Fidelity bank card banner Emerald Energy Institute Camano banner

FG commits to favourable investment climate

By Eniola Daniel on 23/09/2017

Gmail icon

Views: 961

•Foreign Affairs Minister, Geoffrey Onyeama
•Foreign Affairs Minister, Geoffrey Onyeama

The Minister of Foreign Affairs, Geoffrey Onyeama, has assured investors of the Nigerian government’s commitment to providing a favourable investment climate to ensure high returns.

The minister made this assurance at the Nigeria-U.S meeting between urban land developer, Rendeavour; senior officials of the government, representatives of the Nigerian private sector and American investors to discuss ease of doing business and foreign investment. The dignitaries at the forum agreed that Nigeria with its strategic role in Africa must be made conducive for investment to boost investor’s confidence and for investment to thrive.

Onyeama, who spoke on behalf of the President, said they would not betray the confidence the U.S. investors have in Nigeria. The minister said that the high-level representation of the government demonstrated the commitment of the Buhari-led administration to making the U.S.-Nigeria partnership really work.

Chairman of Rendeavour, Frank Mosier, who lauded the Nigerian Government for partnering with private sectors, said Rendeavour is currently investing over $250 million on infrastructure in Jigna, a mixed-use development in Abuja with thousands of homes, offices and shops, as well as schools and medical facilities.

According to Mosier, Jigna is expected to catalyse an estimated $1 billion of additional investment in Abuja, and create tens of thousands of jobs.

Executive Secretary for the Nigerian Investment Promotion Commission (NIPC), Yewande Sadiku, said they are aware of the bottlenecks for investors and businesses and are addressing them. (The Guardian)

Source News Express

Posted 23/09/2017 1:42:30 PM

 

 

CLASSIFIED ADS

 

You may also like...
Kenya makes $12m from first batch of crude...

Clash between police and hoodlums leaves one dead...

Kano fanatics who killed Igbo woman for alleged...

5 kidnappers’ informants arrested in Abuja

Supreme Court upholds Gov Ugwuanyi's election

Nigerian students mourn Shagari

Jihadists kill Nigerian soldier, injure others

Ex-NIMASA DG rearrested despite meeting bail conditions

Customs seize over 8,000 bags of smuggled rice...

Apologise to Ogonis, Ndi Igbo for military invasion...

10,000 NSCDC personnel undergo counter-terrorism training

National Conference: Akunyili steals show as delegates debate...

 

Latest News Biafra: Kanu leads delegation to UN Buhari vs Atiku: Activist seeks visa ban on Presidential Election Petition Tribunal Justices Association to set up vigilance groups in Igboland •Launches intelligence/surveillance unit Makinde drags Ajimobi before EFCC, ICPC UNILAG releases cut off marks for admissions into various courses Anxiety over Alaafin of Oyo’s absence at Oranyan festival Delta rehabilitates Federal roads I’ve passed through turbulent times since becoming Governor — Abiodun Health Management Board Director dragged to ICPC over certificate scandal Police confirms 3 killed in Akwa Ibom cult clash Imo Recruitment, Appointments Committee submits report We must talk about Peter Obi now — Cleric

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (540,147 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (442,789 views) Shameless Genevieve Nnaji exposes breasts in public (389,057 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (326,522 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (294,476 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (253,553 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (249,593 views) 10 cars more expensive than Jets (238,203 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (231,355 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (217,339 views) Lagos plane crash: Journalist releases victims’ names (195,742 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (193,347 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,443) Business Verdict (80) Columnists (1,108) Complaints & Requests (96) Enterprise & Opportunities (215) Entertainment (664) Features (809) Global Business Monitor (441) ICT Monitor (63) International (3,949) Interview (203) Live Commentary (30) Love Matters (170) Maggie's Blog (410) News (51,334) Opinion (1,357) Pidgin (17) Politics (11,441) Religion (1,102) Sports (2,166) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera