Buhari Urges US To Exploit Nigeria’s Trade, Investment Climate

President Muhammadu Buhari yesterday in Washington urged American entrepreneurs to use the opportunities offered by the liberal trade and investment climate in Nigeria to do profitable business. Buhari, who gave the advice at a business forum organised by the United States (US) Chamber of Commerce and Corporate Council on Africa, said that his administration would continue with the federal government’s privatisation programme in various sectors of the economy. According to him, the privatisation exercise will be expanded to include the nation’s aviation, telecommunication, energy, gas, solid minerals, health, and infrastructure development sectors. “It is my intention to create the necessary environment for future investment in Nigeria. We are the most populous nation, largest market in Africa with vast human and natural resources, and blessed with abundant young skilled workforce. We are, therefore, proud candidates to become the destination of choice for United States investments in Africa. I will work assiduously to welcome new investors to tour the country. “I would like to remind you all that we are continuing in major privatisation programmes with sectors ranging from telecommunication, energy, gas, solid minerals, aviation, health and infrastructure development but with improved moral architecture. We will also simplify visa procedures based on the principle of reciprocity. “May I, therefore, seize this opportunity to formally invite the American business community to take advantage of our liberal trade and investment climate to do profitable business in Nigeria.” The president further called on the business communities in the US and Nigeria to exploit the excellent political relations between the two countries to expand trade and investment as well as enter into joint venture projects in priority sectors of the Nigerian economy. He identified power generation, gas, agriculture value chain, mining, health, tourism, among others, as the sectors Source:Leadership

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