President Muhammadu Buhari has said Nigeria remains the most viable and attractive investment destination in Africa.
The President said this Saturday while addressing a trade and investment forum at Dubai Expo 2020, organized by Nigerian Arabian Gulf Chamber of Commerce, Nigeria’s Ministry of Industry, Trade and Investment and the Nigerian Investment Promotion Commission (NIPC).
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The President, who said Nigeria was on the path of becoming the continent’s leading industrial and trading nation, added that the country was reaping from the efforts his administration had made to consciously improve the investment environment.
“Our location, our natural resources, our population, and our regulations are there for all to see. To achieve this, our government focused on policies, projects and programs that support private sector investors.
“Despite the adverse global economic environment of recent years, Nigeria’s investment environment has greatly improved both at the national and sub-national levels,” he said in a statement issued by his spokesman, Femi Adesina.
President Buhari assured captains of industry, and entrepreneurs, who had shown interest and commitment to further enhance trade and investment relations with Nigeria, that his administration would continue to work with them to improve the business climate especially as the African Continental Free Trade Area (AfCFTA) comes into full effect.
He said, “I am pleased that this Forum focuses on ‘Unveiling Trade and Investment Opportunities in Nigeria,’ and will encourage you all to keep an open mind and look beyond the challenges.
“In this room, we have Governors, Ministers and Heads of Government Agencies that can address all your questions and concerns.
“We are here to support you and I hope you will all take this opportunity to move your investment decisions forward.”
The President expressed gratitude to his hosts, Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, the President of the United Arab Emirates and the Emir of Abu Dhabi, for their commitment to strengthen trade and investment relations between both countries through various initiatives, partnerships and support.