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2011NESG summit to reinforce FDI through global partnerships

by Business News Report

The Nigerian Economic Summit Group said its 2011 summit will be used to reinforce the need for “Attracting Foreign Direct Investment through Global Partnerships.”
In a joint statement announcing the summit, Director General of the NESG, Mr. Frank Nweke Jr and the Honorable Minister for National Planning Commission NPC, Dr Shamsuddeen Usman said “This gathering will provide a window for investors to leverage business opportunities which abound as a result of the infrastructure deficits in electric power, roads, rail, aviation, ICT and a strong commitment by the President Goodluck Jonathan administration to carry through ongoing reforms across all sectors of the national economy including financial services, solid minerals and agricultural sectors.”
The group explained that the objective of the summit is to present the abundant possibilities within Nigeria’s economic system and the opportunities that exist to forge global partnerships between local and foreign investors. Alongside, will be the private sector players, ready to encourage and or consummate deals by presenting opportunities for which partnerships will serve as the structure for execution.
Usman said the Summit will agree what policy changes will attract strong global currencies, what actions will make people leave their country to make things happen in ours, what opportunities will be too difficult to ignore, what incentives will attract the right technology and skills; what changes will work for our mutual benefit and what disincentives must be expunged from our economic system.

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