Buhari woos Korean investors to Nigeria | The Guardian Nigeria News - Nigeria and World News

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Buhari woos Korean investors to Nigeria | The Guardian Nigeria News - Nigeria and World News
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President Muhammadu Buhari Wednesday in Seoul invited top Korean business executives to increase their investments in Nigeria, while his Administration would continue to make determined efforts to improve the enabling domestic environment for businesses to flourish. Speaking during an audience he granted representatives of strategic Korean companies and industries on the sidelines of the World […]

President Muhammadu Buhari Wednesday in Seoul invited top Korean business executives to increase their investments in Nigeria, while his Administration would continue to make determined efforts to improve the enabling domestic environment for businesses to flourish. Speaking during an audience he granted representatives of strategic Korean companies and industries on the sidelines of the World…

Speaking during an audience he granted representatives of strategic Korean companies and industries on the sidelines of the World Bio Summit 2022 in the Republic of Korea capital, the President declared that “Nigeria remains committed to creating a stable and enabling business environment for foreign investors through the formulation of sound economic policies and improved governance,” adding that “the security forces have been working assiduously with local communities to ensure the security...

“The steady improvement from the global economic downturn of 2020 indicates that the Nigerian economy is on firm path of recovery. I implore you therefore, to take advantage of the many investment opportunities in Nigeria, especially in the areas of Oil and Gas, Trade, Manufacturing, ICT, Creative Industry and Culture exchange.

According to him, “I look forward to increased investments by Korean private companies in Nigeria as we resolve the issues of enabling relevant agreements such as Investment Promotion and Avoidance of Double Taxation between our two countries.”

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