Nigeria Plans to Triple Foreign Direct Investment by 2015

“Nov. 29 (Bloomberg) — Nigeria, Africa’s most populous nation, plans to triple foreign direct investment, now at $3 billion a year, by 2015, Trade and Investment Minister Olusegun Aganga said.

The West African nation with 167 million people also aims to create 3 million new jobs within the period, the minister said in a speech he sent today to a conference in Lagos, the commercial capital.

To achieve these, the government has “to promote Nigeria as an attractive destination of investment and enhance quality of live,” he said. One of the things the government will do is make it easier to do business in the country, Aganga said. . .” – The Full Story on Bloomberg.

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