Post by Trade facilitator on Mar 19, 2012 18:50:03 GMT 1
A group of Indian investors who were in Nigeria to explore business opportunities have expressed willingess to invest in the country's non-oil sector.
Leader of the delegation who is the chairman of KVR Group, Mr. Venkata Rama Raju Kalidindi made the remarks when they visited the Nigerian Export Promotion Council (NEPC).
He said that the investors were propelled to visit Nigeria because of the country's potential in the different sectors of the economy.
He explained that their interest was to invest in the energy, manufacturing, agriculture, water management and packaging sectors of the country. The Executive Director of the NEPC, David Adulugba assured the investors that the government has put in place good incentives to stimulate massive foreign investments in Nigeria, particularly in the non-oil export sector.
Represented by the Director, Trade Information Department, Mr. Aliyu Lawal, the Executive Director said investments in agricultural products such as cocoa, sesame seed, cashew nut, ginger, gum Arabic, cotton and the solid minerals sector, could generate massive returns in the international market.
The trade mission was facilitated by the Nigerian High Commission in New Delhi, in collaboration with the home office - the Ministry of Foreign Affairs.
Source: allafrica.com/stories/201203190575.html
Leader of the delegation who is the chairman of KVR Group, Mr. Venkata Rama Raju Kalidindi made the remarks when they visited the Nigerian Export Promotion Council (NEPC).
He said that the investors were propelled to visit Nigeria because of the country's potential in the different sectors of the economy.
He explained that their interest was to invest in the energy, manufacturing, agriculture, water management and packaging sectors of the country. The Executive Director of the NEPC, David Adulugba assured the investors that the government has put in place good incentives to stimulate massive foreign investments in Nigeria, particularly in the non-oil export sector.
Represented by the Director, Trade Information Department, Mr. Aliyu Lawal, the Executive Director said investments in agricultural products such as cocoa, sesame seed, cashew nut, ginger, gum Arabic, cotton and the solid minerals sector, could generate massive returns in the international market.
The trade mission was facilitated by the Nigerian High Commission in New Delhi, in collaboration with the home office - the Ministry of Foreign Affairs.
Source: allafrica.com/stories/201203190575.html
