
- CAJ News
- CAJ News