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NEWS and REPORTS => Nigerian News => Topic started by: Mirror on Nov 13, 2013, 11:31 PM

Title: FG woos US investors on new tolling policy
Post by: Mirror on Nov 13, 2013, 11:31 PM
The Federal Government yesterday asked a group of United States investors in Nigeria to take advantage of the new tolling policy underway to invest in the country's roads and bridges infrastructure.

Speaking while a delegation of the United States trade mission visited him in Abuja, Minister of Works, Mr. Mike Onolememen, told them that the Federal Government had identified some viable roads it planned to prioritise for concessioning.

The US delegation, comprising businessmen and women in various investment areas, was led by Ambassador Geoffrey Teneilase, the Amb/Consula- General Atlanta and their mission is to inquire about possible investment areas in Nigeria.

Onolememen, who told the delegation that they had made the right choice in choosing Nigeria as the preferred investment destination, said the country has the population, the natural resources and the market needed to support any viable business.

He said that his ministry is poised to collaborate as well as provide the needed assistance to every willing investor, particularly in the areas of infrastructure development.