Sen. Udoma Udo Udoma has said Nigeria’s priority is to create a better environment for businesses to thrive in the country.
He said that Nigeria had also focused on expanding the productive base of the economy; the country was always open for business.
Udoma, however, praised the increasing interest in Nigeria by both domestic and foreign investors.
He assured that the government was determined to continue with the various initiatives to improve the business climate as set out in the Economic Recovery and Growth Plan (ERGP).
“We are happy to report that in the World Bank’s latest rankings, released in October 2017, the country moved up 24 places – a remarkable achievement.
“Nigeria has also been recognised as one of the 10 top reforming countries in the world.’’
The minister also encouraged the delegation to participate in the Malaysian style labs, one of the strategies being adopted by government to speedily achieve some of the core objectives of the plan.
He said the aim of the focused labs was to increase both local and foreign direct investments which would ultimately translate to more jobs.
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