Another trader at the Alimosho Market, Idaya Mashika, highlighted poor storage conditions as a challenge for sellers.
Mr Jidda called on investors to leverage Nigeria’s strategic reforms and immense economic potential.
The NGX All-Share Index rose by 0.90 per cent to close at 109,710.37 points.
Thursday’s trading session saw a minor setback, with the naira slipping by N2.62 against the dollar.
Mr Idris assured that President Bola Tinubu’s administration would sustain the momentum of economic improvement by prioritising people-centred policies.
“This waiver reflects our commitment to easing compliance and encouraging broader adherence to the Equipment Leasing Act,” he said.
“If Value Addition Mandate is implemented effectively for 12 months, the country’s gross domestic product has the potential to rise by 12 per cent,” he said.
At the company’s third annual general meeting in Lagos, Ms Agbede projected stronger outcomes for 2025 and the years ahead.
The minister noted the development aligns with President Bola Tinubu’s ‘Renewed Hope Agenda’.
Kola Adesina, the managing director of Sahara Group, has expressed confidence in President Bola Tinubu’s energy sector reforms.