Davos 2018 nigeria woos investors says opportunities abound
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Title: Nigeria Woos Investors at Davos 2018, Says Opportunities Abound
Date: January 24, 2018
Location: Davos, Switzerland
Summary: The Nigerian government has made a strong pitch to investors at the World Economic Forum (WEF) in Davos, Switzerland, highlighting the country's vast opportunities and potential for growth. The country's Minister of Industry, Trade and Investment, Okechukwu Enelamah, led a delegation of Nigerian business leaders and government officials to the forum, where they engaged with international investors and stakeholders.
Key Messages:
- Investment Opportunities: Enelamah emphasized that Nigeria offers a vast array of investment opportunities, particularly in the areas of infrastructure development, agriculture, manufacturing, and technology.
- Economic Growth: The minister highlighted the country's economic growth prospects, citing the government's efforts to diversify the economy and reduce its dependence on oil exports.
- Business-Friendly Environment: Enelamah assured investors that the Nigerian government is committed to creating a business-friendly environment, with reforms aimed at improving the ease of doing business and reducing bureaucratic hurdles.
- Infrastructure Development: The minister emphasized the need for significant investments in infrastructure development, including power generation, transportation, and telecommunications, to support the country's growth aspirations.
- Agricultural Potential: Enelamah highlighted Nigeria's vast agricultural potential, with the country aiming to become self-sufficient in food production and a major player in the global agricultural market.
Quotes:
- "Nigeria is open for business, and we are committed to creating an environment that is conducive to investment and growth." - Okechukwu Enelamah, Minister of Industry, Trade and Investment
- "We believe that Nigeria has the potential to be a major player in the global economy, and we are working hard to unlock that potential." - Enelamah
Conclusion: The Nigerian government's presence at the WEF in Davos 2018 is a significant step towards promoting the country's investment opportunities and attracting foreign investors. The country's vast potential in areas such as infrastructure development, agriculture, and manufacturing makes it an attractive destination for investors seeking to tap into Africa's largest economy.