“Turnover On Investment In Nigeria Is High And Attractive To Investors”
The Honourable Minister of State for Industry, Trade and Investment, Dr. Samuel Ortom has pointed out that turnover on investment in Nigeria is high and very attractive to investors all over the world.
He made the statement during a courtesy visit by Chinese investors led by Chairman, Beijing Yeaco Investment Consulting Company (Africa Investment Net) Mr. Zhou Dewer in his office in Abuja.
The Minister said that Nigeria- China Business Forum organized by the Ministry has started yielding resulting by attracting a lot of Chinese investment into the country and urged the investors to maximize the economic potentials available in Nigeria.
In his words “ Nigeria remain an investment designation because of her landscape, natural and human resources and population. Our desire is to have enough investors coming into the country to invest and produce goods in the country that would create opportunities for jobs and wealth creation for Nigerians”.
“We will stand by you to ensure that you do not regret coming to Nigeria. Opportunities abound in all sectors of our economy and through Nigeria you can reach other Africa countries”.
He reiterated that Nigeria and China remain committed to promote bilateral and investment relationships as well as share experiences in industry, trade and investment.
Ortom stated that Nigeria have agencies such as Standards Organization of Nigeria (SON), Consumers Protection Council (CPC) and other agencies charged with responsibilities of regulating activities of industry and businesses in order to ensure that quality products are produce in the country.
“Today we have government agencies that are proactive and ready to ensure that our people are not short change whatsoever. SON, CPC and other agencies are monitoring and enforcing the laws. We are committed through our agencies to ensure that, Nigerians get a worth for what they buy”.
Earlier, the leader of the delegation, Mr. Zhou Dewer pointed out Nigeria has great potentials, natural resources and opportunity for investment and the Ministry of Industry, Trade and Investment is a key Ministry that will link up the investors for more opportunities in the country.
He said that, they are in the country to contribute to economic development of Nigeria by investing in oil and gas, Equipment technology, transportation, Energy and building adding that some of the investors have plan to invest $130 million in building, generator and energy in Nigeria.