Despite foreign investors pulling over 1 trillion naira out of Nigeria between January and June this year, Nigeria’s Minister of Budget and National Planning, Senator Udo Udoma, believes foreign investors are ready to increase investment in Nigeria.

Udoma was said to have addressed an investor roundtable at the United Nations General Assembly meeting which held in New York this week.

He expressed appreciation to the foreign investors for the interest they continue to show in Nigeria and their willingness to spread the good news about the investment opportunities in the country.

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According to the ministry, key foreign investors, who met at various meetings with the Nigerian government delegation at the event expressed interest in scaling up investment in the country, saying Nigeria was still the best investment destination in Africa with enormous natural and human resources.


The meeting was held under the auspices of the Business Council for International Understanding, a statement signed by the Special Adviser to the Minister on Media, Akpandem James, indicated on Friday.

Udoma said President Muhammadu Buhari had promised that he would restore peace in the troubled zones of the country, fight corruption and grow the economy.

“The Buhari administration has worked hard to ensure that those election promises are fulfilled,” he added.

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