President Muhammadu Buhari says his administration is committed to creating an enabling environment and making Nigeria an attractive place for business and investment.
According to Buhari, economies that grow fastest and at more sustainable rates are those that actively promote trade and investment.
Speaking in Istanbul yesterday at the ninth summit of D-8 countries, he urged member-states’ leaders to prioritize incentives and measures aimed at increasing trade and investment among member countries.
The president said the private sector and business communities in the economic organisation must be assisted with incentives to widen economic cooperation among member-states.
‘‘As the D-8, we need to intensify our activities with a view to enhancing various measures and incentives introduced to promote trade and assist the business communities from member-states to invest in our countries and widen our cooperation. We need to work hard to establish integrated manufacturing structures and markets,’’ he said.
Buhari also reiterated Nigeria’s commitment to international trade and development even as he affirmed the country’s readiness to host the Meeting of D8 Ministers of Industry from November 14 – 17 in Abuja.
Highlighting attractive business and investment opportunities, Buhari stressed the need for prospective investors to take advantage of the federal government’s new policies on trade facilitation.
‘‘Nigeria is committed to, and is actively pursuing a policy of trade and investment facilitation for growth,” he said.