NewsExpress banner Firstbank Verve banner Fidelity bank card banner Umm Sulaim's Thoughts Camano banner

Buhari Woos foreign investors in Japan, says Nigeria has attractive opportunities

By News Express on 29/08/2019

Gmail icon

Views: 297

President Muhammadu Buhari on Thursday wooed foreign investors at the ongoing seventh Tokyo International Conference on African Development (TICAD7) assuring them of good returns.

President Buhari disclosed this while presenting the country’s statement at Plenary Session Three on “Public-Private Business Dialogue” at the conference in Yokohama, Japan.

“Nigeria has very attractive investment opportunities with some of the highest Returns-on-Investment,” he declared.

The President, according to a statement signed by his Special Adviser on Media and Publicity, Femi Adesina, said he looked forward to welcoming prospective investors in Nigeria’s power and renewable energy, petrochemical and gas, maritime (shipping and ports), automobiles, mining, agribusiness, healthcare and pharmaceuticals, ICT and railway sectors.

He assured that his administration 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.”

“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.”

Reviewing Nigeria-Japan relations, President Buhari commended existing bonds of friendship and economic cooperation between both countries, describing the Asian country as “a strategic partner for our socio-economic development.”

He disclosed Nigeria’s intention to “further encourage relationships with key public and private sector stakeholders” in both nations.

Buhari expressed delight with the level of discussions on the establishment of the Japan-Nigeria Business Facilitation Council and described TICAD Forum as important to Nigeria in many respects.

He noted that his administration “has put in place measures seeking to diversify the economy by developing agriculture, emphasising on manufacturing and addressing the energy and infrastructure deficit.”

“TICAD is also coming at a time when our government is implementing home-grown and private sector-driven economic measures that are predicated on good governance, infrastructure and human capital development as well as, business climate reform,” he said.

According to him, “Nigeria and indeed Africa, expect much from this Forum in terms of investment, considering the role of Foreign Direct Investment in all economies – developed and developing.”

President Buhari also expressed Nigeria’s gratitude to the Japanese Prime Minister, Shinzo Abe, for his commitment to strengthening trade and investment between Japan and Africa. (Channels TV)

Source News Express

Posted 29/08/2019 6:46:40 PM





You may also like...
Benue gets new Commissioner of Police

Kaduna bans street hawking, begging and okada

Fuel scarcity cripples flight operations

FG to deliver four FIDs, tackle crude oil...

Femi Awoyemi, ’Lolu Akinwunmi to lead discussions on...

Venezuela parliament ratifies opposition leader Guaido as interim...

Workers’ Strike: Ogun invokes ‘no work, no pay’...

NLNG launches $2m engineering centre in University of...

NDDC Board: Buhari erred in Odudu’s appointment as...

Abeg, na wetin be climate change? (2)

FG reviews states' preparedness for flooding

G9 rejects Buhari’s second term bid


Latest News Anti-Buhari Editorial: IPOB hails PUNCH; challenges Channels, Tribune, The Nation and Sahara Reporters VISA-free entry to Nigeria a reckless threat to our sovereignty — HURIWA Dilemma in Bayelsa over birth of Siamese twins Ugwuanyi reiterates commitment to scientific innovation Gunmen kill OAU professor Ogboni Fraternity opens up on activities Uproar over CJN’s call for full Sharia in Nigeria Bank mistakenly deposits $37m into woman’s account EFCC marks Orji Kalu’s properties Protesters dispute Imo Speaker’s NYSC certificate Reps threaten to blacklist Julius Berger over slow pace of work on road projects Community without electricity for one year cries out


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (572,608 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (456,946 views) Shameless Genevieve Nnaji exposes breasts in public (406,957 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (341,737 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (308,167 views) 10 cars more expensive than Jets (292,750 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (261,509 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (260,736 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (242,159 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (228,610 views) Lagos plane crash: Journalist releases victims’ names (204,266 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (200,593 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (112) Business & Economy (4,623) Business Verdict (89) Columnists (1,158) Complaints & Requests (98) Enterprise & Opportunities (221) Entertainment (718) Features (855) Global Business Monitor (499) ICT Monitor (73) International (4,325) Interview (220) Live Commentary (30) Love Matters (178) Maggie's Blog (520) News (55,264) Opinion (1,440) Pidgin (18) Politics (11,892) Religion (1,133) Sports (2,255) Stock Watch (41) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera