Osinbajo said this while on a one-day working tour to Anambra state, where he visited various manufacturing plants.
Osinbajo also said that the Federal Government was committed to helping business in the country excel.
The Vice President said this while on a one-day working tour to Anambra state, where he visited various manufacturing plants.
Osinbajo also promised that the Federal Government will do everything possible to make sure investors come to the state.
While on a tour of Chikason Industrial Group in Nnewi, the VP said “I want to congratulate Chikason for the great work he is doing to industrialize Nigeria. Chikason can be described as the new king of industrialization in Africa.
“There are challenges facing industrialists in Nigeria and we will do our best to solve these problems. We will also do everything we can to support them because these are people who have invested enormous resources to achieve what we are seeing today.”
He also revealed that the Federal Government has adopted a policy of buying locally made goods so Nigerian manufacturers can be encouraged.
Osinbajo said “Federal government has adopted a policy of buying locally manufactured goods and it is doing this by patronizing vehicles manufactured by Innoson Vehicle Motors, Nnewi, and the Federal Executive Council has also approved the purchase of specialized vehicles for Federal Road Safety Commission, FRSC from the Nnewi- based company.
“A lot of what we are seeing here in Nnewi is the result of private enterprise, I am pleased to see the number of people employed by Chicason Group, and other companies in Nnewi, and we will support Chicason Industries and other companies like Innoson Vehicle Motors.”
According to Vanguard, the VP also commissioned the Rimco Refinery/Fractionation Plant and laid the foundation stone of Eastern Distilleries and Food Industries Limited.
Osinbajo also restated the readiness of the FG to partner with SMEs in addressing the obstacles in their business finances.