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Monday, September 16, 2024

USAID Applauds FG Over Recession Exit

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The United States Agency for International Development (USAID) has applauded the federal government for wriggling the country out of economic recession.

Team Leader of USAID Bee Keeping Pollination Project, David Musa, who spoke on behalf of the agency in Abuja yesterday, said the second quarter report of National Bureau of Statistics (NBS) which indicated that Nigeria was out of recession was a welcome development.

He, however, advised the government to create an open market platform, especially for bee farmers across the country.

According to Musa who is also the National Technical Expert, Inter-ministerial Committee on Honey Production, Bee Health & Pollination Services, this shows that there is more potential for productivity, value addition and integration between the private and public sector.

The leader appealed to the federal government to open up and strengthen the ease of doing business to involve more private sector investment to sustain the recession exit.

His words: “The report by the National Bureau of Statistics has credibility because farmers especially bee farmers are now selling more and making more profit.

“We are happy for this but the government must strengthen the ease of doing business, public policies, help the private sector to deliver wide impact to sustain the exit.”

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