Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Nigeria

We’ll protect foreign investments in Nigeria – Buhari

President Muhammadu Buhari on Saturday night in Nairobi, Kenya, reassured existing and prospective foreign investors that their investments in Nigeria were secured and would be fully protected.

This is contained in a statement issued in Abuja on Sunday by the president’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu.

The statement said that Buhari gave the assurance at a bilateral meeting with Japanese Prime Minister, Shinzo Abe, on the sidelines of the sixth Tokyo International Conference on African Development (TICAD) in Nairobi.

The president outlined several steps taken by his administration to secure the country and ease doing business in Nigeria.

He also told the Japanese leader that “with the defeat of the Boko Haram terrorists by the military, attention of my administration is now focused on stopping the destruction of the country’s economic assets by militants in the Niger Delta’’.

He said that the militants must dialogue with the Federal government or be dealt with in the same way like Boko Haram.

“We are talking to some of their leaders; we will deal with them as we dealt with Boko Haram if they refuse to talk to us.

“As a government, we know our responsibility, which is to secure the environment.

“It is clear to us that lenders won’t fund projects in insecure environments.

“We realize that we have to secure the country before we can efficiently manage it,’’ Buhari said.

According to him, the security in the Gulf of Guinea, which is greatly affected by piracy and armed robbery at sea, is a priority for the Nigerian government.

“We have provided funds to our Navy to buy new platforms, train and effectively organize the personnel to protect the area.

“We are looking forward to support from developed nations for satellite surveillance covering the Gulf.’’

Buhari recalled his audience with G7 leaders in Germany, and thanked Japan for responding positively to Nigeria’s requests for the rehabilitation of victims of Boko Haram and rebuilding of infrastructure in the North-East of the country.

He, however, stated that there was still more to do on education, health and other infrastructure to ensure quick and voluntary return of displaced persons to their communities.

On the United Nations Security Council reform, the president agreed to work with Japan for the reforms, stressing that the case for a permanent seat for Africa on the council was a moral one.

He also expressed Nigeria’s support for Japan in its bid for a UN resolution on the problems in East China and South China as well as the “uncontrolled nuclear tests by North Korea.’’

According to him, the UN system is sufficient for the resolutions of all disputes and no nation should be above the United Nations.

“This has to be made absolutely clear and I assure the prime minister that I will meet as many leaders as possible at the forthcoming UN General Assembly concerning the issues,’’ he added.

In his remarks, Abe congratulated Buhari “for courageously tackling Boko Haram terrorism”.

He said Nigeria and Japan must work together to improve the investment climate in view of the many Japanese companies wishing to invest in Nigeria.

Abe reaffirmed Japan’s commitment to rapid development in Nigeria through quality delivery of ongoing projects in the country, including Jebba hydro power scheme and the Lagos railway project.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
WP2Social Auto Publish Powered By : XYZScripts.com