FG re-assures of conducive business environment for investors

ABUJA (Budget and National Planning Report)- In its effort to turn the economy around, the Federal Government has re-assured foreign investors of a conducive business environment and an improved ease of doing business in Nigeria.

The Minister of Budget and National Planning, Senator Udoma Udo Udoma made this statement on Wednesday, September 21, 2016, while receiving the Japanese Ambassador to Nigeria, Mr. Sadanobu Jusaoke, with his team on a courtesy visit in his office.

The Minister enumerated some of the areas the federal government expects collaboration with foreigner investors, especially the Japanese government to include; refinery, power, railways and expansion of export processing zones, while reassuring that government is doing everything within its power to ensure that the security issues are being solved.

Responding, the Japanese Ambassador expressed the willingness of Japanese government to increase its business stakes in Nigeria, but urged that the Nigerian government must show total commitment by providing enabling environment for such business transaction.

About Nigeria

Nigeria, commonly known as the giant of Africa with more than 150 million people is the most populous country in Africa. With one of the biggest democracies in the world and a presidential system of government, it has a dual economy, based on its rich natural resources, traditional agriculture and the trade sector.