Fed Govt Ready to Welcome Foreign Investors, Advertises Nigeria’s Economic Potential
By Patience Ikpeme
The federal government has reiterated its commitment to welcoming foreign investors, highlighting the abundant opportunities for economic growth within the country.
This declaration came from the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, during a gathering convened to honor the outgoing World Bank Country Director.
Mr. Edun underscored Nigeria’s attractiveness to investors, citing its expansive and burgeoning market, rich natural resources, and skilled workforce. He urged the international community to explore these opportunities, emphasizing Nigeria’s favorable business environment, investment incentives, and untapped market potential.
In a bid to foster a conducive business environment, Mr. Edun extended invitations to international development partners to invest in Nigeria, emphasizing the diverse business prospects and profitability within the country.
Furthermore, Mr. Edun assured continued collaboration with the World Bank, reaffirming the government’s dedication to implementing policies aimed at strengthening Nigeria’s economy and enhancing its resilience.
He commended the outgoing World Bank Country Director for his support and acknowledgment of Nigeria’s economic endeavors, aligning with President Bola Ahmed Tinubu’s governance principles.
Dr. Shaubham Chaudhari, the outgoing World Bank Country Director, lauded Nigeria for its proactive approach to economic development despite prevailing challenges. He expressed the World Bank’s readiness for further collaborations and partnerships aimed at fostering Nigeria’s growth trajectory.
Mrs. Lydia Shehu Jafiya, the Permanent Secretary of the Federal Ministry of Finance, reiterated the government’s commitment to providing an enabling environment for policy implementation.
She urged the international community to lend support to the administration’s efforts in bolstering the economy, stressing the importance of foreign investment in leveraging Nigeria’s diverse resources for mutual benefit.
