Commonwealth Investors Earmark N199.20billion for Investments in Nigeria

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Investors under the Commonwealth Enterprise and Investment Council have marked down N199.20 billion for investment in Nigeria.

The chief executive officer of the council, Oliver Everett, at a meeting with the Nigerian Investment Promotion Council held in Abuja, on Wednesday, May 4, said the council would introduce investors to Nigeria.

“Investors are willing to look at investment opportunities,” he said.

He said the investors would focus on agribusinesses, add value to raw materials and help Nigeria export her goods to Commonwealth nations.

Everett said: “We want to come in, provide mentorship and training, get businesses to be export ready and they can export their goods outside Nigeria and bring much needed foreign exchange.”

The acting executive secretary of the NIPC, Ladi Katagum, said the team has started meeting with investors.  Katagum said the Commission has facilitated the investors meeting with their local colleagues.

She said emphasis was placed on investments that would create wealth and jobs for Nigerians.

 

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