Olayemi R. Ibrahim
27 December 2011
Nigeria government has signed a Memorandum of Understanding (MoU) with a U.S company to invest and mobilize credible and reputable investors into the non-oil sector.
The government signed the MoU with JRF Technology, LLC, U.S. to mobilize investors into the mining, agriculture value Chain, transnational border market, energy, infrastructure and aviation among other the non-oil sector.
In a statement signed by Bolaji Kazeem of the ministry of trade and investment, the Minister Olusegun Aganga signed on behalf of the government at the ministry’s headquarters in Abuja while Engineer Jozsef Alberti, a Canadian based investor represented Messrs JRJ Technology, LLC, US, a consortium of American and Canadian investors and Engineering and Construction Company signed on behalf of the company.
The MoU agreed to create investment and a viable institutional partnership for Train-To-Work initiative of the Federal Ministry of Trade and Investment and identify business opportunities, develop entrepreneurship and vocational capacities and provide necessary start-up capital for small and medium enterprises for Nigerians.
Aganga expressed his gratitude to the consortium for their commitment to invest in Nigeria.
“This is a fruitful and symbiotic relationship and our job is to make sure you realize your goal and make return to your shareholders,” he said.
Alberti also lauds the government for creating a conducive environment for investors and pledge that they will do their best to transform the Nigeria economy.
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