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Nigeria Ready For Business With Japan: Japan Lauds ERG Plan

Japan has applauded Nigeria’s effort in improving the business climate in the country and assured increase in its investment in the Nigerian economy.

The country’s Parliamentary Vice Chairman for Foreign Affairs, Takei Shunsuke, who led a 32-man Joint Trade and Investment Mission to Nigeria, in separate meetings with the Minister of Finance, Kemi Adeosun and Minister for Budget and National Planning, Senator Udo Udoma in Abuja on Thursday said that Japan is optimistic that the country’s well planned Economic Recovery and Growth strategy will aid economic relations between the two countries.
The Vice Minister declared its interest in development of key infrastructure particularly in the area of power and transportation which he said are crucial for economic investment and promotion, adding that $53 million would be provided as humanitarian assistance to internally displaced persons and refugees in the Lake Chad region, including the Nigeria’s North East region.

 

Minister of Finance, Mrs Kemi Adeosun in her response to the Japanese delegation said that the Federal Government is vigorously working to improve the country’s business environment by investing in transportation infrastructure and has made doing business in Nigeria easier.

 

Budget and National Planning Minister, Senator Udoma Udo Udoma who received the delegation in his office told the delegation that the ERGP outlines measures that will improve Nigeria’s global competitiveness and make it the pre-eminent destination for investors and businessmen wishing to do business with Africa.

 

Our Correspondent, Raliat Adenekan reports that the trade delegation had 12 private companies including trading houses, manufacturing, banks, insurance and relevant companies from all development sectors in Japan.

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