Ministry of Commerce & Industry

The Ministry of Commerce and Industry is posed with the responsibility of initiating, developing and implementing several industrial and commercial policies. It is mandated with the responsibility to cover Small and Medium Scale Enterprises as well as cooperatives matter while coordinating export and imports and other commercial activities in the state.

Some of the guided policies governing both sections especially the industrial sector include:

  • Privatization: Delta State Government retains not more than 20% share holding in any of its commercially oriented enterprises.
  • Establishing Industrial Estates: Delta State Government allocates plots therein to private investors (both Local and Foreign).
  • Preparing and making available to entrepreneurs feasibility studies and project profiles.
  • Encouraging  entrepreneurship development and embarking upon skills acquisition programmes for youths.
  • Providing soft loans to unemployed and self-employed university graduates as well as assisting investors in the establishment of Small and Medium Scale enterprises
  • Providing loan to industrialists through the loan guarantee scheme

Due to the current policy of Delta State Government, the ministry is set to create the enabling environment for entrepreneurship to thrive. This policy is occasioned by the recent political and trade liberalization programmes at the Federal level.

The  the Ministry of Commerce and Industry has recorded success due the transition to civil rule which offers great hope for private investments, as the State has the capacity to support several major manufacturing and service industries including Manufacturing Industries, Service Industries and others as well.

 

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