Osinbajo Woos Nigerians In Diaspora To Invest In Nigeria

Osinbajo Woos Nigerians In Diaspora To Invest In Nigeria

Acting President Yemi Osinbajo has urged Nigerians over seas to take advantage of the country’s liberal and friendly economic environment to invest in its economy.

He gave the challenge at a meeting with the Nigeria Initiative for Economic Development (NIED) held at the Presidential Villa, Abuja, on Monday.

NIED is an association of Nigerians in diaspora who want to come back home and contribute to the development of the nation’s economy.

According to the acting president, the federal government is working on making the investment climate profitable and easy for those who are already doing business in the country.

He said: ”I like the idea of investors knowing that the reason why you are coming to Nigeria is not to help Nigeria, but the reason why you are coming here is because this is a good place to do business.

And that is the only thing that will interest us and focus our minds, ultimately, it will help our country.

But first and foremost, this is a very good place to do business and is going to be a profitable place and it will be very comfortable for all of us.

Osinbajo stated that the private sector had enough opportunity to contribute to the development of the nation’s economy, noting that the biggest refinery and the single largest fertilizer company in Nigeria were private sector driven.

He expressed the hope that the two multi-billion naira projects would be completed by the end of 2018 and 2019. 

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