By Stanley Onyekwere
The FCT Minister, Malam Muhammad Musa Bello has reiterated that the FCT Administration was ready to work with the Nigerian Arabian Gulf Chamber of Commerce, to improve Foreign Direct Investment (FDI) opportunities in the Territory.
Bello revealed that the newly created Economic Planning, Revenue Generation and Public Private Partnership (PPP) Secretariat will be in the forefront of such investment programmes and projects.
He explained that foreign investments in the waste management, light rail and tourism sectors were quite welcome because the government alone cannot optimally fund the development of these important sectors.
The Minister spoke when the President of the Nigerian Arabian Gulf Chamber of Commerce, Mr. Mahmoud Ahmadu, led a visiting delegation of the Chamber to the FCTA, last week.
This is coming in the wake of the presentation on investment opportunities in the Territory, made by FCT Minister, during the Nigerian Investment Forum at Dubai Expo 2020, held 5th March, 2022.
On his part, Mr Ahmadu, explained that the visit was a follow-up to the Minister’s presentation, at the Forum which focused largely on business opportunities in transportation, tourism, waste management, and construction, potential investors at the Forum showed great interest in the business opportunities in the FCT, hence the immediate visit by the Chamber to begin preparations for possible visits by potential investors to the FCT.
In the words of Ahmadu, “The Minister was able to give us a very brilliant presentation, so much so that after he left, we got a lot of interests.
“Prior to his presentation, we had few people that were interested in investing in Nigeria, but this changed after the presentation that he did and surprisingly, the Emirati media recorded it, and it’s getting a lot of interests from different groups of people interested in coming”.
According to him, several investors are eager to come to Nigeria and are especially interested in the FCT light rail project, the cultural center as well as waste management amongst others, and the Chamber is ready to facilitate such investment visits to the FCT.