President
Muhammadu Buhari on Friday reiterated his administration’s commitment to the
creation of enabling environment and making Nigeria an attractive place for
business and investment.
Buhari
made the pledge in his statement at the ninth summit of the D-8 Organisation
for Economic Cooperation at Istanbul, Turkey.
He
said it was his belief that only economies that promote trade and attract
investment grow at more sustainable rates.
The
President said, “Nigeria is committed to, and is actively pursuing a policy of
trade and investment facilitation for growth.
“The
gains from trade are reflected in greater competitiveness, improved
productivity, job creation, consumer welfare and prosperity.
“Economies
that grow fastest and at more sustainable rates are those that actively promote
trade and attract investment.
“We
are committed to creating an enabling environment and making Nigeria an
attractive place for business and investment.”
Buhari
said having identified trade as the engine of economic growth and development,
developing countries must continue to enhance the enabling environment for it
to thrive.
He,
therefore, urged governments of developing countries to encourage their
respective economic agencies to be more active in participation at executive
meetings organised by the organisation’s secretariat.
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