Nigeria is Secure for buisness,Federal Government assures Investors

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ABUJA—THE Federal Government has assured foreign investors that Nigeriais safe, open and secure for business.The Minister of Labour and Employment, Senator Chris Ngige, who gave the assurance, noted that President Muhammadu Buhari’s administration had taken concrete steps to diversify the economy and restore sustained growth.He also said the administration had made significant gains in the fight against corruption and insurgency as a base for the enthronement of a secure and stable polity.Senator Ngige, who stated this while presenting the country’s position at the concluding session of the Labour and Trade Ministerial Roundtable of Africa Growth and Opportunity Act, AGOA, at the State Department, Washington D.C, United States, expressed the determination of the present administration to create an enabling business environment, attractive to foreign investments.

   He said: “President Buhari has taken the initiative to create enabling environment for businesses to grow, attract investments that are essential for growth, expand our manufacturing base and diversify the economy.“Perceived constraints on business and investments are being removed so that both can thrive.”He added that to ensure the objectives were fully realised,the administration had initia-ted the Presidential Enabling Business  Environment Council, PEBEC, which secretariat, Enabling Business Environment Secretariat, EBES, was in the works.

Source:VANGUARD

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