Agric, mining can boost Nigeria's GDP, reduce unemployment

A business management company, Crustos Consult, has said it is working to advance the development of the continent through Africa Business Leadership and Investment Summit (ABLIS).

The summit will be held between October 7 and October 12 in Kigali, Rwanda.

Speaking Thursday in Abuja Chief Executive Officer (CEO) of the group, Amb Shirley Hills, said the summit will attract leaders with diverse knowledge in the agricultural and mining sector and discuss how best to transform the Africa continent into a business hub for the whole world.

She said the group identified leadership gaps while conducting assessment and analysis as one of the challenges bedevilling African countries and that most businesses fail due to certain drawbacks.

Hills revealed that lack of exposure and funds are part of the reasons for Africa’s growth, adding that the summit will discuss how best to come out of the quagmire.

Also speaking, the Head of Mission of ABLIS, Dr Okechukwu Ani, said the summit is in line with President Bola Tinubu administration’s efforts to renew the dented hope of many Nigerians.

He revealed that the agriculture and mining sector the President hopes to develop will not only boost foreign exchange in Nigeria, but will also grow the country’s Gross Domestic Product (GDP) and reduce unemployment.

“The Nigerian government needs to be there to learn more about modern technology in agriculture because it will make the country achieve its goals.

“Nigeria is the giant of Africa whichever way you look at it, either in hydrocarbons or solid minerals. We expect the non-oil sector to grow the GDP through reduced unemployment,” he said.