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Jonathan seeks assistance in marketing Nigeria’s business potential

Abuja- President Goodluck Jonathan has urged companies doing business in the country to assist in marketing the country’s investment potential to other global investors.

Jonathan gave the advice on Saturday at the closing ceremony of the 17th Nigerian Economic Summit in Abuja.

The theme of the summit was “Attracting Foreign Direct Investment through Global Partnerships’’.

The President said: “Those companies already doing businesses in Nigeria are best suited to sell Nigeria to global investors.

“For example, a leading Indian investor in Nigeria confirmed during the opening session that the Indian businesses in Nigeria were growing.

“The investments of 7Up Bottling company, MTN, Dangote Group and Guinness have also been confirmed to be growing’’.

Jonathan, represented by the Minister of National Planning Commission, Dr Shamsudeen Usman, said since those companies had invested and were making profit, they should be the best marketers of Nigeria.

According to him, government is committed to ensuring sanctity of contracts and consistency in implementation of policies.

He said: “Government is serious about sustained implementation of the reforms as encapsulated in the Transformation Agenda leading up to the accomplishment of the NV20:2020.

“We are committed to strengthening institutions and take the reforms beyond individuals to ensure sustainability.

“We are also committed to the sustained tracking of the implementation of the various reforms,’’ Jonathan said.

He said the Federal Government was working closely with the private sector in moving and attracting foreign direct investment as part of efforts to move the country to the next level.

“Government is talking in the same mode as the private sector by emphasising the need to divert itself from businesses that can best be undertaken by the private sector.

“Let me, however, assure you that government is taking steps toward addressing security issues in Nigeria.

“I note the key findings and recommendations arising from this Summit, in particular the long term visa for investors, the deregulation of the petroleum sector and others that needed to be addressed within the next twelve months,’’ Jonathan said.

He added that government was committed to implementing the key aspects of the recommendations of the summit.

Speaking earlier, Mr Foluso Philips, the Chairman, Nigerian Economic Summit Group (NESG) said the summit recommended that both the public and private sector should work toward the implementation of national policies.

“Nigerians are tired of planning without action. This is time for governments and private sector to do it,’’ he said. (NAN)


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