President Muhammadu Buhari said Nigeria
as a country recognized her problems early
enough, but remained potential for too long,
and so did not achieve much results.
This was stated in a press release issued by
the Special Adviser to the President, Media
and Publicity, Femi Adesina on Tuesday in
Abuja.
According to Adesina, the President spoke
Tuesday at State House, Abuja, while
receiving Executive Members of Association
of Africa Automotive Manufacturers (AAAM),
led by the chairman, Mr Jeff Nemeth.
“President Buhari said that to reverse the
trend, “We must avoid the mistakes made in
the past by both government and
manufacturers, and we are ready to get
investment from all quarters, so that we can
improve the lives of our people.”
“The President lamented that Nigeria failed
to develop on automobile initiatives started
in Bauchi, Kaduna and Ibadan, and depended
too much on oil as mainstay of her
economy.” He added.
He quoted the president: “We are making
efforts to start our steel industry all over
again. I see vast opportunities for both the
country and those who invest here,”
Adesina said that the AAAM Chairman,
Nemeth, said that the Association comprised
potential investors who were ready to unlock
investment potentials on the African
continent.
“We are ready to offer strategic partnership
with Nigeria. We want to promote investor-
friendly regulatory frameworks and
sustainable manufacturing.
“We will equally promote infrastructure
development, job creation, and skills
transfer,” He quoted the chairman.
Adesina added that the AAAM chairman
sought the support of the Presidency in the
realization of the vision and mission of the
association.
Tuesday, 16 August 2016
We Are Ready To Get Investment From All Quarters – President Buhari
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