The Moment<\/a> (London)<\/p>\nGodwin Ugbaka<\/p>\n
26 December 2011<\/p>\n
\nA group of US investors have signified interest to invest in the non-oil sector of the economy.<\/p>\n
The investors, JRJ Technology and LLC, a consortium of American and Canadian engineering and construction firms, will invest and mobilize other reputable investors into the mining, agriculture, value chain, transnational border market, energy, infrastructure and aviation sub-sectors of the economy.<\/p>\n
Already, a memorandum of understanding (MoU) to this effect, has been signed between the federal government and the foreign investors in Abuja.<\/p>\n
Minister of trade and investment, Olusegun Aganga signed on behalf of the Federal Government while Engineer Jozsef Alberti, a Canadian based investor represented JRJ Technology and LLC.<\/p>\n
As part of the agreement, a viable institutional partnership for ‘Train-to-Work’ initiative of the Federal Ministry of Trade and Investment is to be created.<\/p>\n
The agreement includes the identification of business opportunities; development of entrepreneurship and vocational capacities and the provision of necessary star-up capital for small and medium enterprises for Nigerians.<\/p>\n
The minister, who praised the investors and Mr. Alberti for their dedication and commitment to invest in the country, urged them to continue to be Nigeria’s ambassador.<\/p>\n
Aganga informed his guests that the federal government was developing a transnational Border Market in Shaki, Oyo State for genuine investors to take advantage of.<\/p>\n
According to him, the federal government is developing the market in collaboration with the Oyo State government and Britain Department for International Development (DFID).<\/p>\n
‘This is a fruitful and symbiotic relationship and our job is to make sure you realize your goal and make return to your shareholders’, the minister pointed out.<\/p>\n
Earlier, Engineer Jozsef Alberti said they were ready to explore the huge potentials in the mining, agriculture value chain, energy, infrastructure and aviation sub-sectors.<\/p>\n
He thanked the Federal Government for creating an environment that is conducive for investors and pledged to do their best to transform the economy of Nigeria.<\/p>\n
AllAfrica – All the Time<\/p>\n
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