Nigeria Remains Africa’s Leading Investment Hub – FG
BY EDMOND ODOK – The Federal Government says every necessary step is being taken to ensure Nigeria maintains its pride of place as Africa’s leading investment hub going forward.
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, made the declaration at the France-Nigeria Business Forum in Paris, insisting that the idea is to focus on incentives and sustain an environment for the country to stay at the forefront as the preferred investment landscape in the continent.
Edun, who was addressing an audience of French and Nigerian business leaders, policymakers, and investors, said with its large population and investment opportunities, Nigeria stands tall to continue setting the pace for economic development in Africa.
According to him, priority sectors for investment include Agriculture, Renewable Energy, Technology and the creative industries among other initiatives such as tax holidays, duty waivers, and the development of Special Economic Zones (SEZs).
He said the country is also focusing on strengthening regulatory frameworks to support foreign and local investments.
A statement by Mohammed Manga, Director, Information and Public Relations, said as Nigeria continues to demonstrate its readiness to attract investment and foster international partnerships, the France-Nigeria Business Forum provided a pivotal platform to deepen economic ties between the two nations.
It further stated that given its rich natural resources, vast market, and entrepreneurial spirit, Nigeria’s potential in becoming Africa’s premier investment destination is not in doubt.
