TheCable

Senate President Godswill Akpabio has asked foreign investors to consider doing business in Nigeria, saying investing in the nation is “safe and worthwhile”.

Akpabio also promised that the federal government would do everything legally possible to ensure that investors do not regret investing in Nigeria.

The senate president spoke on Thursday while receiving a delegation from Jampur International Group FZE, in Abuja.

The delegation was led by Mohammed Shafiq, the chief executive officer (CEO) of Jampur International Group FZE.

Akpabio restated the federal government’s commitment to providing a conducive business environment for both local and foreign investors in the country.

“I welcome you on behalf of the Senate of the Federal Republic of Nigeria,” he said.

“Nigeria is very safe and ready for investors. I am aware you are already investing in Nigeria in the area of mining, power, and trading.

“Thank you for employing Nigerians in your companies.”

Akpabio said the decision of the federal government to unify the exchange rate was a deliberate attempt to further assure foreign investors of the safety of their investments anywhere in the country.

“The current administration has normalised our foreign exchange rate by having only one window,” the president said.

“Investing in Nigeria is worthwhile because of the returns in investments based on our population of over 200 million and the land mass.

“The president is ready to ensure that people get value for their investments, himself being a strong businessman.

“I assure you that the federal government will do everything humanly possible to protect your investments by putting in place enabling laws on investments and security for its citizens and foreign investors.”

On his part, Shafiq said he was in the senate to formally congratulate Akpabio on his election as the president of the senate and to wish him well in office.

“We are here to congratulate you on your election as the president of the senate and to intimate you on our readiness to continue to partner with the government in the area of mining, agriculture, and power,” he said.