By; BAYO AKAMO, Ibadan
President of the Senate, Godswill Akpabio, yesterday, assured foreign investors of the safety of their investments in Nigeria.
Senator Akpabio gave the assurance in his office, while receiving the JAMPUR INTERNATIONAL GROUP FZE, led by the CEO, Mohammed Shafiq.
He stressed that in line with this, the Federal Government under President Bola Tinubu is committed to providing conducive business environment for Foreign investors in the country.
” I welcome you on behalf of the Senate of the Federal Republic of Nigeria. Nigeria is very safe and ready for investors. I am aware you are already investing in Nigeria in the area of mining, power and trading. Thank you for employing Nigerians in your companies”, he said
Senator Akpabio pointed out that the decision of the Federal Government to put in place a single rate for foreign exchange was a deliberate attempt by the government to further assure foreign investors of the safety of their investments anywhere in the country.
“The current administration has been able to normalize our foreign exchange rate by having only one window. Investing in Nigeria is worth the while because of the returns in investments based on our population of over 200 million and the land mass”
Stressing that, “The President is ready to ensure that people get value for their investments, himself being a strong businessman”, the Senate President said, ” he has a track record of achievements in Lagos State when he was the governor. Lagos today, has become one of the largest economy in Africa because of the foundation he laid.”
Akpabio assured his visitors of the safety of their investments through legislations, saying ” I assure you that the Federal Government will do everything humanly possible to protect your investments by putting in place enabling laws on investments and security for its citizens and foreign investors. “
Earlier, the CEO of JAMPUR INTERNATIONAL GROUP FZE
Muhammed Shafiq said he was in the Senate to formally congratulate the President of the Senate on his emergence as the Chairman of the National Assembly and to wish him well in office.
” We are here to congratulate you on your election as the President of the Senate and to intimate your on our readiness to continue to partner with the government in the area of mining, agriculture and power.”
