FG Okays Guidelines for Executive Order 5

The federal government has approved the guidelines for the implementation of the Executive Order 5, Dr. Ogbonnaya Onu, minister of Science and Technology,  has disclosed.

Dr. Ogbonnaya Onu, minister of Science and Technology

The Order places Nigerian professionals at the centre of economic and social development of the country.

Dr. Onu said this when he received the Association of Computer Village Technology Merchants of Nigeria in his office in Abuja, noting that the Order is a right step in the right direction in repositioning Nigeria’s economic fortunes.

“With the recent African Continental Free Trade Area (AfCFTA) agreement, Nigerian businesses have access to not just 200 million Nigerians, but 1.2 billion people in Africa. Nigeria needs to be a global superpower”, he said.

He assured the association of the ministry’s partnership, adding that the collaboration between them would increase the Gross Domestic Product (GDP).

Prince Tony Nwakeze, president of the Association of Computer Village Technology Merchants of Nigeria, said his association wanted to collaborate with the ministry in creating an enabling environment.

He said the enabling environment requested include; reduced import tariffs, financial grants, training and the establishment of a technology hub to facilitate their activities.

He further added that his association has created employment for over five million youths and has positively impacted on the economy by enhancing Internally Generated Revenue (IGR).