Wednesday 16 September 2015

Nigeria will sustain its position in Africa- President Buhari


The President of MEDEF, Pierre Gattaz, said the organization lots of manufacturing firms and businesses will engage a trade mission to Nigeria next few months.

The Senior Special Assistant on Media and Publicity, Garba Shehu state as a fact that the government's determination is to restraint corruption in Nigeria.

"Our ongoing economic reforms are designed to restore business confidence and block leakages and wastage to public resources. We are also focused on the recovery of stolen wealth belonging to the country," the President told participants at a Nigeria-France Investment Forum.



He assured that his administration will to support Nigeria's position are number one in Africa.

On Tuesday President Buhari  was addressing the French businessmen and investors at the headquarters of the Movement of the Enterprises of France(MEDEF) in Paris, France, he said one of his main objectives is to restore confidence of investors in the economy.

He said "There are lots of other resources in Nigeria than just oil and are looking forward to other sectors on industrializing Nigeria and diversifying its economy.

"With a blessed land, rich in agricultural and mineral resources, skilled and low-cost labour, large market, a robust and competitive private sector anchored on investment policies and legislation to guarantee predictability and consistency with global business practices, we are poised for double digit growth.

"Our administration is poised to redress the serious infrastructural gaps in Nigeria, raise production to create more jobs, build capital and stimulate further growth and prosperity of the country."

" The privatisation of key sectors of our economy, which was started under previous administrations, will be pursued and expanded to include other sectors. This exercise will be conducted in an open, transparent and competitive manner.

"We recognize the private sector as the engine of growth and a veritable partner in our economic agenda, and will therefore give the fullest possible support to foreign and domestic entrepreneurs.

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