Security, investments in Nigeria - Nigeria's President Goodluck Jonathan, has assured the international community that his administration will continue to do everything possible to enhance the security of lives and investments in Nigeria.
Speaking at an audience with a 45-member trade delegation from the United States of America, President Jonathan reaffirmed that the Federal Government was working very hard to overcome Nigeria’s current security challenges, saying that an intensive effort was underway to curb terrorism and other criminal acts such as kidnapping and hostage taking.
In a press statement, issued here by the presidency, President Jonathan also assured the delegation, led by the President and CEO of the Corporate Council on Africa, Mr. Steve Hayes, and the Executive Vice President of the Overseas Private Investment Corporation, Ms. Mimi Alemayehou, that his Administration would continue to empower the private sector to serve as the main drivers of the federal government’s agenda for national economic growth and development.
President Jonathan told company executives on the delegation with interests in aviation, power, food processing, ICT, construction, housing, textiles, infrastructure and finance that they could be very confident of the safety of their present and future investments in Nigeria as the country already had one of the most liberal legal regimes for the movement of capital and profits.
He said: “We welcome your interest and commitment to Nigeria. You are coming at a time when sectors previously dominated by government monopolies are being opened up to the private sector because we fully believe that that is the best way forward and the best way to create greater efficiency, employment and economic prosperity.
“You all know Nigeria’s potentials. With its very huge market and the conducive investment climate we are working hard to foster, it is a country where your companies can do very fruitful business and I assure you of the full encouragement and support of the Federal Government for your investments,” the President told the delegation.
The co-leader of the delegation, Mr. Hayes, thanked President Jonathan for his efforts to promote greater trade and economic cooperation between Nigeria and the United States.
He assured President Jonathan that the Corporate Council on Africa and its members fully recognized Nigeria’s immense economic potentials and will do their best to support his agenda for national transformation.
Ms. Alemayehou told the President that the delegation had had very fruitful interactions with members of the Federal Executive Council, including the Ministers of Works, Housing, Transport, Agriculture and Communications Technology.
She assured President Jonathan that Nigeria will get more investments from the American private sector.