Buhari assures U.S. investors of massive business opportunities in Nigeria | The Guardian Nigeria News - Nigeria and World News

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President Muhammadu Buhari on Friday assured U.S. potential investors of massive investment opportunities in Nigeria, especially in the non-oil sector of the economy.

Buhari gave the assurance at a dialogue session with some U.S. Investors, Nigerian officials, diplomats and as well as experts from the private sector in Washington D.C. on Friday.

“With regards to railways, sea and air ports as well as energy, which are expected to facilitate movements of people, goods and services as well as sustain the stabilization of industries and their growth respectively. “Nigeria’s GDP grew by 3.54 per cent year-on-year in real terms in the 2nd Quarter of 2022, which represents a sustained positive economic performance, especially for the Non-Oil GDP which fell by 4.77 per cent in Q2 2022 against Oil GDP that grew by -11.77%..’’

Buhari said bearing in mind the necessity for adequate and sustained power supply as a pre-requisite for any socio-economic and industrial development, he said his administration placed the power sector as a critical priority area. “The Energy Transition Plan is therefore, a huge investment opportunity in the gas sector,’’ he said.

In such circumstances, Buhari said Nigeria continued to treasure strong partnerships with friends and allies in our national, continental and global efforts for safety and survival.

 

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