Buhari Woos French Investors | Independent Newspapers Limited
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Buhari Woos French Investors

Posted: Sep 15, 2015 at 4:48 pm   /   by   /   comments (0)


By Chesa Chesa, Abuja


President Muhammadu Buhari on Tuesday, September 15, 2015, assured investors in France and other parts of the globe of his administration’s commitment to providing conducive business environment that would nurture their investments.

He gave the assurance in Paris while addressing investors at the Nigerian-France Presidential Business Forum at the headquarters of the French Business Confederation (MEDEF) as part of his three-day tour of France.

Buhari said that his decision to confront security challenges headlong within the early days of the government was to ensure the safety of all citizens and guarantee investment for both local and foreign investors as well as create jobs for Nigerians.

Besides, Nigeria and France with an existing cordial trade partnership, need to promote a win-win sustainable business relationship, he stated.

Recalling that the partnership dated as far back as 1902 when the CFAO set up a training programme in Lagos State, the President assured his audience that his government would rebuild Nigeria into a competitive, virile, productive economy based on excellence, integrity, transparency, accountability and respect for the rule of law.

According to Buhari: “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.”

This trade expansion is to cover critical areas such as agriculture, energy, automobile and skill development, he disclosed.

“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”