$5b Foreign Investment: Good sign for Int’l investors – Minister
Tom Okpe, Abuja
The Minister of Information and Culture, Alhaji Lai Mohammed has stated that the $5billion foreign investment secured after the recent election in the country is a good signal that investors from the international community share positive confidence in the President Muhammadu Buhari Administration.
The Minister speaking with investors in London during his post election visit to the United States (US) and United Kingdom said: ”Not only is our administration positive about our economy’s outlook,
but the $5 billion in foreign investment that we have secured after the recent elections signals that you, the international community, share our positive outlook and confidence in the administration’s policy”, he told the breakfast meeting with investors, lawyers, the business community and diplomats with ties to Nigeria to convince them to invest in Nigeria.
The Minister is currently in the states to wrap up his visits to the United States and the United Kingdom, which he undertook to meet with the international media and Think Tanks in both countries, in the aftermath of the just concluded 2019 general elections in Nigeria.
During the visits, the Minister was interviewed by the BBC, VOA, SKY TV, Al-Jazeera, Washington Post, Reuters, The Economist, Financial Times and the Africa Report, among others.
He also met with influential Think Tanks like the Atlantic Council, the Council on Foreign Relations and the Centre for Strategic Studies, all in Washington, DC, as well as the international not-for-profit corporation FINCA, also based in the US capital
A key question that kept coming up throughout the visit is what the Buhari Administration’s priorities will be during its second term, to which the Minister responded that the priorities remained to revamp the economy, fight corruption and tackle insecurity.
The Minister also used the visits to correct the impression that the last-minute postponement of the 2019 Presidential and National Assembly elections was at the instance of the Independent National Electoral Commission (INEC), and that the Administration of President Muhammadu Buhari had nothing to do with it.
