The Minister of Finance, Mrs. Kemi Adeosun, has charged investors from the United Kingdom (UK) to take advantage of the improved business environment in Nigeria to invest in key sectors of the economy.
The minister gave the advice at a meeting with members of the business delegation that accompanied the British Prime Minister to Nigeria, assuring that present government has taken bold steps in creating an enabling business environment for attracting investments.
Adeosun pointed out that one of practical demonstrations of the President Buhari-led government to make Nigeria’s investment climate more business friendly was the establishment of the Presidential Enabling Business Environment Council (PEBEC).
She restated the government’s commitment to improve the business environment through sustained policy reforms, noting this step will assist in consolidating the gains of the economy through the deepening of the ease of doing business project.
The minister explained: “There are lots of business opportunities in Nigeria and the government is addressing assiduously the impediments to ease of doing business in Nigeria. This will make it easier for businesses to grow and contribute to sustainable economic activity in the country as well as create jobs.”
She also advocated the need for the deepening the nation’s capital market with specific products that could be channelled towards infrastructure financing in view of the critical roles the capital markets play in stimulating sustainable economic growth globally.
In his remarks at the parley, the British Minister for Africa, Harriet Baldwin, expressed satisfaction with the bilateral trade relations between Britain and Nigeria.
Currently, the value of Nigeria-UK merchandise trade is worth £4.2bn per annum.
