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Home Government FG Re-Assures Of Conducive Business Environment For Investors
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FG Re-Assures Of Conducive Business Environment For Investors

By
Salisu B. Haiba
-
September 21, 2016
Senator-Udoma-Udo-UdomaIn its effort to turn the economy around, the Federal Government has further reassured foreign investors of a conducive business environment and an improved ease of doing business in Nigeria.
 Minister of Budget and National Planning, Senator Udoma Udo Udoma made this statement today, while receiving the Japanese Ambassador to Nigeria, Mr. Sadanobu Jusaoke, with his team on a courtesy visit in his office.
The Minister enumerated some of the areas the Federal Government expects collaboration with foreigner investors, especially the Japanese government to include; refinery, power, railways and expansion of export processing zones, while reassuring that government is doing everything within its power to ensure that the security issues are being solved.
 Responding, the Japanese Ambassador expressed the willingness of Japanese government to increase its business stakes in Nigeria, but urged that the Nigerian government must show total commitment by providing enabling environment for such business transaction.
 He stressed the need for infrastructure development such as power, roads, railways and communication. Other factors he identified for effective foreign investment are stabilized exchange rate, transparency in taxation, improved customs transaction, issues on export promotion, good government policies, amongst others.
 The Permanent Secretary in the Ministry, Mrs. Nana Fatima Mede thanked the Japanese government for all the assistance Nigeria has so far received from it and solicits for more support. “Thank you for your support so far, but we are asking for more”, she said.
 
Salisu B. Haiba
Assistant Director (Press)
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Salisu B. Haiba
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Pantami Urges Presidential Rewards for Nigerian Teen, Nafisa Aminu Who Topped Global English CompetitionNIPR Lauds Customs’ Reputation Reforms, Announces Annual PR Officer AwardCustoms Unveils Reputation Handbook to Guide Officers’ Conduct, Rebrand AgencyAtiku, Obi and the ‘Confused Marriage’ Called ADCNigerian Army Launches New Welfare Initiatives for Retiring SoldiersCorrectional Service Elevates 30 Officers to Assistant Controller General RankAfter 21 Years, Gen. TY Danjuma Relaunches Union Dicon Salt to Revive Local IndustryKano Govt Receives Report on Commissioner's Alleged Role in Drug Baron's BailRivers Police Arrest Suspects in Lawyer's Murder, Recover WeaponsPolice Eliminate 8 Terrorists in Zamfara as Bandits Abduct 5 Residents, Rustle CattleTroops Intercept Illicit Logistics Bound for Cameroon, Uncovers, Destroys 14 IEDs in BornoWe are Here to Fix The Voice of Nigeria as A True Instrument of National Power – DG VONWhy Investments in Local Sugar Production is Profitable Now - NSDC BossKwankwaso, Northern Nigeria and the Politics of MarginalisationKemi Oomoale Badenough: A Liar By no Other Name by Chief Femi Fani-Kayode
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