Monday, 12 May 2014

Nigerian economy conducive for investors – Dangote

Africa’s Richest Businessman, Aliko Dangote, said that Nigerian Government had created enabling environment for investors to invest in the economy.
Dangote made the assertion in an interview with the News Agency of Nigeria at the just concluded World Economic Forum on Africa.
He said that Nigerian business policies in the last few years had been consistent and encouraging for serious investors.
“We do not have policy inconsistencies anymore. If we have policy inconsistencies, we will be the first to run away.
“So, I assure you that there are no policy inconsistencies now. But definitely once there is, people will run away, he said.
He said that Nigeria would witness continuous trajectory in terms of growing the economy.
According to him, government positive polices with huge Nigerian population remains an advantage to any willing investor.
Dangote said that he had invested about four billion dollars in the Nigerian economy in the last two years with additional 2.3 billion dollars on rice and sugarcane.
He urged local and foreign investors to invest in the nation’s economy, especially in the agricultural sector.
He said that Africa had become the preferred destination for investors, adding that investors were guaranteed more than 20 per cent return on their investment.
Source:punchng.com