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AfricaTrade & Industry

FG is looking forward to more foreign investment- Osinbajo

By Oluwaseun Sonde

The Vice President, Prof Yemi Osinbajo has said that the Federal Government is looking forward to more foreign investment from foreign companies, including Turkey, in the areas of construction, manufacturing, technology and other sectors in Nigeria.

He stated this when received at the Presidential Villa, Abuja, a Turkish business delegation led by Turkey’s Minister of Trade, Ruhsar Pekcan on Tuesday.

With Nigeria and Turkey having existing bilateral relations for decades and maintained close cooperation in international organizations, the Vice President noted that he looks forward to greater cooperation between the two countries exploring other areas to deepen economic ties.

“I think also that more opportunities will come for further interactions with Turkey, especially in the light of the African Continental Free Trade Agreement we just signed. I believe very strongly that this is an opportunity also for Turkey to participate fully in the African economies, in particular, Nigeria’s economy. As you are well aware, several Turkish companies are already operating in Nigeria, in construction, manufacturing and other areas.”

In her remarks, the Turkish Minister of Trade said the Turkish government is looking forward to improving the bilateral trade volume between Nigeria and Turkey and deepening economic ties. She noted that there are several Turkish companies already in Nigeria and Turkish investors willing to invest in different sectors in the country.

Pekcan also thanked the Nigerian government for its continued support in tackling the global threat of terrorism.

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