foreign development investment
Acknowledging the various interventions by the British Government in aid of the country’s developmental challenges, the minister said although Nigeria would appreciate more foreign aid from the British Government, it would be looking more in the area of investments from companies in that country coming into Nigeria. He explained the government’s efforts toward ensuring the ease of doing business and particularly mentioned the creation of industrial hubs in the six geo-political zones of the country that would have the basic facilities required for manufacturing to thrive smoothly.
In recent years, cross-border investment by business has expanded dramatically and is becoming an ever more powerful force for good in the developing world.