Nigeria: Now Is Time To Invest In Nigeria, Gov Oyebanji Urges Investors at US- Africa Business Summit

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Press Release - Ekiti State Governor, Mr Biodun Oyebanji yesterday in Dallas , USA told foreign investors to take advantage of the current economic reforms in Nigeria to invest in the country.

Ekiti State Governor, Mr Biodun Oyebanji yesterday in Dallas , USA told foreign investors to take advantage of the current economic reforms in Nigeria to invest in the country.Ekiti State Governor, Mr Biodun Oyebanji yesterday in Dallas , USA told foreign investors to take advantage of the current economic reforms in Nigeria to invest in the country.

Governor Oyebanji, in his presentation also cited a few successful collaboration between Ekiti State Government and some international investors, including Cavista Holdings and Promasidor to make a case for more direct investment in the state, stressing that the right time to invest in the state is now.

“Nigerians believe in this government because we have a President that has done it right and all the governors have keyed into his vision as well. So, the time to invest in Nigeria is now.” He added. “So, the sub-nationals are critical to developing the Nigerian economy, but for them to attract credible investors there must be clear regulatory framework. The ease of doing business has to be top notch, security must be guaranteed, put in place the building blocks that will allow businesses to grow and thrive. Things must also be done in the way and manner that will give them confidence to bring their capital to invest.

“So we started with the facility at Ikogosi Warm Spring and Resort that we are so proud of, and they told us what is expected of us as a government and because of the recent reforms of the Federal Government, which ceded resources to sub-nationals who are able to build critical infrastructure to support investments. Now the Resort is a success story, and because of that, we have now migrated from Tourism to the Agriculture.

 

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