TICAD7: Buhari welcomes prospective investors to Nigeria

TICAD7: Buhari welcomes prospective investors to Nigeria

  President Muhammadu Buhari on Thursday, 29 August at the Seventh Tokyo International Conference African Development (TICAD7), in Yokohama, Japan says Nigeria has very attractive investment opportunities with some of the highest ‘Returns-on-Investment’. Mr Femi Adesina, the President’s Special Adviser on Media and Publicity confirm this in his statement. President Buhari at his Nigeria’s Statement

 

President Muhammadu Buhari on Thursday, 29 August at the Seventh Tokyo International Conference African Development (TICAD7), in Yokohama, Japan says Nigeria has very attractive investment opportunities with some of the highest ‘Returns-on-Investment’.

Mr Femi Adesina, the President’s Special Adviser on Media and Publicity confirm this in his statement.

President Buhari at his Nigeria’s Statement at Plenary Session Three on ‘Public-Private Business Dialogue’ of  the seventh TICAD7, said he hope for prospective investors to penetrate ’ in the following priority sectors in Nigeria, namely: power and renewable energy, petrochemical and gas, maritime (shipping and ports), automobiles, mining, agribusiness, healthcare and pharmaceuticals, ICT and railway.’

He also guaranteed potential investors of good returns in respect to the ongoing reform measures taken by his administration

He said: ‘I have also established a Presidential Committee on Enabling Business Environment, which is made up of Key Ministries and prominent businessmen to promote the Ease of Doing Business and make Nigeria more attractive and competitive for investment.

“Nigeria is committed to removing all impediments to private sector participation in these sectors by creating policies that will ensure consistency, predictability and a level playing field for all.’

He distinguished transportation, infrastructure, food processing, textiles, agro-processing, mining,power, maritime/shipping, prochemicals and manufacturing among others, as ‘key drivers to the diversification of the Nigerian economy as well as ‘priority areas that will drive our Economic Agenda’.

Finally, President Buhari admitted that he hopes to ‘welcoming prospective investors to Nigeria’.

 

By Owoeye Julianah Titilope

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