Federal Government committed to diversification of economy

Federal Government committed to diversification of economy

by Joseph Anthony
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The Minister of State for Trade and Investment, Hajiya Aisha Abubakar, says the Federal Government is committed to the diversification of the economy to improve revenue and save foreign exchange.


Abubakar made the remarks at the unveiling of Adire (tying & dying) fabrics by a fashion designer, Mrs Yejide Laguda, in Lagos.

Laguda is the daughter of the Minister of Information and Culture, Alhaji Lai Mohammed.

โ€œFor a very long time, weโ€™ve been looking for ways to make our fabrics for everyone, not just for a particular group.

โ€œYouโ€™ve also done well for linking the brand to our heroines who have actually done great things in the past.

โ€œI think, whenever we wear her clothes, we want to be a part of those women and I want to congratulate Yeside on todayโ€™s event. I wish more of such efforts and we are ready to support you any day any time.โ€™โ€™

The minister, therefore, called on Nigerians to patronise local fabrics not only for their aesthetic value but also for the need to grow the economy.

She commended Laguda for the initiative, saying her creative spirit aligned with governmentโ€™s calls to promote Nigerian products

Abubakar said she was personally motivated by Yesideโ€™s designs, describing it as โ€œthe diversification thing that really gets me and I am so excited.

Also speaking, the Deputy Governor of Ogun, Mrs Yetunde Onanuga, said she was particularly moved that Laguda was showcasing Adire which her state is known for.


Onanuga said she was proud of Lagudaโ€™s brand and that the state would support her to promote the Adire fabric.

โ€œIndeed, Adire is now a trademark, as we have given it a name, which is called โ€œAdire Ogunโ€.

โ€œWe congratulate our dear sister, Yeside Laguda, on this initiative for promoting our country, for bringing our local fabric to the limelight.

โ€œAnd Iโ€™m sure before now, weโ€™ve been seeing people ordering Adire from Ogun State to other countries.

โ€œNow that you are promoting it (Adire), we know that more people will want to have it, even with the way you are now presenting itโ€™โ€™.

Onanuga also said she was proud of Lagudaโ€™ brand and that the state would support her to promote the fabric.

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