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Nigeria assures foreign investors

09 May 2013, 14:44

Istanbul - The Federal Government has assured foreign investors of the safety of their investments in spite of the prevailing security challenges in the country.

Foluso Adeshida, Nigeria’s Deputy Head of Mission in Turkey, gave the assurance in a keynote address at the opening of the 2013 Nigeria-Turkey Business Summit which started on Thursday in Istanbul, Turkey.

Adeshida said that Nigeria was one of the safest places in the world for investment and urged Turkish businessmen and industrialists to take advantage of the huge opportunities in Nigeria.

He said that the Federal Government had eased the cost of doing business in the country, adding that investors were free to repatriate their profits to their respective countries unhindered.

The envoy advised Turkish businessmen to invest in agriculture, solid minerals and education, among others.

Adeshida said in an interview that the volume of trade between Nigeria and Turkey was encouraging.

He urged Nigerian businessmen and women to take advantage of the cordial diplomatic relations between the two countries by exporting Nigerian-made products to Turkey.

The envoy said that Nigeria could export ordinary products like groundnut cake to Turkey to make huge profits.

The Summit is being attended by more than 100 businessmen and industrialists from Nigeria.



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