Osinbajo woos international investors for manufacturing sector

VP Osinbajo Vice President Yemi Osinbajo on Monday in Davos, Switzerland, said that the country was ready to partner international investors and friendly nations to develop Nigeria’s manufacturing...

VP OsinbajoVP Osinbajo

Vice President Yemi Osinbajo on Monday in Davos, Switzerland, said that the country was ready to partner international investors and friendly nations to develop Nigeria’s manufacturing sector.

Osinbajo stated this while meeting with a delegation of the Japan External Trade Organization (JETRO), led by Mr Hiroyuki Ishige, the organisation’s Chairman and CEO on the sideline of the World Economic Forum (WEF).

According to Osinbajo, the Buhari administration working with the Private Sector is determined to boost the Nigerian manufacturing sector and will be engaging with international partners and friendly nations to realise the goal.

“Nigeria and Japan should be doing more, far more based on the existing long relationship and trade between both countries,” said the vice president.

According to him, the collaboration will be mutually beneficial to both countries.

The vice president said manufacturing was one sector that Nigeria and Japan could work together and deepen their economic relations.

“Nigeria, the largest economy in Africa will be getting involved in the manufacturing global chain and it would be private sector led, government would be backing it up,” Osinbajo explained.

He cited the example of the Special Economic Zones (SEZ) being set up in the country as a major boost to the sector, adding that the zones will have all needed infrastructure.

“We will provide world-class infrastructure and this is a good opportunity for investors around the world to tap into, an opportunity to do some game-changing projects, to do something big,” he added.

Earlier, JETRO’S Chairman, noted the rise of Japanese firms in Africa and highlighted the country’s readiness to promote business in Nigeria and support Nigeria’s export promotion.

Also the vice president participated in the WEF’s solo video message recording on the conference’s theme: “Shared Future in a Fractured World”.

In the programme, heads of government and business leaders answered questions around economic development sent in from the global public.

Other leaders who participated in the video included French President, Mr Emmanuel Macron, and the Prime Minister of Norway, Mrs Erna Solberg. (NAN)


Source: All Africa

Categories
New Content!
No Comment

Leave a Reply

*

*

GH TV Online is a one-stop digital platform for current affairs concerning Africa from a Ghanaian perspective.

The YouTube Platform is now an open space for content creators to submit their content for the platform. Please use the
Submit Content section of the website at www.ghtvonline.com/submitcontent or register as a content creator for more information.

The purpose of the website is to extend our YouTube content into 3 sections
Read - Up-to-date current affairs stories aggregated from known News publishers from around the World with a focus on Africa and/or Ghana
Watch - for all Youtube content and videos aggregated from across the web
Listen- Latest music releases, Podcasts and Radio streams

For advertising, partnerships and more, get in contact.

RELATED BY

Eh Chale,

Subscribe here!

Good  work!