Some Nigeria legislators have assured foreign investors of huge profits on their investments in the country.
The legislators made this known at a forum by the Debt Management Office (DMO) on “Nigeria Non-Deal Roadshow Investor Presentation in USA.”
They told some newsmen in New York on Friday that the DMO should make such roadshow more regular.
According to them, the roadshow will go a long way to enlighten the international community, especially the business world about Nigeria.
The Chairman of Senate Committee on Finance, Sen. Prince Otu, said that Nigeria was an emerging economy.
“Nigeria is really a rising star; the roadshow will create an avenue for us to have direct interactions with investors who will in turn increase direct foreign investment into our economy.
“We can see that from the reactions that we have got most of this people, who attended the roadshow, have found out that there is more than what they need to know about Nigeria that they do not know.
“The only thing they get from their media is the negative reports about us, they don’t know about the great potentials that are inherent in Nigeria.’’
Otu said that some of the investors, who had some knowledge about the country only talked about oil as if that was the only resources in the country.
“Now they have seen that there is great need for investment in agriculture, mining and power.
“They have known that those who invested in telecommunication are making reward from their investment.’’
Also Sen. Sonni Ogbuoji, Vice Chairman Appropriation, said the roadshow afforded both the DMO and investors the opportunity to exchange views on the country’s economy and its recent performance.??
“I believe it is time for investors to come into Nigeria to do business, because their returns are totally guaranteed.
“I believe it is quite successful.
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