Nigeria’s Investment Incentives Profitable For Foreign Investors - Onowu

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

The Nigerian Ambassador to Belgium, Obinna Onowu, has said that the Federal Government was ready to provide all adequate measures and incentives to ensure

Ambassador Onowu gave the assurance at the weekend in Brussels, during a ‘‘meet and greet’’ with members of the Belgium-Luxembourg-Nigeria Chamber of Commerce .

A statement issued by the Nigerian mission in Belgium, signed by Mrs Olamide Adeniran, a Counsellor, said the parley afforded the Nigerian Ambassador the opportunity to apprise the international investors of the huge investment opportunities in Nigeria.Commending the BLNCC and Embassy staff for organising such an important event, Onowu was quoted to have said that Nigeria is a major investment hub in Africa and the largest economy in Africa.

”For a country that had just crawled out of a recession last year, in the first quarter of this year, it recorded 0.5 per cent growth in its GDP while in the second quarter, 5.01% which served as a huge plus to the economy. ”It is noteworthy that the 5.01 per cent growth recorded in the second quarter, 92 per cent of it was from the non-oil sector,” he said.

Acknowledging the challenges facing the country, Ambassador Onowu stated that these challenges were potential business opportunities in disguise for investors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Odu’a investment partners Duke of Shomolu for Awo | The Guardian Nigeria News - Nigeria and World NewsAfter a recent performance of Aremu, which attracted Chief Olusegun Obasanjo (GCFR), the Duke of Shomolu Productions, in partnership with the Odu’a Investment Company Limited
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Equities Market To Close Bullish This WeekInvestment analysts have said that activities in the nation’s stock market will be bullish this week over positioning by investors in interim dividend
Source: LeadershipNGA - 🏆 4. / 77 Read more »