Olusola Bello
The Minister of Industry, Trade, and Investment, Niyi Adebayo, said Nigeria’s slip in a ranking of top investment destinations in Africa was due to insecurity.
He said the reasons for that are various, the major one being the security problems that we have in the country.
The minister made this statement on Thursday while briefing reporters at the State House in Abuja.
He said: “And as you are all aware, the Federal Government is making every effort to resolve the security problems, so that we will go back to the position of being the preferred destination.
“Our position is getting better because there seems to be a big interest now in investing in Nigeria.”
President Muhammadu Buhari, had recently at the Expo 2020 Dubai trade and investment forum in UAE, had boasted that Nigeria was Africa’s most attractive investment destination.
In 2014, Nigeria was second.
