Buhari invites foreign investors to explore Nigeria’s investment potentials

President Muhammadu Buhari has invited the international community, especially foreign investors, to come into Nigeria to take advantage of the country’s diversity in human and natural resources.

The President, who extended the invitation on Thursday during a ceremony to receive the Letters of Credence of the Ambassadors of Belgium, Mauritania, Austria, and Norway at the Presidential Villa, Abuja, also said youth development, integration, and employment remain a priority for his administration.

According to a statement issued by Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, the President said “Nigeria is ready to pursue broader dialogue, as well as enhance cooperation and collaboration on the basis of constructive mutual respect and a shared vision for our future.

“As you may know, Nigeria is an ethnic and culturally diverse society with various opportunities which we seek to creatively utilise for the benefit of our people. We are also a country with a huge population that is predominantly youthful.

“These pose peculiar new challenges of their own. As Nigeria relates to your countries, it is our expectation that we should leverage the advantages that can yield positive results in youth development in our country.”

The Ambassadors who presented their Letters of Credence to the President are Mr. Daniel Bertrand, Ambassador of Belgium, Mr. Amedi Camara, Ambassador of Mauritania, Mr. Thomas Schlesinger, Ambassador of Austria, and Mr. Knut Eiliv Lein, Ambassador of Norway.

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Buhari said Nigeria enjoys very good bilateral relations with the respective countries and had collaborated at the multilateral level to achieve targets set by several international conventions and treaties.

“Allow me to offer you my sincere congratulations as you commence your diplomatic duties as defined by the Vienna Convention on Diplomatic Relations. As we celebrate its 60th anniversary, next year, it is my hope that you will carry out your respective mandates to improve existing cordial relations between our countries consistent with the provisions of this time-honored convention.’’

The President told the ambassadors that there was a need to enhance the existing cordial relations in the interest of citizens and countries.

“Nigeria shares common problems of insecurity, the impact of climate change, and socio-economic challenges common among nations. Notwithstanding these challenges, efforts are being made to sustain our position to overcome these difficulties. I invite you to partner with us to address these challenges.

“As a global family, we are impacted by several other common challenges like terrorism, insurgency, climate change, population explosion, human trafficking, corruption, poverty, and now the global health pandemic which Coronavirus represents considering its mayhem across the world.’’

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The President said the challenges underscore the need for the international community to make concerted efforts at resolving them in the interest of common humanity.

“The survival of humanity depends on our efforts to enhance our cooperation to attain the goals of global peace and economic prosperity.’’

In his remark, on behalf of others, the Ambassador of Belgium thanked the President for making out time to receive the Letters of Credence in spite of the peculiar situation created by the COVID-19, assuring that all the ambassadors will make the most of the opportunity to enhance relations in economics, commerce, and socio-cultural issues.

“Your Excellency, we are at your disposal to strengthen and narrow the ties, not only in economic and commercial issues but also in cultural terms,’’ he added.

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