Osinbajo Invites Foreign Investors to Nigeria

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Nigeria's Vice President, Yemi Osinbajo

Enterprise Television- Osinbajo Invites Foreign Investors to Nigeria

The Vice President, of the Federal Republic of Nigeria, Professor Yemi Osinbajo, has called on foreign investors to invest in Nigeria, adding that the country is the investment destination for Africa.

He made this known at the commissioning of the second phase expansion project and laying of foundation stone for the third phase expansion project of Beloxxi Industries Ltd in Agbara, Ogun state adding that the country has become an easier place of doing business.

Osinbanjo also said the policy laboratory, launched on February 6th,2018 was to accelerate the intervention of the Economic Recovery and Growth Plan (ERGP).

According to Him, the goal of this lab is to generate $24 billion worth of investment, 80 percent is expected from the private sector with 15 million jobs and a projected Gross Domestic Product (GDP) growth of 3.5 per cent this year and seven percent growth by 2020.

Osinbajo commended the founder of Beloxxi, Mr Obi Ezuede for his achievement in the manufacturing sector and said that the government looks forward to collaborating with Beloxxi Industries across the platform to ensure economic growth and job creation.