Wednesday, 6 March 2013

FG Must End Terrorism, Stop Oil Theft And Promote Good Governance In States To Attract Increased Foreign Investment-Baronness Lynda Chaulker, Hiic

President Goodluck Jonathan

Nigeria is taking positive steps in reinventing itself and by virtue of its drive to build critical infrastructure is impacting positively on investors around the world

Chairperson of the Honourary International Investors Council, HIIC, Lynda Chaulker revealed this to newsmen at State House, Abuja on Tuesday after meeting with President Goodluck Jonathan 

She however stressed that the Jonathan administration still needed to bring an end to terrorism in the north, stop oil theft in the south and intensify good government in the states in order to ginger the private sector to do more

The HIIC is the President's investors Council made up of strong international private sector operators who bring in investments into the economy  and have the potential to influence investments into the country.

Baroness Chaulker says to change the way in which the country is viewed  abroad, there is an urgent need to bring about an end to oil theft in the Niger Delta 

The private sector she says is very cautious and wants to see commitments that would encourage investors to make sensible investment that would give them good returns on investments. 

This, Baroness Chaulker is quick to remind Nigerians is because the country, even in the oil field, has many competitors . 

Agreeing with her, Minister of Trade and Investment Olusegun Aganga says Nigeria is one of the four exciting economies in the world called the needs economy. 
The last meeting of the Honorary Investors Council was  in November in London and this meeting provided Baroness Chaulker an opportunity to be briefed the President on how far decisions agreed in November had been implemented and plan for the future. 

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