Onyeama spoke, weekend, during the maiden Economic Summit organised by Udi Local Government Council.
The theme of the event was, ‘Beyond Monthly Statutory Allocations’.
Onyeama called on the local government councils to take advantage of the various reforms of the President Muhammadu Buhari administration to improve their economic environment.
The minister advised that investment in agribusiness and support for local entrepreneurs were some of the surest ways the local councils could enhance their revenue.
He said that the Federal Government had provided the enabling environment for local entrepreneurs, including farmers to thrive.
According to him, “the local councils have the potential to be major players in the international market due to the abundant natural resources in such areas.”