Delivering a keynote address at the virtual Nigeria-Britain Trade and Investment Expo with the theme: “Unlocking the Future of Anglo-Nigerian Trade” on Thursday, the minister noted that there is a correlation between ease of doing business and economic prosperity of the country.
Speaking on efforts to attract investors to the country, he disclosed that Nigeria has revised its bilateral investment treaty model with the provision for investment facilitation inserted to institutionalise the principle of supporting investors to actualise their investments. According to him, the iGuide Nigeria is an easy-to-use online platform which provides investors with up-to-date and pertinent information on the processes, procedures and basic costs of setting up and doing business in Nigeria.
“Furthermore, Nigeria is an active player in informal engagements at the World Trade Organization on Investment Facilitation for Development , an initiative that emphasizes increasing investments for sustainable development in developing countries through proactive investment facilitation.