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Jonathan lauds gains from power privatisation

The president stated this in a Facebook post on Tuesday.“By successfully privatising our power generation and distribution infrastructure, we have attracted the type of funds…

The president stated this in a Facebook post on Tuesday.
“By successfully privatising our power generation and distribution infrastructure, we have attracted the type of funds and personnel that will raise the capacity of the power sector to power up industries and mechanised farms,” he said. He added: “Under my watch, I assure the local and international business community that the Federal Government places a high premium on promoting economic growth.”
Jonathan said his government would continue to implement policies on as many products as Nigeria has  comparative advantage in, in order to provide jobs and opportunities for all Nigerians.
The president said his administration would do this with the kind support of all Nigerians.
He said at the inception of his administration on May 29, 2011, Nigeria was a cement importing nation.
He said, “However, with a determined implementation of the Backward Integration policy on cement, we’re today a net exporter of the product as well as its largest producer on the African continent. That was only a beginning. We’re committed to re-enacting that feat with other products including rice, fertiliser and cassava for which we’ve since grown to be the world’s largest producer.”

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