President Muhammadu Buhari says Nigeria is an attractive investment destination because the country has one of the world’s highest returns on investment.
The President stated this during a business roundtable with the visiting Prime Minister of the Netherlands, Mark Rutte, and members of his delegation at the Abuja State House on Tuesday.
He revealed that Nigeria has embarked on massive infrastructure development aimed at creating a favorable atmosphere for business to thrive across the country.
“Nigeria is a very attractive investment destination. Nigeria offers one of the highest returns on investments in the world.
“Your Excellency, this administration is making frantic efforts to generate stable electricity as witnessed by Nigeria’s recent signing of enhanced power supply with Siemens of Germany.
“This is aimed at eliminating bottlenecks in the grind capacity of our electricity supply for economic growth.
“As we develop our infrastructure, our micro economic policies are being strengthened in order to guarantee economic stability.
“Now is the single moment for Nigeria and The Netherlands to engage more concretely and collaborate more closely for our mutual economic benefit and sustainable development of our two countries,’’ he added.
While fielding questions from State House correspondents after the event, the Prime Minister, who has been in office since 2010, said the visit to Nigeria being the first was very impressive.
He specifically commended Nigeria at the International Criminal Court in The Hague for promoting international law.
Nigeria and the Netherlands share the belief that international law is contributing to a fairer and safer world, he says.
“It’s my first visit to Nigeria and like I said at the lunch meeting, I am very impressed. Everything in this country is huge, is big. It’s 20 times the size of the Netherlands and more people live in Lagos than the whole of my country.
“In the tete a tete, the discussions we had with the business leaders, it is very clear that despite the fact that there are so many differences that we have a lot to offer each other be it politically, economically or culturally.
“Politically, Nigeria has taken its responsibility as one of Africa’s most important countries by playing a leading role in the region and by this way expanding democracy in West Africa.
“I have deep respect for the way Nigeria is doing this including the leadership of the president,’’ he said.