PDP commits to growth of local business

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."
Also read: Taraba organisations root for ruling
party
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.

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