Nigeria is Africa’s preferred investment destination due to its large population and vast opportunities in different sectors of the economy, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said.
Addressing a distinguished audience of French and Nigerian business leaders, policymakers, and investors at the France-Nigeria Business Forum in Paris, France, the Minister said the potentials in the different sectors of the economy stands her out as the investment destination of choice in Africa.
Edun identified priority sectors of the economy open for investment to include Agriculture, Renewable Energy,
Technology and the creative industries.
Also, he highlighted government initiatives in the form of incentives to include tax holidays, duty waivers, and the development of Special Economic Zones (SEZs) to promote the development of certain sectors of the economy.
Reiterating Nigeria’s focus on strengthening regulatory frameworks to support foreign and local investments, the Minister said that Nigeria has continued to demonstrate its readiness to attract investment and foster international partnerships like the France-Nigeria Business Forum, which has provided a pivotal platform to deepen economic ties between the two nations.
With its rich natural resources, vast market, and entrepreneurial spirit, the minister said Nigeria was indeed poised to become Africa’s premier investment destination.
