Nigeria, France to Increase Investment Ties – French Ambassador

By August 30, 2021 NEWS

The French Ambassador to Nigeria, Mr Jerome Pasquir, has described Nigeria as an investment hub where French investors are at liberty to invest their wealth so that rapid bilateral economic ties will be fully consolidated for the benefit of the two countries.

This was just as the Managing Director of the Dala Inland Dry Port, Malam Ahmad Rabiu, said Kano State Government has disbursed 2.3 billion naira for the provision of infrastructure for the take-off operation of Inland Dry Port, Kumbotso, Kano.

Pasquir said the two countries possessed much-needed potentials to forge ahead in the economic sphere given the abundant resources in Nigeria, saying the French government has already made sustained efforts aimed at consolidating the ties for a robust business atmosphere to thrive at the time the quest for investment was on a high pedestal.

He stated this shortly after being conducted round the permanent site of the Dala Inland Dry Port by the Managing Director of the Company, Malam Ahamad Rabiu in Kano.

His words: “Our people have a wrong notion of Nigeria as far as the issue of insecurity and terrorism is concerned. as one representing the interest of our country, we are saddled with the pain of convincing our people to understand the simple fact that Nigeria is a great investment hub. The country has the much-needed potentials to be relied upon in terms of trade and investment.”

He disclosed that “We are here in Kano today and saw the potentials of Kano as a sprawling commercial nerve centre. We are also impressed with the hospitality we received. we are hoping to build and consolidate trade and investment ties with notable business tycoons like Adenuga, Dangote and others across the country. the issue of investment is the prevailing vogue all over the country.”

Earlier, the Managing Director of the Dala inland Dry port Malam Ahmad Rabiu said Kano State Government has disbursed 2.3 billion naira for the provision of infrastructures for the take-up operation of Inland Dry Port, Kumbotso Kano.

He explained that the infrastructure to be provided by the state government includes access road, perimeter fence, water and electricity among others.

The project he said when completed would provide thousands of job opportunities to the teeming youths and boost the state IGR, as well as promote export not only in Kano but the zone.

He, however, noted that with the recent development in the rail line sector in Nigeria, containers would reach the Inland Dry port in Kano from seaport Lagos within a day.

Read the original article on NigerianTribune.