Nigeria called on Japan for more investments
Nigerian President Olusegun Obasanjo on Wednesday called on the Japanese government to make more investments to help modernize the West African country.
"Nigeria is willing to receive more investments from Japan to maximize relations between the two countries," Obasanjo said when receiving a seven-member delegation from the Japan Bank for International Cooperation (JBIC).
Obasanjo noted that Nigeria particularly welcomed joint venture investments with Japan to produce power and petrochemicals such as fertilizer.
He also said Nigeria could do with more Japanese construction companies in the country.
According to leader of the delegation Yuichi Ishimaru, more Japanese companies have come to Nigeria under the present administration than before.
He said the JBIC, owned 100 percent by the Japanese government, was committed to providing investment funds for various projects in Nigeria to improve bilateral relations.
Source: Xinhua
"Nigeria is willing to receive more investments from Japan to maximize relations between the two countries," Obasanjo said when receiving a seven-member delegation from the Japan Bank for International Cooperation (JBIC).
Obasanjo noted that Nigeria particularly welcomed joint venture investments with Japan to produce power and petrochemicals such as fertilizer.
He also said Nigeria could do with more Japanese construction companies in the country.
According to leader of the delegation Yuichi Ishimaru, more Japanese companies have come to Nigeria under the present administration than before.
He said the JBIC, owned 100 percent by the Japanese government, was committed to providing investment funds for various projects in Nigeria to improve bilateral relations.
Source: Xinhua