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| VP- Prof Yemi Osibanjo meets with Delegations of German Industry Commerce in Abuja |
No
fewer than 20 German firms are in Nigeria to explore investment opportunities
in the country.
fewer than 20 German firms are in Nigeria to explore investment opportunities
in the country.
The Chief Executives of the visiting firms,
led by the Minister of Industry, Trade and Investments, Dr Okechukwu Enelamah,
on Tuesday paid a courtesy visit to Vice President Yemi Osinbajo to obtain
first-hand information on the various investment opportunities.
led by the Minister of Industry, Trade and Investments, Dr Okechukwu Enelamah,
on Tuesday paid a courtesy visit to Vice President Yemi Osinbajo to obtain
first-hand information on the various investment opportunities.
According to Enelamah, the delegation came
from Bavaria, the region of Germany covering Munich and other industrial areas
of the country.
from Bavaria, the region of Germany covering Munich and other industrial areas
of the country.
“This is a very robust delegation; one of
the important insights I gained from the meeting is that they really think that
Nigerian economy is picking up.
the important insights I gained from the meeting is that they really think that
Nigerian economy is picking up.
“They think investments are all looking
positive and they believe that it is better to face it and see for themselves
rather than read about it from a distance.
positive and they believe that it is better to face it and see for themselves
rather than read about it from a distance.
“It is also noteworthy that some of them
are already here and most of them are actually prospecting,’’ Enelamah told
State House Correspondents.
are already here and most of them are actually prospecting,’’ Enelamah told
State House Correspondents.
The Minister disclosed that the investors
would spend some days in the country, especially in Abuja and Lagos after their
successful meeting with the Vice President.
would spend some days in the country, especially in Abuja and Lagos after their
successful meeting with the Vice President.
He noted that they would have follow-up
meetings with other investment agencies in the country as well as the private
sector in Lagos.
meetings with other investment agencies in the country as well as the private
sector in Lagos.
Enelamah added that while the new investors
were looking for opportunities to invest those already in the country were
seeking for chances for expansion.
were looking for opportunities to invest those already in the country were
seeking for chances for expansion.
He noted that they were interested in how
to get rid of obstacles on their way to invest.
to get rid of obstacles on their way to invest.
“There is a strong push by us (Nigeria) to
encourage investors to come to create jobs for our people and to help to
strengthen our economy,” the minister said.
encourage investors to come to create jobs for our people and to help to
strengthen our economy,” the minister said.
