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ECOWAS: FG Assures Of Fiscal Policies To Protect Industries, Encourage Investments

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Zainab Ahmed, Finance Minister
Zainab Ahmed, Finance Minister

Finance Minister Zainab Ahmed says the Federal Government will continue to deploy fiscal policies that will protect its industries and also encourage investments in critical sectors of the economy.

She gave the assurance at the opening of the fourth meeting of the ECOWAS Finance Ministers on the consolidation of Economic Community of West African State, ECOWAS, Customs Union in Abuja.

According to a statement issued by the minister’s Special Assistant on Media and Communications, Paul Abechi, Ahmed is quoted as saying that the policies will also promote local production.

Ahmed said this was without prejudice to the spirit of regional integration and free trade protocols since Nigeria had been in the forefront of supported trade policies.

According to her, the economies of scale that result from successful integration should serve as catalysts for economic development of the region.

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