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

President Muhammadu Buhari, on Saturday in Dubai, declared that Nigeria remains the most viable and attractive investment destination in Afr...


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.

It was reported 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.

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