President Muhammadu Buhari has welcomed the rise in foreign private investments in the country owing to the success of his administration’s economic agenda.
Speaking yesterday at a meeting with a Qatari business delegation led by the former Emir, Sheikh Hamad Bin Khalifa Al-Thani at the State House, Abuja, the President in a statement by his spokesman, Garba Shehu described the federal government’s economic agenda as one designed to move the country from over-reliance on crude oil and food importation.
He said the policy has, in the past two years turned Nigeria into one of the most attractive investment destinations in Africa. According to President Buhari, “My administration’s economic agenda has always been to move away from over reliance on crude oil and food importation. Nigeria is a blessed country. We have fertile land. We have young and energetic population. And we have a very strong legal and regulatory system that protects capital and investments, both local and foreign.
“As you are aware, Nigeria just exited its worst recession in more than two decades. We have more than doubled our foreign reserves. We are winning the war against corruption. We are developing our infrastructure. And we are enforcing the rule of law. As a result of this, we are seeing significant growth in the non-oil sector which is creating thousands of jobs across the country.”
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