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President Buhari

Buhari Woos Foreign Investors

-Assured Them Of Safety …Nigeria Remains France No. 1 Destination

President Muhammadu Buhari yesterday at a parley with French investors, assured them of his administration’s commitment to provide a suitable business environment that would boost economic activities and create jobs for Nigerian youth.

The President who spoke of his administration’s commitments to creating necessary environment for business to thrive, also assured the investors of safety in Nigeria.

The President, while addressing a gathering of investors at the Nigerian-France presidential business forum which held at the headquarters of the French Business Confederation (MEDEF) in Paris, recounted that his administration approach headlong the issue of insecurity within the early days of the government to ensure safety of all citizens and guarantee investment for both local and foreign investors.

President Buhari extolled the cordial relationship between Nigeria and France, adding that such cordial trading partnership was established to promote a win-win sustainable business relationship.. He recalled the long stand standing economic ties between the two countries which dates back as far as 1902 when the CFO set up training programme in Lagos State.

He also assured that his government will rebuild Nigeria into a competitive, virile, productive economy based on excellence, integrity, transparency, accountability and respect for the rule of law. “It is a positive development that today Nigeria is the largest trading partner with France in Africa.

But opportunities abound to greatly increase the current $5billion annual trade volume and I fully agree with President Hollande when he declared in February, 2014 in Abuja that trade volume between both countries should double in four years.

According to the President, this trade expansion is to cover critical areas, such as agriculture, energy, and automobile and skill development.“Today many French companies are happy to have flourishing businesses in Nigeria, opportunities abound to greatly increase the $5billion annual trade volume between the two countries” He lauded the commitment of the French President Francois Hollande with his plan to redouble this number.

“ Nigeria is now at a new dawn to chart and reposition its destiny for greatness. We are resolved and firmly determined to consolidate on industrializing Nigeria and diversifying its economy into sectors such as agro-processing, mining, manufacturing, petrochemicals, food processing and textiles.”


– Tony Ailemen, Abuja 

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