Policy Environment Supportive of Private Entrepreneurship in Lekki Free Trade Zone
Nigeria's current industrial policy thrust is anchored on a guided dc-regulation of the economy and Government's dis-engagement from activities which are private-sector oriented, leaving Government to play the role of facilitator, concentrating on the provision of incentives policy and infrastructure that are necessary to enhance the private sector's role as the engine of growth.
The industrial policy is intended to:
Generate productive employment and raise productivity.Increase export of locally manufactured goods.
Create a wider geographical dispersal of industries.Improve the technological skills and capability available in the country.Increase the local content of industrial output by looking inward for the supply of basic and intermediate inputs.Increase private sector participation.
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