ABUJA-President Goodluck Jonathan yesterday assured investors that the newly constituted Economic Management Team has initiated a fresh import policies that would have a five-year tenure, in order to enhance long-term planning.
Jonathan spoke as the President of Flour Mills Nigeria limited, Mr. George Coumantaros, announced that his company’s investment in sugar, flour mills, rice, soya, vegetable oil, palm kernels and cement production in Nigeria is in the excess of N150 billion (about$1billion).
President Jonathan was speaking to Mr. George Coumantaros, who led a four-man delegation of directors of the Flour Mills Nigeria Ltd to State House, Abuja.
According to the President, “the policies being prepared by the Economic Management Team will have a tenure of five years, so that investors can plan for the long term”, adding that the policies are aimed at encouraging those interested in doing business in Nigeria.
Click to signup for FREE news updates, latest information and hottest gists everydayJonathan spoke as the President of Flour Mills Nigeria limited, Mr. George Coumantaros, announced that his company’s investment in sugar, flour mills, rice, soya, vegetable oil, palm kernels and cement production in Nigeria is in the excess of N150 billion (about$1billion).
President Jonathan was speaking to Mr. George Coumantaros, who led a four-man delegation of directors of the Flour Mills Nigeria Ltd to State House, Abuja.
According to the President, “the policies being prepared by the Economic Management Team will have a tenure of five years, so that investors can plan for the long term”, adding that the policies are aimed at encouraging those interested in doing business in Nigeria.
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