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Nigeria remains most viable, attractive investment destination in Africa – Buhari

Elixir by Elixir
December 4, 2021
in POLITICS
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Nigeria remains most viable, attractive investment destination in Africa – Buhari
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President Muhammadu Buhari, on Saturday in
Dubai, declared that Nigeria remains the most
viable and attractive investment destination in
Africa.

Buhari also said that Nigeria is on the path of
becoming Africa’s leading industrial and trading
nation.
The President stated this while addressing a trade
and investment forum at Dubai Expo 2020.

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Oniftv reports that the Dubai Expo 2020 was
organised by the Nigerian Arabian Gulf Chamber of
Commerce, Nigeria’s Ministry of Industry, Trade and
Investment and the Nigerian Investment Promotion
Commission (NIPC).

Buhari said Nigeria is reaping from the efforts his
administration has made to consciously improve
the investment environment.
This was disclosed in a statement signed by Femi
Adesina, Buhari’s spokesman, today.

He said, “Nigeria’s pavilion at the Expo 2020 clearly
shows why we remain the most viable and
attractive investment destination in Africa.
“Our location, our natural resources, our population,
and our regulations are there for all to see.Nigeria

is on its way to becoming a leading industrial and
trading nation in Africa.

“To achieve this, our Government focused on
policies, projects and programs that support private
sector investors.

“We introduced numerous fiscal incentives and
infrastructure projects aimed at enhancing the
viability of investments.

“Despite the adverse global economic environment
of recent years, Nigeria’s investment environment
has greatly improved both at the national and sub-
national levels.”

Buhari also assured captains of industry, and
entrepreneurs, who have 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.

The Nigerian leader also used the occasion to
express profound 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 unwavering commitment to
strengthening trade and investment relations
between both countries through various initiatives,
partnerships and support.

Elixir

Elixir

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