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Chinese investor highlights Nigeria’s business potential

The Director General Jilin commerce Department China, Mrs Cong Hongxia, has said Nigeria remains the best destination within the Africa region to do business as a result of its numerous resources.
The DG, who said this on Thursday during the Nigeria-China Jilin province economic and trade matchmaking conference held at the Calabar Free Trade Zone, said that the country has potentials to bring investors into the country and to enhance its economy status.
“Nigeria is a very unique country that attracts investors all over the world, ranging from its fertile land for agriculture, mineral resources and all it requires to run a successful business, with all these potentials I would say the environment is business friendly, “she said.
Also speaking, the General Manager of the Calabar Free Trade Zone, Mr. Sadiq Kassim, said Nigeria is the fastest growing economy in Africa and has become the preferred investor’s destination.
“With a population of over 170 million people, Nigeria is by far the largest market in Africa; investors can take advantage of the market while planning to expand into other African countries.
“The strategic location of the country makes for easy movement of goods to Europe, America and other parts of Africa. Successive government in Nigeria both at the federal and state level have created pro-business activities to thrive and succeed,” he said.
The GM, who was represented by the senior manager (finance), Ms Agatha Ene-Ita added that Nigeria-China relations was unique because both countries share the same national day which is October 1.
“This implies that we are brothers. China in this case is the bigger brother because China is ten times Nigeria in size and population, it is therefore natural for two brothers to relate so that the bigger one will lead the other on the path of growth and development,” she said.
“I wish to assure you that the Nigeria Export Processing Zones Authority is willing and ready to cooperate with you and facilitate the commencement and success of your business operations in Nigeria.”
The chairman, manufacturers association of Nigeria for Cross River and Akwa Ibom states Chief Sunny Jackson, said MAN currently has membership strength of over 2,000 manufacturing companies spread across the country in various productive sectors.
He added that MAN had been collaborating with relevant government agencies to position Nigerian industrial products for global competitiveness.

He however, appealed with the Minister for Industries, Trade and Investment, Dr. Olusegun Aganga to look into the issue of ‘doubling dipping’ which according to him was affecting free trade.

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