By Chuks Okocha
Security and enabling environment for business opportunities took the centre stage at the Canada-Nigeria Investment Conference, where the National Chairman of the ruling Peoples Democratic Party (PDP), Alhaji Bamanga Tukur, governors of Rivers State, Chibuike Amaechi; his Akwa Ibom State counterpart, Godswill Akpabio; the Bauchi State governor, Isa Yuguda; Ogun State governor, Ibikunle Amosun; and the Anambra State governor, Peter Obi, dazzled Canadian investors, assuring them of adequate security of their investments in Nigeria.
Speaking on the theme; “Nigeria, When Risks become Opportunities”, PDP chairman, Tukur, who outlined the challenge of energy, power and infrastructure deficit, slow legal reforms and enforcement of laws, inadequate access to medium and long term finance and high interest rate, volatile and unpredictable economic politics, lack of effective regulatory framework for economic activities, challenge of corruption and security as hitherto risk factors , said all these had been addressed by the reforms embarked upon by President Goodluck Jonathan administration.
Tukur explained that the Jonathan’s administration is not leaving any stone unturned in the efforts to curb crimes and insecurity in the country, explaining that this effort of government is yielding results as Nigeria has become the investors’ haven due the reforms embarked by government.
According to Tukur, “to demonstrate its commitment to economic development, the present government has created a Trade and Investment Ministry, with the mandate of scaling up foreign investment in the economy. This ministry has already achieved an impressive record of Foreign Direct Investment netting over $8.2 billion worth of investment into the Nigerian economy.”