Abuja seeking strategic investment to aid recovery

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 remain as the best investment destination in the African continent. He further noted that the government has launched several initiatives to reinforce this position, particularly through the enactment of the Companies and Allied Matters Act (CAMA), the launching of the National Action Committee on the African Continental Free Trade Area (AfCFTA) and the establishment of Special Agro processing Zones (SAPZs).

“I would like to reiterate that potential investors should make use of all the investment resources and guides provided by the Nigerian Investment Promotion Council (NIPC), such as the Book of States which consist of the competitive advantages and the key investment opportunities in each of Nigeria’s 36 States and the Federal Capital Territory (FCT) and the ‘iGuide Nigeria’, an online investment guide to help investors make better informed decisions about investing in Nigeria,” the Minister added.

According to Adebayo, the federal government of Nigeria is currently focused on a few key sectors of the economy in order to aid the post-pandemic recovery, including the boosting the growth of Micro, Small and Medium Enterprises (MSMEs), strengthening domestication of production of key commodities and bolstering investments especially through the improvements in the ease of doing business in the country.

“I would like to conclude this address by saying that we are open to strategic collaboration with potential investment partners in all the areas I have touched on in this speech,” he added.

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