Nigeria, most preffered investment destination in Africa- Jonathan



Jonathan 200.jpg 600President Goodluck Jonathan said that Nigeria shall remain the most preferred investment destination in Africa considering the various measures his administration has put in place to create the right environment for investments and businesses to thrive in the country.
The president said this today at the commissioning of the Multi-billion Naira Procter and Gamble plant in Agbara Ogun state.
The president, who was represented by Vice President Namadi Sambo added that his administration’s development strategy was to transform Nigeria and to assure that investors’ trust in the stability, growth and development of the country was not misplaced.
“In this respect, we have taken measures aimed at complimenting the efforts of private sector organizations like yours to enable Nigeria achieve its all-inclusive growth, job and wealth creation targets.” Said President Goodluck Jonathan
Meanwhile, the president has commended the administration of Governor of Amosun for creating a condusive environment for business to thrive. He described Ogun State as the most industrially developed state in the country while expressing the readiness of the Federal Government to partner with the state in its developmental programmes.
However, the president revealed that the current administration has drawn out plans for the long-awaited Lagos to Sokoto express road and that the design for the contract, which would be carried out under a public private partnership, would soon be completed. He also stated that the contract for a standard gauge rail line that would connect Lagos through Ogun state to Ibadan in Oyo state has been awarded adding that Olorunsogbo Power plant in Ogun state has been successfully completed and privatized while Federal Government is building an additional power transmission system as well as investing in development of gas infrastructure to support the efforts of the state government.
Meanwhile, President Goodluck Jonathan has congratulated the management of Procter & Gamble for the successful completion and commissioning of the multi-billion naira Agbara Plant, which he said was a demonstration of the firm’s commitment to “ensuring excellent and timely project delivery.” He added that this facility would go a long way to cause economic and social development in the country and the transformation drive of his administration.
He also commended the P& G for paying adequate attention to local content in its management structure thereby demonstrating strong commitment to the growth of its operational environment.
In his remarks, Governor Ibikunle Amosun of Ogun state thanked the Federal government for creating the enabling and conducive environment for business to thrive and for providing the necessary infrastructure for investments. He however called on the government to do more especially in the areas of infrastructure. He particularly appealed to the federal government to ensure the realization of the Lagos – Sokoto express road project which has been conceived several years ago and has remained in the drawing board of previous administrations.
High point of the event was the cutting of tape to commission the plant performed by the representative of the President Vice President Namadi Sambo. The Vice President was conducted round the newly commissioned facility where a practical demonstration of the plant flow process was carried out.
The newly commissioned Agbara plant would add to the existing plants owned by the company in the country and would accommodate significant expansion of the current diaper lines and other category growths

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