FG reaffirms Nigeria as Africa’s leading investment hub

0
38

The Federal Government has reaffirmed Nigeria’s position as Africa’s leading investment destination at the Franco-Nigerian Business Forum held in Paris.

The announcement was made by the Minister of Finance and Coordinating Minister for Economic Affairs, Wale Edun, who highlighted Nigeria’s huge potential and desire to attract foreign investment.

Addressing an audience of French and Nigerian business leaders, policymakers and investors, Edun highlighted Nigeria’s strategic advantages, including its large population and rich investment opportunities.

He highlighted priority investment sectors such as agriculture, renewable energy, technology and creative industries.
Edun said: “Nigeria, with its large population and investment opportunities, stands out in Africa.

The Minister also detailed various government initiatives to attract foreign direct investment, including tax exemptions, duty-free treatment and the development of special economic zones (SEZs).

He stressed the government’s commitment to strengthening the regulatory framework to support domestic and foreign investment.

The France-Nigeria Business Forum has served as an important platform to foster closer economic ties between the two countries, reinforcing Nigeria’s strategic importance on the global investment map.

“With its rich natural resources, vast market and entrepreneurial spirit, Nigeria is indeed poised to become a leading investment destination in Africa,” Edun concluded.

The forum marks another important milestone in Nigeria’s ongoing efforts to position itself as a key player in the African economic landscape, demonstrating its desire to attract international partnerships and investments.