What Udoma Told Investors In London
So, Nigeria’s Minister of Budget and National Planning, Senator Udoma Udo Udoma was in London to attend the UK-Nigeria Trade and Investment Forum.
At the forum, he asked Nigerian investors to come and invest in Nigeria.
In a statement issued by his Special Adviser on Media, Akpandem James on Wednesday, Udoma said the investors should come and invest in Nigeria because the country’s economic policy initiatives were yielding results.
Another reason Udoma gave the forum participants, according to the statement, is that Nigeria’s outlook for 2018 was very positive, while reminding them that Nigeria had exited economic recession.
The minister said the Economic Recovery and Growth Plan, ERGP was put together to deliver sustained inclusive growth and several initiatives in the plan were being implemented to remove constraints to investments.
According to him, some of the initiatives include the Presidential Enabling Business Environment Council (PEBEC) and the Focus Labs.
Udoma listed some other initiatives as Investors and Exporters Foreign Exchange window, Nigeria Industrial Policy and Competitiveness Advisory Council and establishment of Special Economic Zones as well as Road Trust Fund Scheme.
He told the participants that the on-going ERGP Focus Labs were being conducted to unlock private investments and tackle constraints to investments.
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