Economy

“Nigeria Now Safer For Doing Business” – Buhari

Published

8 years ago

September 20, 2016

President Muhammadu Buhari has assured foreign investors of safety of their lives, properties and investments in the country, noting that terrorism was now being defeated by his government.

Mr Buhari gave this assurance on Monday while speaking with his South African counterpart, Mr Jacob Zuma in New York, on the sidelines of the 71st Session of the United Nations General Assembly.

During the bilateral meeting between the two African leaders, Mr Buhari pointed out that advances being made against Boko Haram insurgents go beyond degradation through just force of arms, explaining that de-radicalization process was also going on.

He remarked that “we are achieving some measure of success. Even suicide bombing is becoming rare, as the local people are themselves rejecting indoctrination by the insurgents.”

The President assured existing and potential investors in Nigeria of adequate protection of their lives, investments and property, as the security situation in Nigeria is now very much better and conducive.

Mr Buhari said Nigeria was working hard to diversify the economy and expressed willingness to collaborate with South African businessmen especially in the areas of mining and agriculture, for the mutual benefit of the two countries.

In his remarks, President Jacob Zuma of South Africa recollected his visit to Nigeria earlier this year which he described as “very successful.” He added that he was interested in the promotion of economic and trade partnerships between the two countries.