Abuja - The Abuja Chamber of Commerce, Industry, Mines and Agriculture (ABUCCIMA), says the new visa policy introduced by the federal government is laudable, but should be based on mutual benefits.
The President of ABUCCIMA, Dr Solomon Nyagba, told the News Agency of Nigeria (NAN) in Abuja on Friday, that the policy should be for investors from countries that would reciprocate it.
According to him, Nigerians who deserve such incentives also go to other countries to invest.
"It is okay; it is a good initiative, but the issue of mutual relationship is very important.
"We should target countries that can reciprocate the gesture to genuine Nigerian investors; we should not appear to be begging others to come and invest."
The federal government recently approved a new visa policy to facilitate foreigners' access to Nigeria’s visa at various point of entries into the country.
The new visa regime is expected to make it easier to attract foreign investors, boost trade and place Nigeria in a more competitive stage for foreign investment.
The policy mandates any foreign investment threshold in the country to employ a specific number of Nigerians in addition to understudies.