FG Reassures Investors

The Minister of State for Trade and Investment, Dr Samuel Ortom, last Monday reiterated the Federal Government’s commitment to giving necessary support to potential investors in the country.

Ortom gave the assurance when he received Mr Romeo Barberopoulos, Chairman, Export Promotion Group of the Manufacturing Association of Nigeria (MAN) in his office in Abuja.

“The Ministry of Trade and Investment is ready to work with all intending investors in the country and we will not relent until we win the war of insecurity and make the environment conducive,” he said.

He stressed that the challenges in the power and security sectors would soon be a thing of the past.

According to him, President Goodluck Jonathan’s agenda is to provide jobs and to create wealth for the country’s teeming youths.

He said that the ministry was set up to actualise and achieve the target of the administration, adding that it was working hard to remove the hindrances to achieving economic development in the country.

Ortom assured them that the government was doing all it could to tackle insecurity in the country for the industrial sector to develop.

“I want to assure the manufacturers that the President has given his words that every investor and his investments will be protected in the country,” he said.

The minister said that the transformational agenda of the President was intended to transform every sector of the economy.

He said that within the next few months, Nigerians would begin to experience the impact of improved power supply.

Barberopoulos said that a group of investors from Greece and Germany were interested investing in the railway, power and agribusiness sectors in Nigeria.

He called for deeper trade relations with the foreign countries, saying that trade should be a veritable tool in the transformational agenda.

He said that it was expected that foreign direct investments from Greece and Germany to Nigeria would be up to N35 billion.