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NEWS and REPORTS => Nigerian News => Topic started by: Shola Sholaz on Jul 02, 2013, 09:57 PM

Title: Cross River Attracts Private Investment InExcess Of $2bn
Post by: Shola Sholaz on Jul 02, 2013, 09:57 PM
CROSS River State has in addition to being the preferred tourism destination also become the preferred investment hub in Nigeria with Private investment portfolio currently in excess of 2 billion dollars which have generated employment for hundreds of people in the state, Mr. Gerald Ada, the Special Adviser to Senator Liyel Imoke on Investment Promotion Bureau has said.
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While interacting with newsmen on the activities of his Bureau in the past one year last week, Ada said the favourable investment climate in the state coupled with its innovative creation of a one -stop - investment centre have served as points of attraction to investors.
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He said the state is gradually inching up the ladder to become one of the busiest economies in West Africa and "Our ultimate aim is to make the economy among the five biggest in Nigeria after Lagos, Abuja, Port-Harcourt and Kano".