Tuesday, August 25, 2026

Industrial hubs critical in growing Nigeria’s economy: FIRS

The FIRS boss urged Nigerians to invest in creating entrepreneurship and industrialisation hubs as they hold the “key to unlock the massive economic potentials in the country.”

• October 2, 2022
Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami,
Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami

The executive chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that a beautiful Nigeria is possible with the proliferation of entrepreneurship and industrial hubs.

According to Mr Nami, adopting the model would create all round economic transformation.

“A good place to start is the setting up of entrepreneurship and 5 hubs across every state in the country,” he said in a statement to commemorate Nigeria’s 62nd Independence Day anniversary.

He added, “This would set off a chain reaction that would turn around the fortunes of the country and tap into the potential of our vast young and dexterous population.”

The FIRS boss urged Nigerians to invest in creating entrepreneurship and industrialisation hubs as they hold the “key to unlock the massive economic potentials in the country.”

He also urged state governments to emulate Ondo State’s entrepreneurship village, set up to groom and harvest talents for the industrialisation of the state.

Mr Nami said setting up similar hubs in the states would serve as a way of channelling the energies of young Nigerians to productive use.

He stressed that adopting and deploying the model would tackle unemployment and insecurity while spurring economic activities in their states.

“Multitudes would have their lives changed, and an abundance of economic activities would be sparked across the nooks and crannies of our country in an unprecedented manner.

“Nigeria has what it takes to lead the world, and this is one way to go,” Mr Nami said.

The FIRS boss also tasked Nigerians to see themselves as the drivers of the country’s development through their patriotic conduct, such as the payment of taxes.

“I am a firm believer that each of us has a role to play in building the Nigeria of our dreams.

“But we can only achieve this when we are patriotic and carry out civil obligations expected from us, such as respect for law and order, paying our taxes, and loyalty to our country,” he said. 

(NAN)

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