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China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
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The Vice President, Prof. Yemi Osinbajo, has undertaken that the Buhari administration aims at making Nigeria as a major global investment destination.
He said this on Saturday while addressing the Christ The Redeemers Fellowship International (CRFI) UAE Dubai Professional Business Summit tagged “Exploring Investment Opportunities in Nigeria and the UAE.”
Osinbajo added that the administration would continually improve and reform the country’s business environment to make it attractive to foreign investors. He stressed that “our overarching goal is to make Nigeria a major global investment destination by continually improving our business environment. “The improvements are not merely in numerical rankings, but in the stories and testimonies of business owners and entrepreneurs across the country.”
According to him, government is devoted to that particular pathway and it is a process which involves doing things differently, changing existing ways of doing things. He noted that the process had been slow but it had grown quickly, especially in the past one and half years. Osinbajo said “we expect that incremental changes will make a huge difference in the entire business environment as we go forward.”
He highlighted various reforms carried out in the infrastructure, business environment and economic diversification as demonstration of the administration’s commitment to promote foreign investments.
“This is the moment to explore the investment potential in the country, having lost such opportunity about a decade ago.”He said that the administration’s Economic Recovery and Growth Plan (ERGP) 2017-2020 was conceptualised to place the economy on the path to stronger, more sustainable and inclusive growth.
Opportunities existed in the technology, creative industry, hospitality, aviation, agriculture and almost all aspects of the economy and called on foreign business men to regard the country as an investment destination.
